• Proposed acquisition of Insignia Financial by CC Capital Partners for $4.80 per share
• Insignia Financial Board unanimously recommends shareholders vote in favour of the Scheme
• Independent Expert concludes Scheme is in best interests of shareholders

Insignia Financial Ltd is holding a Scheme Meeting for shareholders to vote on the proposed acquisition of the company by CC Capital Partners LLC and its affiliates for $4.80 cash per share. The Scheme is the outcome of a comprehensive process that commenced in December 2024 with an initial proposal from Bain Capital to acquire Insignia Financial for $4.00 per share. This initial proposal led to competing proposals from CC Capital, Bain Capital and Brookfield Capital Partners, with the current Scheme representing the highest binding offer price received by the Board. The Insignia Financial Board has unanimously recommended that shareholders vote in favour of the Scheme, which they believe is in the best interests of shareholders. The Independent Expert, Kroll Australia Pty Ltd, has also concluded that the Scheme is in the best interests of Insignia Financial shareholders, in the absence of a Superior Proposal. The Scheme remains subject to the approval of Insignia Financial shareholders, approval by the Federal Court of Australia, and the satisfaction of other customary conditions precedent. If the Scheme is approved, it is expected to be implemented on 28 April 2026, with Insignia Financial shareholders receiving the Scheme Consideration of $4.80 per share on that date.