MYSTATE LIMITED — M&A Activity 2025

Jan 23, 2025

24 January 2025

Notice of Second Court Hearing

Auswide Bank Ltd (ASX: ABA) ( Auswide or the Company ) provides the following update in relation to the proposal for MyState Bank Limited (a wholly owned subsidiary of MyState Limited (ASX:MYS)) to acquire 100% of the fully paid ordinary shares in Auswide by way of a scheme of arrangement ( Scheme ).

Subject to Auswide shareholders approving the Scheme by the requisite majorities at the scheme meeting scheduled to be held at 11.00am (AEDT) (10.00am Queensland time) on Monday, 3 February 2025, the Supreme Court of New South Wales (at Law Courts Building, 184 Phillip Street, Sydney NSW 2000) will hear an application by Auswide to approve the Scheme ( Second Court Hearing ). The Second Court Hearing is scheduled to take place at 9.15am (AEDT) (8.15am Queensland time) on Friday, 7 February 2025.

If you wish to oppose approval of the Scheme by the Court at the Second Court Hearing, you must file and serve on Auswide a notice of appearance, in the prescribed form, together with any affidavit on which you wish to rely at the hearing. The notice of appearance and affidavit must be served on Auswide at its address for service at least 1 day before the Second Court Hearing. The address for service of Auswide is King & Wood Mallesons, Level 61, Governor Phillip Tower, 1 Farrer Place, Sydney NSW 2000 (Attention: Alexander Morris).

Further information

For more information, please refer to the Scheme Booklet. If you have any questions regarding the Scheme, you should contact the Auswide Shareholder Information Line on 1300 271 819 (within Australia) or +61 3 9415 4812 (outside Australia) on Monday to Friday (excluding public holidays in Australia) between 8.30am and 5.00pm (AEDT) until 28 February 2025 or visit https://events.miraqle.com/auswide-scheme.

This announcement has been authorised by the Company Secretary.

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Doug Snell Managing Director +61 0414 887 659 dnsell@auswidebank.com.au

Bill Schafer BCom CA Chief Financial Officer and Company Secretary +61 7 4150 4075 bschafer@auswidebank.com.au

About Auswide Bank Ltd

Auswide Bank became Australia’s tenth and Queensland’s third Australian owned bank, listed and trading on the ASX, on April 1, 2015. The company had operated as a building society since 1966.

Auswide Bank has an Australian Credit Licence and an Australian Financial Services Licence issued by ASIC and is an Authorised Deposit-taking Institution prudentially supervised by the Australian Prudential Regulation Authority.

Auswide Bank offers Australians an extensive range of personal and business banking products and services issued directly or in partnership with leading service providers via an omni-channel distribution strategy which includes branches, strategic relationships and online and digital channels.