Aureka Limited (ASX: AKA) has recently transitioned Managing Director James Gurry from a consultancy arrangement to an employment contract. There is no material change to Mr. Gurry's base remuneration, but the change solely pertains to the form of engagement. The material terms of his employment, including a base salary of $285,000 per annum, STI, LTI, and other benefits, are outlined in Annexure A, which can be viewed on our website.

We invite investors to visit our website at www.aureka.com.au for further information or to contact James Gurry directly at James.Gurry@aureka.com.au or (03) 9692 7222. The announcement has been approved by our Board of Directors. If you have any questions regarding this transition, please don't hesitate to reach out. Thank you for your continued support.