Minimum Holdings Notice

BLIS Technologies Limited
399 Moray Place, Dunedin, New Zealand, 9016
blis.co.nz
info@blis.co.nz

26 August 2026
Minimum Holdings Notice
BLIS Technologies Limited (NZX: BLT) (BLIS) advises that the Board has set a minimum holding of
26,738 BLIS shares, based on a minimum holding value of $500 and the average market price of BLIS
shares of $0.0187 as at 26 August 2026 (being the volume weighted average price of the Shares for
the 20 business day period prior to the date of this resolution).
Under its constitution and the NZX Listing Rules, BLIS is permitted to exercise a power of sale of
shares held by any person holding less than a Minimum Holding.
BLIS recognises that it is difficult for some shareholders to sell small parcels of shares because the
cost of brokerage can be disproportionately high relative to the value of their shareholding.
Maintaining a large number of small shareholdings also involves ongoing registry and administration
costs for BLIS. The Board considers that the implementation of a minimum holding requirement will
assist BLIS to maintain an efficient share register.
Accordingly, the BLIS Board advises that it intends to exercise its power in relation to any person
holding less than 26,738 BLIS shares (being the Minimum Holding).
In accordance with clause 5 of the BLIS constitution and NZX Main Board Listing Rule 4.14.1(d)(iii),
the Board will today give notice to affected shareholders holding less than a Minimum Holding that if
those shareholders continue to hold less than the Minimum Holding at the expiry of three months
after the date of the notice, being 26 November 2026, BLIS intends to exercise its power of sale by
acquiring and cancelling those shares through an off-market share buyback.
The buy back price per share will be equal to the volume weighted average price of BLIS shares over
the 20 business day period prior to the date the shares are acquired by BLIS. BLIS will meet the sale
expenses associated with the buy back.
The attached notice will be sent to affected shareholders today and sets out in detail the options
available to those shareholders.
Ends

BLIS Technologies Limited
399 Moray Place, Dunedin, New Zealand, 9016
blis.co.nz
info@blis.co.nz
For further information, please contact:

Scott Johnson
CEO
+64 21 488 831


About BLIS Technologies Ltd

Delivering proven health benefits through evidence-based, advanced probiotics
BLIS Technologies is an NZX-listed manufacturer of advanced probiotic strains that go beyond the gut.
Combining innovation with evidence-based research and the highest quality production controls enables
the delivery of probiotic solutions for specific health targets including throat health, halitosis (bad breath),
immune support, teeth and gum health and skin health. BLIS
®
products are sold throughout New Zealand
and in Asia, Europe and the USA. More information about BLIS Technologies Ltd can be found at
www.blis.co.nz.

Website: www.blis.co.nz
Instagram: @blisprobiotics #blisk12 #blism18 #blisq24
Facebook: @BLISProbiotics

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BLIS Technologies Limited
399 Moray Place, Dunedin, New Zealand, 9016
blis.co.nz
info@blis.co.nz

26 August 2026
Dear Shareholder
Important information – Notice of Minimum Holding Requirement and proposed buyback of your shares

You are receiving this notice because our records show that your current shareholding in BLIS Technologies
Limited (BLIS) is less than the minimum holding of 26,738 shares (Minimum Holding) recently set by the
Board.

This notice explains why we are implementing a Minimum Holding, proposing to buy back shareholdings below
that threshold, the options available to you and the steps you can take if you wish to retain your shareholding
in BLIS.

Why is BLIS implementing a minimum holding requirement?

We recognise that it is difficult for some shareholders to sell small parcels of shares because the cost of
brokerage can be disproportionately high relative to the value of their shareholding. Maintaining a large
number of small shareholdings also involves ongoing registry and administration costs for BLIS. The Board
considers that the implementation of a minimum holding requirement will assist BLIS to maintain an efficient
share register.

What happens if your shareholding is below the Minimum Holding?

If you continue to hold less than 26,738 shares in BLIS at 5pm NZT on 26 November 2026, we intend to buy
back and cancel all your shares through an off-market share buyback as permitted by the constitution and NZX
Listing Rules.

The price paid for your shares will be equal to the volume weighted average price of BLIS shares over the 20
business day period prior to the date the shares are bought back by BLIS (Buyback Price).

We will meet the sale expenses associated with the buy back.

Your current shareholding

Minimum Holding 26,738
Your current shareholding [●]
Additional shares required to meet the
Minimum Holding
[●]

Your options

You have until 5.00pm on 26 November 2026 to decide how you would like to deal with your shareholding.
The options available to you are set out below.

BLIS Technologies Limited
399 Moray Place, Dunedin, New Zealand, 9016
blis.co.nz
info@blis.co.nz
Option 1: Do nothing and BLIS will acquire your shares

If you do not take any action before 26 November 2026, we intend to acquire and cancel your shares through
an off-market share buyback under section 61(7) of the Companies Act 1993. You will be paid the Buyback
Price for your shares (less any reasonable sale expenses).

The proceeds from the sale of your shareholding will be deposited into the bank account which our share
registrar, MUFG Pension & Market Services, has on record for you. Please ensure these details are up to date.
If necessary, you can update your bank account details online by visiting the MPMS Investor Centre at
https://nz.investorcentre.mpms.mufg.com/.

Option 2: Increase or transfer your shareholding before 26 November 2026

You may choose to increase your holding to, or above, 26,738 shares by purchasing additional BLIS shares
before 26 November 2026. If you would like to purchase more shares, you can do this through your NZX broker
or financial advisor. Applicable brokerage charges will apply. Alternatively, you may wish to transfer your
shares to another investment platform, please obtain advice from your financial advisor.

The purchase of additional shares must be settled before 26 November 2026 and registered in the same
holding as your existing shares.

Additional information

If you have any questions about this process, you can contact our share registrar, MUFG Pension & Market
Services in one of the following ways:

Website: https://nz.investorcentre.mpms.mufg.com/
Email: applications.nz@cm.mpms.mufg.com
Phone: +64 9 375 5998



Kind Regards




Scott Johnson
CEO
BLIS Technologies Limited