Milkfood Ltd — Updates, 28-05-2025: Company Update

Milkfood Limited has announced that 12,18,000 employee stock options granted under its ESOS 2024 Plan were returned by grantees due to the proposal being unattractive. These options have now lapsed and will return to the pool for possible re-issuance by the Nomination and Remuneration Committee under revised terms. This move reflects employee feedback and allows the company flexibility to restructure its stock incentive plan, potentially aligning future grants better with employee expectations and company goals.