• Court orders Insignia Financial to convene Scheme Meeting for shareholders
• Scheme Booklet to be distributed to shareholders by 4 March 2026
• Independent Expert concludes Scheme is fair and reasonable

Insignia Financial Ltd (ASX: IFL) has announced that the Federal Court of Australia has made orders for the company to convene and hold a meeting of Insignia Financial shareholders to consider and vote on the proposed acquisition of Insignia Financial by Daintree BidCo Pty Ltd, an entity established by CC Capital Partners LLC and its affiliates, by way of a scheme of arrangement ('Scheme'). The Court has also approved the distribution of the Scheme Booklet to Insignia Financial shareholders. The Scheme Booklet, which will be released following registration with ASIC, is expected to be despatched by 4 March 2026. The Scheme Booklet contains the Independent Expert's Report, which concludes that the Scheme is fair and reasonable and in the best interests of Insignia Financial shareholders, in the absence of a superior proposal. The Independent Expert has assessed the value of an Insignia Financial Share on a controlling interest basis to be in the range of $4.49 to $5.08 per share, and the Scheme Consideration of $4.80 falls within this range. The Insignia Financial Board unanimously recommends that its shareholders vote in favour of the Scheme, in the absence of a superior proposal and subject to the Independent Expert continuing to conclude that the Scheme is fair and reasonable and in the best interests of shareholders.