• Proposed acquisition of Lynch by Hasfarm Bidco for $2.155 per share
• Independent Expert concludes Scheme is in best interests of shareholders
• Directors unanimously recommend shareholders vote in favor of Scheme

Lynch Group Holdings Limited (ASX:LGL) held a Scheme Meeting for shareholders to vote on the proposed acquisition of the company by Hasfarm Bidco Pty Ltd. The Scheme proposes that Hasfarm Bidco will acquire all of the issued share capital of Lynch at a cash price of $2.155 per Lynch share. The Independent Expert, KPMG, 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 Directors unanimously recommend that shareholders vote in favor of the Scheme, and each Director is voting all shares held or controlled by them in favor of the Scheme. The Scheme is now principally conditional on approval by Lynch Shareholders at the Scheme Meeting, no Target Prescribed Event or Material Adverse Effect occurring, and approval by the Federal Court of Australia. If the Scheme is approved, the key dates are the Second Court Hearing on 27 November 2025, the Effective Date of 28 November 2025, and the Implementation Date of 9 December 2025 when the Scheme Consideration will be paid to shareholders.