SVT: Update on transaction with The Agency Group

ASX Announcement
1 February 2018

          Update on transaction with The Agency Group Australia Ltd
ServTech Global Holdings Limited (ASX: SVT) (‘ServTech’ or ‘the Company’) refers to its announcement of 14
December 2017 “ServTech Refocused to Technology with ~$1M Divestment”. In this announcement, the
Company advised that it has entered into a binding term sheet agreement (‘The Agency Agreement’) with
integrated real estate and financial services company The Agency Group Australia Ltd (ASX: AU1, ‘The Agency’).

Per the terms of The Agency Agreement, The Agency is to acquire ServTech subsidiaries Sell Lease Property
Pty Ltd (real estate agency); Complete Settlements Pty Ltd (conveyancing business) and Value Finance Pty Ltd
(mortgage broking business) for maximum consideration of $950,000 in cash (the ‘Acquisition’).

Settlement of the Acquisition was expected to occur on 1 February 2018. The Company advises that it has
agreed to extend the settlement date for the Acquisition from 1 February 2018 to 14 February 2018 in order
for all of the conditions precedent to the Acquisition to be satisfied prior to settlement. The Company has
accepted a $100,000 initial deposit of the consideration from The Agency in lieu of granting this extension.

                                                    ENDS
 Further information:
 Bert Mondello
 Chairman
 ServTech Global Holdings Limited
 Tel: +618 6380 2555

Efficient Services Effective Technology                                          www.servtechglobal.com.au