Ann: Completion of ALC Group acquisition by Tesserent Academy, page-19

https://www.themandarin.com.au/215192-oneil-demands-aps-be-a-cyber-exemplar/?utm_campaign=TheJuice&utm_medium=email&utm_source=newsletter

In terms of ACL acquisition see above.

There is determined need for the Australian Public Service (APS) to be proactive interms of cyber security. TNT is now well placed to deliver a needed service. ACL is accredited with peak body Australian Information Security Association for cyber security professionals and includes corporate partners like Boeing, NAB, Peoples Choice banking, Fujitsu, Monash Uni, RMIT, Octec Limited, Telstra, Deakin uni, IFM Investors, Datacom and others. ACL has an extensive suite of training courses, which the APS requires.

The reference to a Turnover of $500M is a TNT aspirational goal set by the Board for FY26 for the company. TNT Board has given an undertaking to update SH's on its business modelling and forecasts. At this stage they may well be lining up the ducks for future announcements.

This could be an exciting period for all.