Tognum IPO offer price set at EUR 24.00

Together with EQT IV (“EQT”) and the joint book runners, Tognum AG has set the offer price for its IPO at EUR 24 per share. The offering comprised 75.00 million shares plus up to a further 11.25 million shares for over-allotment allocation. Assuming full exercise of the greenshoe, the total offering would be valued at €2,070 million, making Tognum the largest IPO in Germany since 2000.

Marcus Brennecke, Head of EQT Partners in Germany said: “We are very exited about the successful IPO of Tognum. The management and employees of Tognum, led by CEO Volker Heuer, have delivered an outstanding result; they have positioned and expanded the company successfully, and they have used all opportunities to grow sales, earnings and also jobs. Since EQT invested in the company, Tognum has been able to improve its operations, its revenues and profits significantly. EQT supported every growth initiative and will continue to help the company on its course for long-term growth and prosperity. As EQT indirectly remains a shareholder, the Fund will continue to benefit from Tognum’s excellent growth prospects and its ability to translate its strengths into profits.”

The offering was comprised of 11.35 million shares from a capital increase by Tognum AG and a further 63.65 million shares owned indirectly by EQT. The gross proceeds Tognum AG will receive will be approximately EUR 268 million.

Prior to the Offering and capital increase EQT owned approximately 84.1 percent of the share capital. Assuming full exercise of the greenshoe, EQT will continue to indirectly own approximately 19.9 percent of the shares

Trading on the official market (Prime Standard) of the Frankfurt Stock Exchange will commence on Monday 2 July.

Marcus Brennecke, Head of EQT Partners Equity, Germany,
+49 89 25 54 99 0

Johan Hähnel, Communications & PR,
+46 70 605 6334,

This press release or the information contained herein is not being issued and may not be distributed in the United States of America, Canada, Japan or Australia.

This press release is for information purposes only and does not constitute an offer to sell or a solicitation for an offer to buy any securities.

This document is not an offer of securities for sale or a solicitation of an offer to purchase securities in the United States of America (the “Shares”). The shares of Tognum AG (the "Shares") may not be offered or sold in the United States unless registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") or pursuant to an exemption from such registration. The shares will not be registered under the Securities Act.

This document does not constitute an offer of securities to the public in the United Kingdom. This announcement is directed only at persons (i) who are outside the United Kingdom or (ii) who have professional experience in matters relating to investments falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended) (the “Order”) or (iii) who fall within article 49(2)(a) to (d) (“high net worth companies, unincorporated associations etc.”) of the Order (all such persons together being referred to as “Relevant Persons”). Any person who is not a Relevant Person must not act or rely on this communication or any of its contents. Any investment or investment activity to which this communication relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

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