Notice of Ruling 8 March 2023 The Commissioner of Taxation, Chris Jordan, gives notice by notifiable instrument under subsection 358-5(4) of Schedule 1 to the Taxation Administration Act 1953 of the following public ruling, a copy of which can be obtained from ato.gov.au/law NOTICE OF RULING Ruling number Subject Brief description CR 2023/10 Xero Limited – employee share scheme – Restricted Stock Unit and Option Plan This Ruling sets out the income tax consequences for employees of Xero Limited and its Australian employing entities who participate in the Xero Limited Restricted Stock Unit and Option Plan. This Ruling applies from 1 July 2021 to 30 June 2026.