PointsBet Holdings advises that the Federal Court has today made orders convening a meeting of PointsBet shareholders to consider and vote on the resolution to approve the scheme for the proposed acquisition by MIXI Australia Pty Ltd of all of the shares in PointsBet and approving the despatching of an explanatory statement providing information about the Scheme and the notice of Scheme Meeting toPointsBet shareholders.

The Scheme Booklet attaches a copy of an Independent Expert’s Report which concludes thatin the absence of a superior proposal, the Scheme is fair and reasonable and is in the best interests of PointsBet shareholders.

The PointsBet Directors unanimously recommend that PointsBet shareholders vote in favour of the Scheme in the absence of a superior proposal, and subject to the Independent Expert continuing to conclude that the Scheme is in the best interests of PointsBet shareholders.

If PointsBet shareholders approve the Scheme by the requisite majorities at the SchemeMeeting, Second Court Hearing is intended to be held at 10:15am (Melbourne time) on 13 June 2025 for approval of the Scheme by the Court.

Any PointsBet shareholder who wishes to oppose approval of the Scheme at the Second Court Hearing may do so by filing with the Court and serving on PointsBet a notice of appearance in the prescribed form together with any affidavit that the PointsBet shareholder proposes to rely on. It should be addressed to Andrew Hensher, Group General Counsel and Company Secretary, PointsBet Holdings
Limited, Level 2, 165 Cremorne Street, Cremorne, VIC Australia 3121. This announcement has been authorised for release by the Board of Directors.