Healthshare Pty Ltd. entered into a binding agreement to acquire MyHealth1st from 1st Group Limited (ASX:1ST) for AUD 1.3 million on April 21, 2023. The Transaction includes the sale of Assets, Client Agreements, Supplier Agreements, Intellectual Property, Goodwill, Business Names and Domain Names to HealthShare. The proceeds from the Transaction will provide further capital to support the ongoing growth of our diagnostic Telehealth product, Visionflex. Both parties have completed due diligence, with the completion of the Transaction not subject to any further material conditions. The transaction is expected to complete on May 31, 2023. As of June 22, 2023, the transaction is expected to complete on June 30, 2023.

Healthshare Pty Ltd. completed the acquisition of MyHealth1st from 1st Group Limited (ASX:1ST) on June 30, 2023. The remaining portion of the purchase price (Final Payment) is payable in cash before August 31, 2023.