Keypath Education International, Inc. (ASX:KED) Special Meeting Results

Keypath Education International, Inc. (ASX:KED) announces the overwhelming support received for the Merger proposal at the Special Meeting of Stockholders held on September 5, 2024. The proposal to adopt the Agreement and Plan of Merger dated May 23, 2024, received 99.8% of the votes cast, with 187,760,427 shares voting in favor, representing over 99% of those cast by unaffiliated stockholders.

Executive Commentary on Merger Approval

The overwhelming support from our stockholders for the Merger proposal is a clear indication of their confidence in the strategic direction of Keypath Education International, Inc. This approval paves the way for us to move towards the completion of the Merger, subject to the satisfaction and, to the extent permitted, waiver of the other closing conditions under the Merger Agreement.

Summary of Special Meeting Results and Future Outlook

The Special Meeting of Stockholders has resulted in the approval of the Merger proposal with an exceptional majority, reflecting the strong support from the Company's stockholders. Following this approval, Keypath Education International, Inc. has applied for the immediate suspension of its CDIs from trading on the ASX. The Company anticipates that the suspension will be granted and implemented shortly, leading to no further trading of Keypath CDIs on the ASX. Looking ahead, the Company aims to progress towards the completion of the Merger, aligning with its strategic goals and aspirations for future growth and development.