On a corporate action affecting ordinary shares of Vista Outdoor Inc. (VSTO)

On October 4, 2024, Vista Outdoor Inc. signed an amended merger agreement with Czechoslovak Group a.s. under which Czechoslovak Group a.s. will acquire Vista Outdoor Inc. Vista Outdoor Inc. stockholders will receive $25.75 in cash for each share of Vista Outdoor Inc. that they own. Concurrently, there will be a separation of Vista Outdoor segment from Vista Outdoor Inc. that will be transferred to Revelyst, Inc. As a result of this separation, Vista Outdoor Inc. shareholders will receive one share of Revelyst, Inc. for each share of Vista Outdoor Inc. that they own. Both transactions are expected to close by the end of 2024 if they are approved by stockholders on the special meeting of stockholders to be held on November 25, 2024. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.