Why Is BirdDog Offering a 126% Premium Buy-Back Before Delisting?

• Off-market buy-back at A$0.07 per share, over double recent market prices
• Buy-back voluntary and open to all eligible shareholders as of 29 July 2025
• Maximum buy-back of approximately 60.45% of shares due to key executives opting out
• Potential increase in voting power for major shareholders Dan Miall and Barry Calnon