Scheme becomes Effective

• Mad Paws Holdings Ltd (ASX:MPA) announces Scheme of Arrangement with Rover Group, Inc. is now legally effective
• Mad Paws shares to be suspended from trading on ASX at close of trading on 3 November 2025
• Scheme Consideration of $0.14 in cash per Mad Paws Share to be paid to shareholders on 11 November 2025

Mad Paws Holdings Limited (ASX:MPA) has announced that the Scheme of Arrangement pursuant to which Rover Group, Inc. will acquire 100% of the issued share capital of Mad Paws is now legally effective. Mad Paws has lodged an office copy of the Supreme Court of New South Wales orders approving the Scheme with the Australian Securities and Investments Commission (ASIC). As a result, the Scheme is now legally effective. Mad Paws shares are expected to be suspended from trading on the ASX at the close of trading on 3 November 2025. Mad Paws shareholders who hold shares at 7:00pm (Sydney time) on Thursday, 6 November 2025 (Scheme Record Date) are expected to receive the Scheme Consideration of $0.14 in cash per Mad Paws Share on Tuesday, 11 November 2025 (Implementation Date).