The Konekt Board declared a fully franked Special Dividend of up to $0.05 per Konekt Share, with the Scheme Consideration of $0.49 per Konekt Share to be reduced by the Special Dividend amount. The fully franked Special Dividend is expected to be paid shortly prior to implementation of the Scheme. If the Special Dividend is not paid, but the Scheme is implemented, the Scheme Consideration of $0.49 per Konekt Share will not be reduced. In the event that the Scheme does not become effective, the Special Dividend will not be paid. Konekt Shareholders registered as at 19 September 2019 will continue to receive the $0.01 per share fully franked FY2019 dividend that is payable on 29 November 2019. This is independent of and will not reduce the Scheme Consideration that is payable under the Scheme.