ASPEN GROUP — M&A Activity 2024

May 19, 2024

Quay Quarter Tower 50 Bridge Street, Sydney NSW 2000, Australia GPO Box 9925, Sydney NSW 2001, Australia Tel +61 2 9210 6500 Fax +61 2 9210 6611 www.corrs.com.au

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Sydney Melbourne Brisbane Perth Port Moresby

20 May 2024

Online lodgement

Market Announcements Office ASX Limited Exchange Centre 20 Bridge Street Sydney NSW 2000

Partner Sandy Mak (02) 9210 6171 Email: sandy.mak@corrs.com.au

Dear Sir / Madam

Takeover bid by Aspen Group Limited – notice of status of defeating conditions

We act for Aspen Group Limited ACN 004 160 927 ( Aspen ) in relation to its off-market takeover bid ( Offer ) under Chapter 6 of the Corporations Act 2001 (Cth) ( Corporations Act ) for all the current and issued fully-paid ordinary shares in Eureka Group Holdings Limited ACN 097 241 159 (ASX:EGH) ( Eureka ).

We enclose, by way of service pursuant to section 630(3) and section 630(5)(b) of the Corporations Act, a formal notice of the status of defeating conditions to the Offer.

A copy of the formal notice of the status of defeating conditions to the Offer has been sent to Eureka today.

Yours faithfully

Corrs Chambers Westgarth

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Sandy Mak Partner

Notice under section 630(3) of the Corporations Act 2001 (Cth) – status of defeating conditions

To: Eureka Group Holdings Limited ACN 097 241 159

ASX Limited

This notice is given by Aspen Group Limited ACN 004 160 927 ( Aspen ) for the purpose of section 630(3) of the Corporations Act 2001 (Cth) ( Corporations Act ) in respect of its offmarket takeover bid ( Offer ) for all of the current and to be issued fully-paid ordinary shares in Eureka Group Holdings Limited ACN 097 241 159 (ASX:EGH) ( Eureka ) pursuant to the bidder’s statement dated 8 March 2024 and replaced by the replacement bidder’s statement dated 15 March 2024 as supplemented by the second supplementary bidder’s statement dated 16 April 2024 and the third supplementary bidder’s statement dated 2 May 2024 ( Bidder’s Statement ). Capitalised terms in this notice have the same meaning given in the Bidder’s Statement, unless the context requires otherwise.

In accordance with section 630(3) of the Corporations Act, Aspen gives notice that, as at the date of this notice:

• (a) the Offer is unconditional and has been unconditional since 16 April 2024; and

• (b) based on acceptances of the Offer received to date, Aspen’s voting power in Eureka is 35.73%.

Signed for and on behalf of Aspen Group Limited

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David Dixon | Director Aspen Group Limited Date: 20 May 2024