Pacific Smiles Enters Into A Scheme Implementation Deed With NDC

Pacific Smiles Group Ltd PPSQ:

• PSQ ENTERS INTO A SCHEME IMPLEMENTATION DEED WITH NDC

• SCHEME OF ARRANGEMENT FOR CASH CONSIDERATION OF A$1.90 CASH PER SHARE

• WILL HAVE DISCRETION TO PAY SHAREHOLDERS A FULLY FRANKED DIVIDEND OF UP TO A MAXIMUM OF 12 AU CENTS PER SHARE

• PACIFIC SMILES BOARD UNANIMOUSLY RECOMMENDS SCHEME

• WILL HAVE DISCRETION TO PAY SHAREHOLDERS A FULLY FRANKED DIVIDEND OF UP TO A MAXIMUM OF 12 AU CENTS PER SHARE

• OFFER REPRESENTS EQUITY VALUE OF A$303M BASED ON ORDINARY SHARES OUTSTANDING.