Tan Nguyen

- Bright Scholar Education Holdings Limited (BEDU) has entered into a definitive Merger Agreement with Excellence Education Investment Limited and Bright Education Mergersub Limited, under which Bright Scholar will become a **wholly owned subsidiary** of Parent.  **[1696355_20251013CN95970:0]** 
- At the effective time of the Merger, each American depository share (ADS) will be cancelled in exchange for **US$2.30 in cash per ADS**, and each Share will be cancelled for **US$0.575 in cash per Share**.  **[1696355_20251013CN95970:0]**  This merger consideration represents a **premium of approximately 47.4%** to the closing price of the ADSs on May 23, 2025.  **[1696355_20251013CN95970:0]** 
- The Merger is currently expected to close in **2025**, after which the Company will become privately held and its ADSs will no longer be listed on The New York Stock Exchange.  **[1696355_20251013CN95970:0]**

Bright Scholar Education Holdings (BEDU)