Amendment: Ongoing Disclosure Notice - Teresa Farac-Ciprian

Ongoing Disclosure Notice
Disclosure of Directors and Senior Managers Relevant Interests
Sections 297(2) and 298(2), Financial Markets Conduct Act 2013
To NZX Limited; and
Name of listed issuer:
Rua Bioscience Limited (Rua)
Date this disclosure made:
23-Oct-25
Date of last disclosure:
20-Aug-25
Director or senior manager giving disclosure
Full name(s):
Teresa Farac-Ciprian
Name of listed issuer:
Rua Bioscience
Name of related body corporate (if applicable):
N/A
Position held in listed issuer:
Director
Summary of acquisition or disposal of relevant interest (excluding specified derivatives)
Class of affected quoted financial products:
Ordinary shares
Nature of the affected relevant interest(s):
Shareholder
For that relevant interest-
Number held in class before acquisition or disposal:
525,000
Number held in class after acquisition or disposal:
525,000
Current registered holder(s):
N/A - new issue of warrants for
possible conversion to shares
Registered holder(s) once transfers are registered:
Teresa Farac-Ciprian
Summary of acquisition or disposal of specified derivatives relevant interest (if applicable)
Type of affected derivative:
Warrants
Class of underlying financial products:
Ordinary Shares
Details of affected derivative-
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
162,145 warrants. This issue of
warrants represents 0.072% of the
total ordinary shares on issue
(being the percentage should all
warrants vest and be exercised). At
$0.015 warrant price is $2432.18
A statement as to whether the derivative is cash settled or physically settled:
No consideration is payable for
the warrants. Cash consideration of
$0.015 per share is payable on
exercise of the warrants
Maturity date of the derivative (if any):
5/06/2028
Expiry date of the derivative(if any):
5/06/2028
The price specified in the terms of the derivative (if any):
$0.015

Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative,-
Parties to the derivative:
Teresa Farac-Ciprian
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
N/A
Details of transactions giving rise to acquisition or disposal
Total number of transactions to which notice relates: 1
Details of transactions requiring disclosure-
Date of transaction:6-Jun-25
Nature of transaction:
Issue of warrants as part of a Debt
Facility arrangement announced 13
May 2025.
Name of any other party or parties to the transaction (if known):Rua Bioscience Limited
The consideration, expressed in New Zealand dollars, paid or received for the acquisition
or disposal. If the consideration was not in cash and cannot be readily by converted into
a cash value, describe the consideration:
No consideration is payable for the
warrants. Cash consideration of
$0.015 per share is payable on
exercise of the warrants
Number of financial products to which the transaction related: 162,145
If the issuer has a financial products trading policy that prohibits directors or senior
managers from trading during any period without written clearance (a closed period)
include the following details—
Whether relevant interests were acquired or disposed of during a closed period:No
Whether prior written clearance was provided to allow the acquisition or disposal to
proceed during the closed period:
N/A
Date of the prior written clearance (if any):
N/A
Summary of other relevant interests after acquisition or disposal:
Class of quoted financial products:Ordinary Shares
Nature of relevant interest:Registered holder
For that relevant interest,-
Number held in class:525,000 ordinary shares
Current registered holder(s):Teresa Farac-Ciprian
For a derivative relevant interest,-
Type of derivative:301,925 warrants
Details of derivative
The notional value of the derivative (if any) or the notional amount of underlying financial
products (if any):
162,145 warrants. This issue of
warrants represents 0.073% of the
total ordinary shares on issue
A statement as to whether the derivative is cash settled or physically settled:
No consideration is payable for the
warrants. Cash consideration of
$0.015 per share is payable on
exercise of the warrants
Maturity date of the derivative (if any):
5/06/2028
Expiry date of the derivative (if any):
5/06/2028

The price's specified terms (if any):
$0.015
Any other details needed to understand how the amount of the consideration payable
under the derivative or the value of the derivative is affected by the value of the
underlying financial products:
N/A
For that derivative relevant interest,-
Parties to the derivative:
Teresa Farac-Ciprian
If the director or senior manager is not a party to the derivative, the nature of the relevant
interest in the derivative:
N/A

Certification
I, certify that, to the best of my knowledge and belief, the information contained in this
disclosure is correct and that I am duly authorised to make this disclosure by all persons
for whom it is made.
Signature of person authorised to sign on behalf of director or officer:
Date of signature:
23/10/2025
Name and title of authorised person:
Paul Naske, CEO

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23 October 2025

FOR PUBLIC RELEASE

Ongoing Disclosure Notice – Teresa Farac-Ciprian
This notice is to amend and update the Ongoing Disclosure for Teresa Farac-Ciprian.
In May and June this year, Teresa Farac-Ciprian lent the company money to undertake
purchases for inventory. As part of the terms of the loan, two separate tranches of warrants
were issued to Teresa Farac-Ciprian.
An error was made in the Ongoing Disclosure Notice (ODN) issued on 9 June 2025. The ODN did
not include both tranches of warrants.
 The ODN issued 9 June 2025 stated 139,780 warrants issued to Teresa Farac-Ciprian.
 The ODN should have stated 301,925 warrants issued to Teresa Farac-Ciprian.
A new ODN has now been issued stating that the balance of 162,145 warrants have been issued
to Teresa Farac-Ciprian.
For clarity, Teresa Farac-Ciprian has rights to a total of 301,925 warrants.

ENDS
The person who authorised this statement:
Paul Naske
Chief Executive Officer
paul.naske@ruabio.com
+64 21 445154