Scheme Booklet Registered with ASIC

• Dropsuite confirms Scheme Booklet registered with ASIC
• Independent Expert concludes Scheme is fair and reasonable
• Dropsuite Directors unanimously recommend shareholders vote in favor

Dropsuite Limited (ASX:DSE) ('Dropsuite' or the 'Company') has today registered the Scheme Booklet with the Australian Securities and Investment Commission ('ASIC'). The Scheme Booklet provides Dropsuite shareholders with important information about the proposed acquisition of all of the issued shares in Dropsuite by NinjaOne Australia Pty Ltd ('NinjaOne') by way of a scheme of arrangement ('Scheme'). The Scheme Booklet includes the Independent Expert's Report, which has concluded that the Scheme is fair and reasonable and in the best interests of Dropsuite shareholders, in the absence of a superior proposal. The Independent Expert has assessed the value of a Dropsuite Share on a controlling interest basis to be in the range of $3.92 to $5.88, with the Scheme Consideration of $5.90 cash per Dropsuite share being above this range. The Dropsuite Directors unanimously recommend that Dropsuite shareholders vote in favour of the Scheme, in the absence of a Superior Proposal and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of Dropsuite shareholders. The Scheme Meeting, at which Dropsuite shareholders will consider and vote on the proposed Scheme, will be held on 9 May 2025.