Process deed with MAM following indicative proposal

Qube Holdings Limited (ASX:QUB) (“Qube”) announces that Macquarie Asset Management (including on behalf of its managed funds and clients) (“MAM”) has submitted a conditional, non-binding and indicative proposal (the “Proposal”) to acquire all of the shares on issue of Qube for consideration of $5.20 in cash per share by way of scheme of arrangement (the “Potential Transaction”). On 23 November 202