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     117  0 Kommentare Extension of Deadline in Accordance with Rule 2.6(c) of the Irish Takeover Rules

    The Board of MariaDB plc (NYSE: MRDB) (“MariaDB” or the “Company”) confirms that the Irish Takeover Panel has consented, at the request of the board of directors of the Company (the "Board") made in accordance with Rule 2.6(c) of the Irish Takeover Rules, to a further 48 hour extension to 5:00 pm (New York time) on April 24, 2024 (the "Further Extended Deadline") of the deadline by which K1 Investment Management LLC ("K1") is to either (i) announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Irish Takeover Rules or (ii) announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies.

    The Board previously obtained an extension of this deadline to 5:00pm (New York time) on Friday, April 12, 2024, which was then further extended to 5:00pm (New York time) on Monday, April 22, 2024 to facilitate ongoing discussions between K1 and certain other key stakeholders and the Company, including relating to certain structural aspects of a possible offer. The Board have requested this additional 48 hour extension to facilitate further negotiations between K1 and those certain other key stakeholders and the Company. The Board understands that the K1 due diligence is substantially completed, negotiations are well progressed and expects that such discussions are capable of being concluded before the Further Extended Deadline.

    The continued discussions may or may not lead to an offer being made for the entire share capital of the Company. There can be no certainty that any offer will be made. A further announcement will be made if and when appropriate.

    In accordance with Rule 2.6(a) of the Irish Takeover Rules, K1 is required, no later than the Further Extended Deadline to either (i) announce a firm intention to make an offer for the Company in accordance with Rule 2.7 of the Irish Takeover Rules or (ii) announce that it does not intend to make an offer for the Company, in which case the announcement will be treated as a statement to which Rule 2.8 of the Irish Takeover Rules applies. The Further Extended Deadline will only be further extended with the consent of the Irish Takeover Panel in accordance with Rule 2.6(c) of the Takeover Rules, at the request of the Company.

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    Extension of Deadline in Accordance with Rule 2.6(c) of the Irish Takeover Rules The Board of MariaDB plc (NYSE: MRDB) (“MariaDB” or the “Company”) confirms that the Irish Takeover Panel has consented, at the request of the board of directors of the Company (the "Board") made in accordance with Rule 2.6(c) of the Irish Takeover …