NSW Court approves convening of Scheme Meetings and dispatch of Scheme Booklet

ELMO Software Limited (ASX: ELO) has provided an update related to proposed acquisition of all the issued shares on ELMO by Cookie Monster AcquireCo Pty Ltd, which is an entity controlled by K1 Investment Management, LLC via scheme of arrangement.

The Company confirmed that the Supreme Court of New South Wales made orders approving:

• The convening of the two meetings of ELMO shareholders to consider and vote

on the Scheme.

• Dispatch of an illustrative statement providing data regarding Scheme as well as the notice of each Scheme Meeting to the shareholders.

The Scheme Booklet will be released to the ASX post the registration with the ASIC, which is anticipated to happen later today. It will also be there on the Company’s investor website.

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