Notice to free Offer from Conditions

• Crimson Consulting Australia Pty Ltd has made an off-market takeover offer for Kip McGrath Education Centres Limited.
• The offer has been declared free from certain conditions as per the Corporations Act.
• As of the notice date, Crimson Australia holds a 32.37% voting power in Kip McGrath.

Crimson Consulting Australia Pty Ltd, a subsidiary of Crimson Consulting Limited, has lodged a notice to free its off-market takeover offer from specific conditions for Kip McGrath Education Centres Limited (ASX: KME). The notice was filed under section 650F of the Corporations Act 2001 and declares the offer free from conditions such as minimum acceptance, regulatory action, prescribed occurrences, distributions, break fees, and material adverse change. As of the notice date, Crimson Australia holds 16,989,719 shares, representing 32.37% of the total issued shares of Kip McGrath.