[ADELAIDE], 24 JULY 2025
In accordance with the Scheme, Scheme Shareholders have been paid the Scheme Consideration for each Clean Seas Share held on the Scheme Record Date, being 7:00pm (Adelaide time) on Friday 18 July 2025. Scheme Shareholders have received the Default Cash Consideration of $0.14 cash per Clean Seas Share held, unless a valid Election was made by a Scheme Shareholder to receive the Yumbah Scrip Alternative, in which they have been issued one (1) New Yumbah Share for every 2.8571 Clean Seas Shares held.
This resulted in a disposal of all of their ordinary shares by all Primary Insiders to Yumbah.
Primary Insiders:
Katelyn Adams
Marcus Stehr
Gary Higgins
Rob Gratton
Antoine Huon
Craig Hughes
David Di Blasio
No Primary Insider holds any securities in the Company following this disposal.
For further information please contact:
Rob Gratton
CEO
rob.gratton@cleanseas.com.au