Tait Makes the Formal Takeover Offer

19th June 2025 Tait Makes the Formal Takeover Offer Vital Limited (the Company or VTL) advises that Tait International Limited (Tait) has today made a formal offer to acquire all the equity securities in VTL, being ordinary shares and options issued to employees, by sending the offer document to shareholders and option holders. Tait’s offer is open for acceptance until 11.59pm on 18 July 2025, unless the offer period is extended by Tait in accordance with the Takeover Code. The VTL Board will issue a Target Company Statement, which will include an Independent Adviser’s Report prepared by Grant Samuel and a formal Board recommendation on the actions VTL shareholders should take, by 4 July 2025. The VTL Board advises shareholders to not take any action in respect of Tait’s takeover offer until they receive the Target Company Statement. A copy of the offer document is attached. ENDS For investor relations enquiries, please contact John McMahon, Vital Chairman on john.mcmahon@auroinvest.com or 021 0914 0236 For media enquiries, please contact Hugo Shanahan on hugo@shanahan.nz or 027 511 1561