Schrole Group announced that its software integration with Eteach is complete and in market, providing Schrole customers with direct access to Eteach's 2 million UK-based educators. Schrole has previously announced that it has entered into a strategic distribution partnership with UK-based Eteach. See ASX release, "New Strategic Distribution Partnership" dated 30 June 2022.

Schrole's software team has completed Schrole's API integration into Eteach's online job advertising board. Schrole's international school customers can now post job advertisements directly from the Schrole Connect platform into the Eteach job board for an additional charge. Schrole will receive a margin of this advertising revenue.

The contract contains standard termination terms. The Eteach distribution agreement positions Schrole for further growth with international schools customers utilising a UK curriculum. This represents 53% of the total international schools market of more than 13,000 schools. Jobs advertised to the Eteach job board by Schrole's customers will deliver additional revenue of approximately USD 700 per advertisement.

Schrole is currently rolling out a new sales and marketing strategy to target this market segment. Schrole receives a margin for each advertisement sold, and while the overall revenue cannot be estimated at present, the ability to sell to more than 6500 UK curriculum international schools and 2 million UK based educators is material to the Company as it will provide additional revenue.