Court Approves Zurich Scheme to Acquire ClearView

ClearView Wealth Limited (ASX:CVW) announced that the Supreme Court of New South Wales has made orders approving the members' scheme of arrangement under which Zurich Financial Services Australia Limited will acquire all ClearView shares. The proposed acquisition was first announced to the ASX on 24 February 2026. ClearView intends to lodge an office copy of the Court orders with ASIC on Friday, 31 July 2026, at which time the Scheme will become Effective. If the Scheme becomes Effective, ClearView will apply to the ASX for official quotation of, and trading in, ClearView shares to be suspended from the close of trading on Friday, 31 July 2026.

Shareholders registered as at the Special Dividend Record Date, currently expected to be 7:00pm Sydney time on Wednesday, 5 August 2026, will be paid a fully franked special dividend of $0.05 per share on the Special Dividend Payment Date, currently expected to be Wednesday, 12 August 2026. Shareholders registered as at the Scheme Record Date, currently expected to be 7:00pm Sydney time on Thursday, 13 August 2026, will receive Scheme Consideration of A$0.60 in cash per ClearView share, reduced from $0.65 in accordance with the Scheme Implementation Deed as a result of the special dividend. ClearView noted certain shareholders may be able to realise up to $0.0214 of franking credits per share attached to the special dividend, such that the aggregate value may be up to approximately $0.67 per share for those shareholders. The Scheme is expected to be implemented, and consideration sent to Scheme Shareholders, on Thursday, 20 August 2026. All dates in the timetable are indicative only and subject to change.