IMB Ltd advises that the Deemed Market Value for the Off-Market Buyback of IMB Shares is $2.74. The final Buyback Price will be determined by applying the Buyback Discount of between 0% and 5% (at increments of 1%) to the Deemed Market Value. On this basis, the tender discounts are equivalent to the following tender prices (rounded to the nearest cent):
The Deemed Market Value has been calculated as the volume weighted average price (“VWAP”) of IMB Shares traded on the IMB Market over the 10 days on which Shares traded prior to the announcement of the Buyback on 27 August 2025 adjusted for the movement in the S&P/ASX 200 index from the date of the announcement of the Buyback to the Closing Date, being today. The VWAP was $2.73 and the S&P/ASX 200 index has increased by 0.4% from 8,961.2 on 27 August 2025 to 8,995.3 on 17 October 2025.
The results of the Buyback, including the actual Buyback Price and any scale back are expected to be announced on Wednesday 29 October 2025.
Further information about the Buyback can be found on IMB’s website at www.imb.com.au/buyback or in the Buyback Booklet which was mailed to shareholders. Shareholders may also call the Buyback information line on 1800 414 212 from within Australia or 61 2 8067 9200 from outside Australia between the hours of 9.00am to 5.00pm (Sydney time), Monday to Friday.
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