Bigtincan Holdings Limited (ASX BTH) (“Bigtincan”, the...

Bigtincan Holdings Limited (ASX BTH) (“Bigtincan”, the “Company”) announced in the first quarter of 2023 that it has engaged Morgan Stanley Australia Limited as its financial advisor to assist Bigtincan with the management and evaluation of inbound inquiries and expressions of interest regarding any potential control transactions. In response to recent media speculation Bigtincan confirms that, since that announcement, it has received a confidential, non-binding, incomplete and indicative offer from Siris Capital Group, LLC (“Siris”) at an indicative offer price of $0.80 per share (the “Siris Proposal”). Bigtincan’s independent board committee (“IBC”) does not consider it to be in the best interests of shareholders to progress that Siris Proposal at this time. Bigtincan has received other confidential approaches since that announcement.

The IBC will, with the assistance of its financial and legal advisers, continue to carefully consider any proposals that maximise shareholder value and continue to ensure it remains in compliance with its confidentiality and continuous disclosure obligations.

There is no certainty that any such proposals will lead to a transaction.