• Board withdraws proposed delisting and buy-back after shareholder feedback
• Company to remain listed on ASX
• Board to continue evaluating future capital management initiatives

EDU Holdings Limited has advised that it is withdrawing the proposed delisting of the company from the ASX and the associated equal access off-market buy-back. This decision comes after the Board engaged in constructive discussions with a broad group of shareholders, many of whom expressed a preference for the company to remain listed and indicated they would not support the Proposal. As a result, the General Meeting scheduled for 23 June 2025 to consider the Proposal will not proceed. The Board has also resolved not to proceed with the buy-back of unmarketable parcels of shares at this time. However, the company retains the ability to undertake an on-market share buy-back of up to 16.5 million shares, following shareholder approval on 5 November 2024. The Board will continue to evaluate future capital management initiatives aligned with EDU's strategic objectives and the best interests of shareholders. EDU remains committed to executing its strategy and creating long-term value for shareholders.