READCLOUD LIMITED — Board/Management Information 2025

Feb 11, 2025

ASX Release

12 February 2025

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Director Resignation

ReadCloud Limited (ASX:RCL) (“ ReadCloud ” or the “ Company ”) announces that Mr Darren Hunter will retire from the Board of Directors with effect at the conclusion of the Annual General Meeting on 12 February 2025. Darren will continue in his executive role as the Company’s Chief Technology Officer, responsible for driving the development of ReadCloud’s technology platform to evolve with customer needs and scale the business and ensuring ReadCloud maintains its technological leadership in digital education solutions.

Darren has been integral to ReadCloud's development and success since joining the company in May 2015, playing a crucial role in setting strategic direction, developing our proprietary digital education platform and driving our technological innovation. Darren has served as a Director continuously since 2017, including during the Company's ASX listing in 2018. Darren has been instrumental in integrating the Company’s acquisitions and consolidating IT systems. Darren was also called upon to serve as CEO for a period, where his leadership skills and strategic insights came to the fore.

ReadCloud’s Chairman, Cristiano Nicolli said: "The Board thanks Darren for his valuable contribution as a Director. He has been a strong advocate of the role of technology as a platform and his knowledge in the education sector has added significant value to the business. We are pleased that ReadCloud will continue to benefit from his technology leadership and deep industry experience in his continuing executive role."

This announcement is authorised for release to the market by the Board of Directors of ReadCloud Limited.

CONTACT: Investors & Media: Luke Murphy, Chief Financial Officer +61 409 933 924

About ReadCloud Limited

ReadCloud is a leading provider of eLearning software solutions and training supporting schools and educational institutions.

ReadCloud’s eReader platform creates an engaging and collaborative learning environment with seamless access to dynamic, interactive digital content from leading publishers. Teachers and students benefit from social annotations, media-rich embedding options, cross-platform compatibility, and an engaging text-to-speech feature available in 120 languages.

Readcloud Limited | 126 Church Street, Brighton, Victoria, 3186 P +61 3 9692 7222 | W www.readcloud.com ABN 44 136 815 891

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ReadCloudVET enables the delivery of 50 qualifications to 15,000 learners across three specialist Registered Training Organisations (RTOs) in Vocational Education and Training Delivered to Secondary School Students.

ReadCloud’s strong connection to industry and career pathways extends to Southern Solutions Training Services, an RTO specialising in flexible and blended training models including delivery in a genuine workplace environment for qualifications in Early Childhood Education and Care, Business, Aged Care, Hospitality, Logistics and Real Estate.

Readcloud Limited | 126 Church Street, Brighton, Victoria, 3186 P +61 3 9692 7222 | W www.readcloud.com ABN 44 136 815 891