JANISON EDUCATION GROUP LIMITED — Capital/Financing Update 2021

Jun 30, 2021

ASX Announcement 1 July 2021

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NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES

Janison Share Purchase Plan

Janison Education Group Limited (ASX:JAN) (“ Janison ” or the “ Company ”), is pleased to launch the Share Purchase Plan (SPP) announced by Janison on Thursday, 24 June 2021 which opens today.

Eligible Janison shareholders in Australia, New Zealand and Spain now have the opportunity to apply for up to A$30,000 each of new fully paid ordinary shares in Janison (SPP Shares), free of any brokerage or other transaction costs.

The SPP follows the $15 million placement (Placement) completed by Janison at A$0.82 per share (Placement Price). The issue price of SPP Shares is the same as the Placement Price. The SPP aims to raise up to A$2 million and is not underwritten. Should any scale back be necessary, any scale back arrangements will be applied on a pro rata basis, either based on the size of the eligible shareholder’s existing holding of shares or based on the number of SPP Shares that the eligible shareholder has applied for.

Shareholders are eligible to participate in the SPP if they had a registered address in Australia, New Zealand or Spain on Janison’s register at 7.00pm (Sydney time) on Wednesday, 23 June 2021, and are not in the United States and not acting for the account or benefit of a person in the United States (Eligible Holders).

Participation in the SPP is voluntary. SPP Shares will rank equally with existing Janison shares from their date of issue.

The SPP is subject to the terms and conditions set out in the SPP booklet, which is being sent to Eligible Holders today. Eligible Holders are encouraged to read the SPP booklet carefully, and if in any doubt about whether or not to accept the SPP offer, consult with a financial or other professional adviser. The Board recommends that you obtain your own financial advice in relation to the SPP and consider price movements of shares in Janison prior to electing to participate in the SPP.

Shareholders with questions in relation to how to participate in the SPP may contact the Janison Information Line on 1300 288 664 (within Australia) and +61 2 9698 5414 (outside Australia) between 8.30am and 5.00pm (Sydney time), Monday to Friday.

This announcement has been approved for release by the CFO.

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-ENDS-

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For further information, please contact Stuart Halls at: IR@janison.com

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About Janison

Janison is an education technology pioneer helping to unlock the potential in every learner.

Janison, a multi-award-winning Microsoft education partner, delivers high-stakes, high-scale, online assessments to millions of students in more than 120 countries, for organisations including the Australian federal and state governments, Chartered Accountants ANZ, British Council, the University of London, the Organisation for Economic Co-operation and Development (OECD), and the Singaporean government.

Janison’s business comprises:

Online Assessments

• Products – world-class schools’ assessment products including ICAS, REACH, JET, SCOUT and PISA for Schools, developed either in-house by world-leading test and item developers or licensed from global partners such as the OECD.

• Platform – a market-leading full-suite assessment platform for high-stakes and highscale online exams with the capability to author, test, mark and provide insightful analysis. The platform is used by millions of students globally across 120 countries in schools and professional accreditation bodies such as the Chartered Accountants ANZ. The platform includes remote proctoring capability allowing educators to deliver exams in a remote setting with the confidence and exam integrity required for high-stakes assessments.

• Professional Services – Janison provides world-class professional services to assist clients in onboarding their assessments and students on to the Janison assessment platform. Janison also offers a range of assessment services including content and test development, exam management, and event delivery support for customers globally.

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