IRESS LIMITED — M&A Activity 2020

Sep 3, 2020

4 September 2020

Court a roves convenin of scheme meetin pp g g

OneVue Holdings Limited (ASX: OVH) (OneVue) is pleased to announce that the Federal Court of Australia (Court) has today made orders convening a meeting of OneVue shareholders (Scheme Meeting) to consider and vote on the previously announced proposal for the acquisition of 100% of the shares in OneVue by Iress Limited (ASX: IRE) by way of scheme of arrangement (Scheme).

The Scheme Meeting will be held virtually at 10.30am (Sydney time) on Friday, 9 October 2020.

If the Scheme is approved by the requisite majority of OneVue shareholders and all other conditions precedent are satisfied or waived (where capable of waiver), each OneVue shareholder will receive $0.40 cash per OneVue share held.

The Court also approved the distribution to OneVue shareholders of an explanatory statement providing information about the Scheme, the Independent Expert's Report and notice of the Scheme Meeting (together, the Scheme Booklet).

A further announcement attaching the Scheme Booklet will be released to the ASX and the Scheme Booklet will subsequently be made available to OneVue shareholders following registration of the Scheme Booklet with the Australian Securities and Investments Commission.

This announcement was authorised for release to the market by the Board of OneVue Holdings Limited.

For further information, please contact:

Connie Mckeage

Ashley Fenton

Managing Director Chief Financial Officer +61 403 609 965 +61 2 8823 2550

About OneVue Holdings Limited (ASX: OVH)

OneVue is an ASX listed high growth technology business with service leveraged to the superannuation sector. The business operates through two core divisions: Fund Services, and Platform Services.

OneVue is number 1 in Fund Services managed fund administration and number 3 in Superannuation Member Administration. Platform Services was recognised in Investment Trends’ December 2017 Platform Competitive Analysis and Benchmarking Report as ranking third in full function platforms, the winner of ‘Most New Developments’ Award for the second year running and winner of ‘Product Offering’ Award. In 2017 and 2018.

For further information, visit onevue.com.au

OneVue Holdings Limited | ABN 15 108 221 870 | Level 5, 10 Spring Street, Sydney NSW 2000 P: 1300 219 787 | E: enquiries@onevue.com.au

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