• Seeking removal from ASX due to underperforming share price, low liquidity, and disproportionate costs
• Offering equal access share buy-back of up to 100% of shares at 61% premium to last close
• Delisting subject to shareholder approval, expected to complete by June 2025

BirdDog Technology Limited (ASX: BDT), the global leader in broadcast quality, software-enabled video solutions, has submitted a formal request to the Australian Securities Exchange (ASX) to be removed from the official list. The company has received in-principle approval from the ASX, subject to shareholder approval and other conditions. The delisting is considered by the Board to be in the best interests of the company and its shareholders due to factors such as the company's shares consistently trading at a valuation significantly below their intrinsic value, low trading liquidity, and the material administrative and compliance costs associated with the ASX listing. To provide existing shareholders with an opportunity to exit their investment prior to the delisting, the company is undertaking an off-market equal access share buy-back of up to 100% of each shareholder's BDT shares at a 61% premium to the last close price. The delisting and share buy-back are subject to shareholder approval at an extraordinary general meeting expected to be held on or about 14 May 2025. If successful, the delisting will be effective from 24 June 2025, after which the company's shares will no longer be traded on the ASX, and shareholders will only be able to sell their shares via off-market private transactions.