---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-000637"
form_type: "8-K"
ticker: null
cik: "0001279695"
company_name: "UNIVERSAL BIOSENSORS INC"
filed_at: "2025-01-07T23:59:59+00:00"
generated_at: "2026-05-28T07:58:08.231378+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Universal Biosensors appoints Peter Mullin as CFO; Salesh Balak resigns as CFO, stays as advisor

## Summary
- Appointed Peter Mullin as CFO and Finance Director effective Dec 18, 2024; will serve as principal financial and accounting officer.
- First-year total remuneration package A$275,000 (base A$246,637 + superannuation); second-year increases to A$325,000.
- 15M options to be granted under EIP, subject to shareholder approval; vest in three tranches at exercise prices A$0.15, A$0.20, A$0.30.
- Salesh Balak resigned as CFO by mutual agreement; transitions to Corporate Advisor and remains Corporate Secretary; departure not due to disagreements.

## SEC filing metadata
- accession: 0001437749-25-000637
- form_type: 8-K
- cik: 0001279695
- company_name: UNIVERSAL BIOSENSORS INC
- filed_at: 2025-01-07T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1279695/000143774925000637/0001437749-25-000637-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1279695/000143774925000637/ubi20250106_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-000637
- JSON: https://secwatch.observer/filing/0001437749-25-000637.json
- Plain text: https://secwatch.observer/filing/0001437749-25-000637.txt

## Key facts
- Executive change
  Peter Mullin was appointed as Chief Financial Officer and Finance Director at UNIVERSAL BIOSENSORS INC.
  - Action: appointed
  - Role: Chief Financial Officer and Finance Director
  source text: Universal Biosensors, Inc. (the “ Company ”) announced that its board of directors (the “ Board ”) appointed Peter Mullin as Chief Financial Officer and Finance Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1279695/000143774925000637/0001437749-25-000637-index.htm
- Executive change
  Salesh Balak resigned as Chief Financial Officer at UNIVERSAL BIOSENSORS INC.
  - Action: resigned
  - Role: Chief Financial Officer
  source text: the Company and Salesh Balak, the Company’s Chief Financial Officer, mutually agreed that Mr. Balak will resign from his position as Chief Financial Officer at the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1279695/000143774925000637/0001437749-25-000637-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.