Crimson Australia acceptances total 91.40%

• Crimson Australia has secured acceptances totaling 91.40% for its takeover offer for Kip McGrath.
• Crimson Australia intends to commence compulsory acquisition of remaining Kip McGrath shares.
• Shareholders who have not yet accepted the offer can do so until 4 November 2026.

Crimson Consulting Australia Pty Ltd, a subsidiary of Crimson Consulting Limited, has confirmed that as of 29 October 2026, it holds a relevant interest in 91.40% of Kip McGrath Education Centres Limited's shares. With over 90% acceptance, Crimson Australia plans to compulsorily acquire all remaining shares. Shareholders who have not yet accepted the offer can still do so until 4 November 2026, resulting in quicker payment compared to compulsory acquisition.