• RPMGlobal Holdings Ltd received FIRB approval for proposed acquisition by Caterpillar Inc
• Scheme of Arrangement remains subject to other conditions precedent
• Implementation timetable to be updated as details become available

RPMGlobal Holdings Limited (ASX: RUL) has announced that Caterpillar Inc, through its wholly owned subsidiary Revolution HoldCo Pty Ltd (Caterpillar BidCo), has received written notice from the Treasurer of the Commonwealth of Australia that the Commonwealth Government has no objection to the proposed acquisition of 100% of the shares in RPM by way of a Scheme of Arrangement under the Foreign Acquisitions and Takeovers Act 1975. This satisfies the Foreign Investment Approval condition contained in the Scheme Implementation Deed. The implementation of the Scheme remains subject to the satisfaction of certain other conditions precedent, including receipt of the requisite approvals from the Federal Court of Australia. RPM will continue to notify shareholders of any update to the timetable as those details become available. Shareholders are advised to refer to the Scheme Booklet or contact RPM directly for any questions regarding the Scheme.