• Embark Early Education secures $4M placement
• Single US-based institutional investor commits
• Placement price set at $0.40 per share
• Funds to be used for asset acquisitions and transaction costs
• Settlement expected on August 10, 2026

Embark Early Education Limited (ASX:EVO) has announced a binding commitment from a single US-based institutional investor to subscribe $4.0 million for fully paid ordinary shares at $0.40 per share. This Placement will result in the issuance of 10 million new shares, increasing the total issued share capital to 213,661,284. The new shares will rank equally with existing shares and are issued under the company's 10% placement capacity under ASX Listing Rule 7.1A. The investor does not fall within Listing Rule 10.11. The funds raised will be used to partly fund cash consideration for asset acquisition opportunities, yet to be identified, and to cover the transaction costs of the Placement. Canaccord Genuity (Australia) Limited acted as Lead Manager to the Placement. It is anticipated that settlement of the Placement will occur on Friday, August 7, 2026, with allotment and issue of the new shares expected on Monday, August 10, 2026.