EQS-Adhoc

SARTORIUS AG: Sartorius launches placement of up to 200 million euros of treasury preference shares through accelerated bookbuilding - Seite 2

The Placement Preference Shares will be offered for purchase exclusively to institutional investors in a private placement by way of an accelerated bookbuilding process, which will commence immediately after publication of this notification. The final number of preference shares to be sold, the placement price and the final gross proceeds are expected to be determined and announced following the conclusion of the accelerated bookbuilding process no later than the start of trading on the Frankfurt Stock Exchange on or around February 7, 2024.

Upon closing of the Treasury Share Placement, Sartorius will be subject to a lock-up, i.e., obligated for a period of 90 days not to, among others, sell further shares or financial instruments convertible into shares or to conduct a capital increase, subject to market standard exceptions.

Delivery of the Placement Preference Shares is expected on or around February 9, 2024.

Use of proceeds

The net proceeds of the Treasury Share Placement are intended to accelerate the Sartorius group’s debt deleveraging beyond strong internal cash generation and strengthen its overall strategic flexibility.

SSB Capital Increase

Separately, Sartorius’ French listed subgroup Sartorius Stedim Biotech S.A. (“SSB”) has informed Sartorius of its intention to raise capital by offering approximately 1.2 billion euros of new SSB shares via an accelerated bookbuilding process (the “SSB Capital Increase”).

Intention to invest in SSB Capital Increase

Sartorius intends to participate in the SSB Capital Increase by placing an order for an amount in cash representing approximately one third of the SSB Capital increase, corresponding to approximately 400 million euros on a basis of a SSB Capital Increase of 1.2 billion euros, at the placement price of the SSB Capital Increase without concurring to the formation of such price. The final number of new shares purchased by Sartorius will depend on the final allocation resulting from the bookbuilding process that will be determined in accordance with standard principles for this type of transaction.