SoftwareOne takes note of the dissolution of the agreement between the shareholder group and Bain Capital to pursue a public takeover offer

SoftwareONE Holding AG / Key word(s): Miscellaneous/Miscellaneous SoftwareOne takes note of the dissolution of the agreement between the shareholder group and Bain Capital to pursue a public takeover offer 05-March-2024 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Media Release – Ad hoc announcement pursuant to Art. 53 LR

SoftwareOne takes note of the dissolution of the agreement between the shareholder group and Bain Capital to pursue a public takeover offer

Stans, Switzerland, 5 March 2024 – SoftwareOne Holding AG, a leading global software and cloud solutions provider, takes note of the dissolution of the agreement among Bain Capital and the shareholders von Stockar, Curti and Gilli entered into last year with the aim of pursuing an offer for the acquisition of SoftwareOne.

SoftwareOne welcomes the transparency provided by the shareholder group and Bain Capital and that Bain declared that there exist no prospects for a transaction. Furthermore, they declared that Bain Capital has no entitlement whatsoever to the shares or voting rights of the shareholder group.

SoftwareOne appreciates that the shareholders will be able to make their decisions at the upcoming Annual General Meeting on 18 April 2024 taking into account these clarifying circumstances and the fact that, as expected, a purchase offer for SoftwareOne in the near future is unlikely.

 

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ABOUT SOFTWAREONE

SoftwareOne is a leading global software and cloud solutions provider that is redefining how organizations build, buy and manage everything in the cloud. By helping clients to migrate and modernize their workloads and applications – and in parallel, to navigate and optimise the resulting software and cloud changes – SoftwareOne unlocks the value of technology. The company's ~9,300 employees are driven to deliver a portfolio of 7,500 software brands with a presence in over 60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange under the ticker symbol SWON. Visit us at www.softwareone.com