SenSen Networks (ASX: $SNS) Share Issuance Notice

SenSen Networks Limited (ASX: $SNS) issued 1,056,102 fully paid ordinary shares under the SenSen Salary Sacrifice Plan, as approved by shareholders at the Company's Annual General Meeting on 28 November 2023. The shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act, and the company has complied with the relevant provisions of the Corporations Act as of the date of this notice.

Executive Commentary on Share Issuance

The issuance of 1,056,102 fully paid ordinary shares under the SenSen Salary Sacrifice Plan demonstrates our commitment to aligning the interests of our senior staff members with the long-term success of SenSen Networks. This initiative allows our key team members to become direct shareholders in the company, fostering a sense of ownership and driving collective efforts towards achieving our strategic objectives.

Summary of SenSen Networks Share Issuance

SenSen Networks Limited (ASX: $SNS) has issued 1,056,102 fully paid ordinary shares under the SenSen Salary Sacrifice Plan, providing senior staff members with an opportunity to receive ordinary shares in lieu of a portion of their salary. The company has ensured compliance with the relevant provisions of the Corporations Act, emphasizing its commitment to fostering a culture of ownership and aligning the interests of key team members with the long-term success of the organization. This strategic move reflects SenSen's dedication to driving collective efforts towards achieving its innovative smart urban management solutions and pioneering Live Awareness AI Platform.