DGAP-News

Tele Columbus AG: Successful settlement of the takeover offer for Tele Columbus

DGAP-News: Tele Columbus AG / Key word(s): Offer/AGM/EGM Tele Columbus AG: Successful settlement of the takeover offer for Tele Columbus 19.04.2021 / 17:00 The issuer is solely responsible for the content of this announcement. PRESS RELEASE

Public takeover offer by Kublai GmbH

Successful settlement of the takeover offer for Tele Columbus

- Takeover offer by Kublai GmbH with payment to Tele Columbus
shareholders settled today

- New Supervisory Board to be elected at Annual General Meeting on May 28, 2021; Supervisory Board to be enlarged to eight members

- The rights offering guaranteed by Kublai in the amount of EUR 475 million is expected to start in a timely manner

Berlin, 19 April 2021. Tele Columbus AG (ISIN: DE000TCAG172, WKN: TCAG17), one of Germany's leading fiber network operators, announces that the takeover offer of Kublai GmbH, backed by Morgan Stanley Infrastructure Partners, has been settled today. Kublai has paid the offer price for the tendered shares to the shareholders of Tele Columbus. As part of the settlement of the offer, United Internet contributed its stake to Kublai. As a result, Kublai now holds a 91.96 percent stake in Tele Columbus.

Kublai has announced that it will appoint new members for election to the Supervisory Board after the settlement of the offer in order to be represented according to the size of its shareholding. In the course of this, Kublai intents to enlarge the Supervisory Board from six to eight members. The new members proposed by Kublai are to be elected at the Tele Columbus' next Annual General Meeting, which is scheduled for May 28, 2021.

Kublai nominates the following candidates for the election of the Supervisory Board on May 28, 2021:

- Mrs Dr Claudia Borgas-Herold (*1963, Managing Director borgas advisory GmbH, German)

- Mr Ralph Dommermuth (*1963, CEO United Internet AG, German)

- Mr Joachim Grendel (*1965, Consultant, German)

- Mr Martin Mildner (*1970, CFO United Internet AG, German)

- Mr Marc Van't Noordende (*1958, Managing Director Kublai GmbH & Operating Partner Morgan Stanley Infrastructure Partners, Dutch)

- Mr Christoph Oppenauer (*1984, Managing Director Kublai GmbH & Asset Management Officer for Infrastructure Investments at Morgan Stanley Infrastructure Partners, German)