Ann: Envirosuite to acquire EMS Bruel & Kjaer Holdings Pty Ltd, page-2

Envirosuite Limited (“EVS” or “the Company”) (ASX: EVS) is pleased to announce that it has signed a binding
agreement to acquire all of the share capital of EMS Bruel & Kjaer Holdings Pty Ltd (“EMS”) (“Transaction”). EMS
is a leading global environmental technology group, headquartered in Melbourne, with over 400 customers in 40
countries and approximately 200 staff. EMS specialises in environmental noise and vibration monitoring and is the
recognised market leader in addressing airport noise globally.
The underwritten institutional placement (“Placement”) to new and existing institutional and sophisticated
investors will, on settlement, raise gross proceeds of A$70 million. Bell Potter Securities acted as sole Lead Manager
and Underwriter for the Placement.

The $70m cash component of the Transaction consideration will be funded via the Placement, pursuant to which 350m
EVS shares will be issued to institutional and sophisticated investors at $0.20 per share and which is underwritten by
Bell Potter Securities.
The Company will seek to raise an additional amount of approximately $5.5m via a placement of approximately
27.8m EVS shares at $0.20 per share to institutional and sophisticated investors including directors Hugh Robertson
and Chairman David Johnstone (subject to shareholder approval), members of the EVS management team and their
networks. This placement will be managed by EVS directly (not underwritten) and the proceeds will be used to fund
costs associated with the Transaction.
The Company also today announces a Share Purchase Plan (“SPP”) providing each shareholder the opportunity to
subscribe for up to $30,000 worth of EVS shares at a price of $0.205 per share. The price has been set as close to the
Placement share price as the rules for SPPs allow, being a share price that is no less than 80% of the volume weighted
average price of EVS shares in the 5 trading days leading up to the date of this announcement. The SPP funds will be
provisioned for additional working capital to support the integration and growth of the combined group.