STRATA REJECTS REVISED PROPOSED OFFER

• Strata Investment Holdings PLC rejected the revised offer from Freedom BidCo
• Revised offer of A$0.22 per share deemed highly conditional
• Strata Board believes offer undervalues company's assets and prospects
• No immediate action required from shareholders

Strata Investment Holdings PLC (ASX: SRT) has announced the rejection of the revised proposed offer from Freedom BidCo, Inc. The revised offer, at A$0.22 per share, was considered by the Strata Board to be highly conditional and not in the best interests of shareholders. The offer was deemed to materially undervalue Strata's assets and prospects, representing a discount of approximately 53.60% to the company's most recent reported net tangible asset backing. The Strata Board will provide a formal response following the publication of the associated offer document, expected no later than 16 July 2026. Shareholders are advised that no formal offer document has been published and no action is required at this time.