24 April 2023

Public disclosure of inside information according to article 17 MAR

Software AG enters into Investment Agreement with Silver Lake to support long-term growth, Blitz 22-449 SE announces its intention to launch a voluntary public tender offer

Software AG (the “Company”; Frankfurt TecDAX®: ISIN DE000A2GS401) has today signed an investment agreement with Blitz 22-449 SE (the “Investor”), a holding company controlled by funds managed or advised by Silver Lake Technology Management, L.L.C. (“Silver Lake”), to deepen its existing strategic partnership with Silver Lake and support the long-term growth and strategic objectives of the Company.

Concurrently, Blitz 22-449 SE has announced its intention to launch a voluntary public tender Offer (the “Offer”) at an Offer price of €30.00 per share in cash for all outstanding shares of Software AG (the “Offer Price”). Such Offer Price would represent a premium of 53 percent to the XETRA closing price of Software AG shares on 20 April 2023 and a premium of 48 percent to the three-month volume-weighted average share price. It would imply an equity value of Software AG of approximately €2.2 billion.

More, Source: Company’s Disclosure