• Federal Court approves scheme of arrangement for SEQ Hospitality Group to acquire 100% of Eumundi Group
• Eumundi shares to be suspended from trading after lodgement of court orders
• Eumundi shareholders to receive $1.62 cash per share on implementation date of 14 February 2025

Eumundi Group Limited (Eumundi) is pleased to announce that the Federal Court of Australia has today made orders approving the scheme of arrangement under which SEQ Hospitality Group Pty Ltd (SEQ) will acquire 100% of the Eumundi Shares on issue. It is expected that a copy of the Court orders approving the Scheme will be lodged with the Australian Securities and Investments Commission (ASIC) tomorrow, 5 February 2025, at which time the Scheme will become legally effective. At the same time, Eumundi will request that quotation of all Eumundi Shares on the ASX be suspended from the close of trading tomorrow. Subject to the Scheme becoming effective, it is anticipated that implementation of the Scheme will occur on Friday, 14 February 2025 (Implementation Date). On the Implementation Date, Eumundi Shareholders will receive the cash consideration under the Scheme of $1.62 per Eumundi Share held at the Record Date of 7:00pm (Sydney time) on Friday, 7 February 2025.