• Confidential, non-binding and highly conditional takeover proposal from Interactive Pty Ltd
• Proposed acquisition of 100% of CYB.ASX shares at $0.165 cash per share via a scheme of arrangement
• Proposal subject to extensive conditions, including satisfactory due diligence and unanimous CYB Board recommendation

CYB.ASX, an Australian cybersecurity and cloud services provider, has received a confidential, non-binding and highly conditional takeover proposal from Interactive Pty Ltd to acquire 100% of the company's ordinary shares at $0.165 cash per share via a scheme of arrangement. The proposed transaction is subject to extensive conditions, including satisfactory due diligence by the bidder, unanimous recommendation of the CYB Board, customary deal protection mechanisms, change of control consents required under material contracts, final Board approvals of Interactive, and no material adverse change. The CYB Board will assess whether the Interactive Proposal qualifies as 'superior' to the previously announced Revised Offer from 5GN, considering factors such as price, offer structure, timing, source of funds, and the likelihood of the conditions being met. The company has recommended that shareholders take no action in relation to 5GN's Revised Offer and will provide a recommendation to shareholders as soon as practicable. However, there is no certainty that the Interactive Proposal will result in a binding transaction being put forward to shareholders for their consideration.