• Embark Early Education Limited to make off-market takeover offer for Mayfield Childcare Limited
• Offer consideration of 1 Embark share for every 1.24 Mayfield shares or $0.50 cash per Mayfield share
• Bidder's statement lodged with ASX, providing details of the offer

Embark Early Education Limited (ASX:EVO) has announced an off-market takeover offer to acquire all the ordinary shares of Mayfield Childcare Limited (ASX:MFD). The bidder's statement has been lodged with the ASX, providing details of the offer. Embark is offering shareholders of Mayfield the choice of either 1 Embark share for every 1.24 Mayfield shares held, or $0.50 cash per Mayfield share. The offer is currently open and is scheduled to close at 7:00pm (Sydney time) on [*] 2025, unless extended or withdrawn. Embark has set 7:00pm (AEDT) on 19 December 2025 as the register date for determining holders of Mayfield securities. The bidder's statement includes information on Embark, Mayfield, and the combined group, as well as the key risks and Embark's intentions for Mayfield if the offer is successful. Shareholders of Mayfield are advised to read the bidder's statement carefully and seek professional advice before deciding whether to accept the offer.