• Proposed $269 million acquisition of Lynch Group by Hasfarm Holdings at $2.155 per share
• Independent Expert concludes scheme is fair and reasonable, in best interests of shareholders
• Lynch Board unanimously recommends shareholders vote in favor of the scheme

Lynch Group Holdings Ltd (ASX: LGL) has called a shareholder meeting on 21 November 2025 to vote on a proposed scheme of arrangement to acquire all issued share capital of Lynch by Hasfarm Holdings Limited and Hasfarm Bidco at a cash price of $2.155 per Lynch share, representing a 23.1% premium to the last closing price and a 24.1% premium to the 3-month VWAP. The Independent Expert has concluded that the scheme is fair and reasonable, and in the best interests of Lynch shareholders in the absence of a superior proposal. The Lynch Board unanimously recommends that shareholders vote in favor of the scheme. If approved, the scheme is expected to be implemented on 9 December 2025. Key conditions include shareholder and court approval, with no material adverse events occurring. Lynch shareholders should consider the reasons to vote for and against the scheme as outlined in the scheme booklet, including the financial benefits to directors and the potential to continue participating in Lynch's future performance as a standalone entity.