Ann: Results of Meeting, page-3

It's an incentive for the participants to increase the share price. I think it's similar to granting options but the tax implications are probably a bit less dire. It works like this:

1. The participant "borrows" funds from EOS and "buys" shares at market price using the funds. In practice EOS is just going to issue the shares to the participant and book the loan so there's no actual bank transaction involved.
2. On or before the due date the participant repays the borrowed funds, or returns the shares.

It's probably a bit easier from a tax point of view because it's not salary so PAYG tax isn't going to be payable at any given date.

The more the share price increases, the better off the participant will be, and will only be liable for capital gains tax once they dispose of the shares.

You can find all the relevant documentation on the EOS website: https://www.eos-aus.com/investor-centre/