Takeover Offer / Target company: PSI Software SE; Bidder: Zest Bidco GmbH

EQS-WpÜG: Zest Bidco GmbH / Takeover Offer Takeover Offer / Target company: PSI Software SE; Bidder: Zest Bidco GmbH 13.10.2025 / 02:15 CET/CEST Dissemination of an announcement according to the German Securities Acquisition and Takeover Act (WpÜG), transmitted by EQS News - a service of EQS Group. The bidder is solely responsible for the content of this announcement. Announcement of the decision to make a voluntary public takeover offer (freiwilliges öffentliches Übernahmeangebot) pursuant to Section 10 paras. 1 and 3 in connection with Sections 29 para. 1 and 34 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs‑ und Übernahmegesetz)

Bidder:

Zest Bidco GmbH
c/o Katharina Klein
An der Rödlerwies 4
66740 Saarlouis
Germany

registered with the commercial register (Handelsregister) of the local court (Amtsgericht) of Munich, Germany, under HRB 304333

 

Target:

PSI Software SE
Dircksenstraße 42-44
10178 Berlin
Germany

 

registered with the commercial register (Handelsregister) of the local court (Amtsgericht) of Charlottenburg, Germany, under HRB 255242

WKN A0Z1JH / ISIN DE000A0Z1JH9

 

Today, Zest Bidco GmbH ("Bidder"), a holding company indirectly controlled by funds managed by Warburg Pincus LLC (together "Warburg Pincus"), decided to make a voluntary public takeover offer  to the shareholders of PSI Software SE ("Company") for the acquisition of all no‑par value registered shares (auf den Namen lautende Stückaktien) in the Company (ISIN DE000A0Z1JH9) ("PSI Shares"), each such share representing a proportionate amount of EUR 2.56 in the share capital of the Company, which are not directly held by the Bidder ("Offer") against payment of a cash offer price of EUR 45.00 per PSI Share ("Offer Price"). The Offer will be subject to a minimum acceptance threshold of 50% plus one share of all issued PSI Shares, and customary antitrust and foreign investment control clearances.