ADH Acquisition of Focus on Furniture Presentation

Transaction overview Adairs has agreed to purchase Focus on Furniture, a vertically integrated omni-channel furniture designer and retailer operating in Australia. Notes: 1. Based on Adairs assessment of Focus’ FY23 contribution and current Adairs Group FY23 business plan (pre-AASB 16 adjustments). Focus overview Focus is a vertically integrated, omni-channel furniture and bedding retailer targeti