• 5GN's takeover offer for 100% of AuCyber (CYB) has closed
• 5GN has a relevant interest in 89.685% of CYB's shares
• 5GN will not proceed with compulsory acquisition as it holds less than 90% of shares

5G Networks Limited (5GN) has announced the close of its on-market takeover offer for 100% of the ordinary shares in AuCyber Limited (CYB). The offer closed at 4:00 pm (Melbourne Time) on 17 February 2025, with 5GN now holding a relevant interest and voting power in 89.685% of CYB's shares. As 5GN has a relevant interest in less than 90% of CYB's shares, it will not be able to proceed with compulsory acquisition of the remaining CYB shares under section 661A of the Corporations Act 2001. 5GN is an Australian owned digital services company that empowers over 2,500 corporate clients to grow and thrive online. The company offers a portfolio of digital services, including cloud, data networks, data centers, managed IT services, and digital marketing. 5GN currently owns and operates its own nationwide and international high-speed data network with points of presence in all major Australian capital cities, as well as in Singapore, the USA, Hong Kong, and New Zealand. The company also offers managed cloud solutions and managed services to optimize customers' IT and network environments.