• EQT Holdings Ltd received an unsolicited, non-binding proposal from BGH Capital
• Proposal to acquire 100% of EQT shares at A$24.75 per share
• Proposal subject to due diligence, regulatory approvals, and other conditions
• EQT shareholders do not need to take immediate action

EQT Holdings Ltd (ASX: EQT), the holding company for Equity Trustees, has announced it received an unsolicited, indicative, and non-binding proposal from BGH Capital Pty Ltd to acquire 100% of its outstanding shares. The proposal is for A$24.75 per share in cash, less any dividends declared or paid. The proposal is subject to several conditions, including satisfactory completion of due diligence, regulatory approvals, and final approval from BGH's Investment Review Committee. The Board of EQT, along with its advisors, will evaluate the proposal and will provide updates to shareholders as necessary. There is no certainty that the proposal will result in a formal binding offer or that any transaction will eventuate.

The Board of EQT will evaluate the proposal and provide updates to shareholders as necessary.