2026-2027 Plan Year

The IVE Group Employee Salary Sacrifice Plan (Salary Sacrifice Plan or Plan) allows Eligible Employees to sacrifice a portion of their pre-tax salary to acquire ordinary shares in IVE Group (Shares).

Eligible Employees whose total salary sacrifice Contributions are A$1,000 or more during a Plan Year will also receive an allocation of Bonus Share Rights. Each Bonus Share Right entitles the participant to receive one fully paid ordinary share in IVE Group, subject to vesting conditions.

Bonus Share Rights vest after one year, provided the participant remains employed by IVE Group and satisfies the vesting conditions.

The Salary Sacrifice Plan enables Eligible Employees to build an ownership interest in IVE Group in a tax-effective manner and to participate in the long-term growth of the business.

The allocation of Bonus Share Rights rewards Eligible Employees for ongoing contribution and encourages alignment between employees and shareholders by linking rewards to continued service and share ownership.

Employees of IVE Group are eligible to participate in the Salary Sacrifice Plan if they:

· are employed on a full-time or part-time permanent
· are not employed on a casual contract or fixed-term contract

· reside in Australia

· have not given notice of resignation or been terminated

No minimum length of service is required to participate in the Plan.

For each year in which the Salary Sacrifice Plan is offered (Plan Year), Eligible Employees will receive an Invitation to participate via email from Automic.

To accept the Offer, follow the instructions in the Invitation and complete and submit the Online Application Form before the closing date. Please refer to the Key Dates section above for offer open and closing dates.

Participation does not automatically carry over into future Plan Years. The Plan may be amended or discontinued at the discretion of the IVE Group Board.

By enrolling in the Plan, you agree to sacrifice a nominated portion of your pre-tax salary during the Plan Year. Salary sacrifice Contributions are deducted from your salary and applied toward the acquisition of Shares on your behalf.

Salary sacrifice arrangements are subject to applicable taxation and employment laws. You should seek independent financial or tax advice before participating.

When enrolling, you must nominate an annual Contribution Amount  of A$500 to A$5,000 in A$500 increments for the relevant Plan Year.  

If your total Contributions during the Plan Year are A$1,000 or more, you will be eligible for an allocation of Bonus Share Rights, subject to the Plan Rules. 

· Contributions are made via pre-tax salary sacrifice deductions in equal instalments over the Plan Year.

· You cannot change your Contribution Amount during the Plan Year.

· You may withdraw from the Plan at any time.

Shares are acquired for you shortly prior to the end of each Quarter in the Plan Year, using the salary sacrifice Contributions deducted during that Quarter.

The number of Shares allocated is calculated using the volume weighted average market price (VWAP) of IVE Group shares over the 20 trading days up to and including the trading day immediately prior to the allocation date.

Once acquired, Shares are transferred to you and held in your employee plan holding in the Automic Investor Portal. You will receive an email confirmation following each quarterly allocation.

The number of Shares allocated to you each Quarter depends on:

· the total salary sacrifice Contributions made during that Quarter; and

· the 20-day VWAP up to and including the trading day immediately prior to the allocation date.

As fractional entitlements cannot be issued, allocations are rounded down to the nearest whole Share. Any remaining Contributions are carried forward to the next allocation or refunded if no further allocations occur.

Bonus Share Rights are rights granted to Eligible Employees whose total Contributions during a Plan Year are A$1,000 or more.

Each Bonus Share Right entitles you to receive one fully paid ordinary share in IVE Group, subject to vesting conditions set out in the Plan Rules.

Bonus Share Rights do not carry voting rights or dividend entitlements prior to vesting.

Bonus Share Rights vest one year from the grant date, provided that:

· your total Contributions for the relevant Plan Year are A$1,000 or more; and

· you remain employed by IVE Group at the vesting date.

Unvested Bonus Share Rights will lapse if you cease employment with IVE Group before the vesting date.

Yes. You are entitled to receive dividends on any Shares you hold as at the relevant dividend record date.

Dividends are not payable on Bonus Share Rights until they vest and Shares are issued or transferred to you.

To ensure dividends are paid correctly, please ensure your bank details and Tax File Number are recorded in the Automic Investor Portal.

You may sell or transfer Shares acquired under the Plan at any time following release, subject to compliance with:

 · The Three-Year holding lock requirement has been completed and your shares released.  
· IVE Group’s Securities Trading Policy; and

· applicable insider trading laws.

Automic provides an employee share sale facility that allows you to sell Shares through the Automic Investor Portal under “Transact”, without requiring an external brokerage account.

Tax treatment depends on your personal circumstances and applicable Australian tax law.

· Salary sacrifice Contributions may provide tax advantages.

· Tax will likely apply when Shares are sold.

· Tax may apply when Bonus Share Rights vest and Shares are issued or transferred.

You should obtain independent tax advice. General tax information is available in the Tax Summary downloadable from this page.

Yes. You may withdraw from the Plan at any time by emailing payroll@ivegroup.com.au, including your employee ID and advising that you wish to cease participation.

Any Contributions not yet used to acquire Shares will be refunded as soon as practicable. Withdrawal may impact your eligibility for Bonus Share Rights.

If your employment with IVE Group ends:

· Shares already acquired will remain yours.

· Any unused Contributions will be refunded.

· Any unvested Bonus Share Rights will lapse.

All vested Shares are yours to retain, sell, or transfer at your discretion and will continue to be held in the Automic Investor Portal until you instruct otherwise.

You are responsible for keeping your personal and banking details up to date to ensure ongoing communications.

For assistance with the Salary Sacrifice Plan or your shareholding, please contact Automic’s dedicated IVE Group support team:

Phone (Australia): 1300 288 664 Phone
Email: esp@automicgroup.com.au

Support hours:
Sydney (AEST/AEDT): 8:30am – 7:30pm, Monday to Friday

Shares acquired via the Salary Sacrifice Plan will be released from restriction following the required Three-year period.

If you leave IVE Group your Salary Sacrifice Shares will be released following the end of your employment.