Exclusive Networks: Ordinary General Shareholders’ Meeting of October 31, 2024

31 Oct 2024 18:05 CET

Regulatory News:

The Ordinary General Shareholders’ Meeting of Exclusive Networks SA (Paris:EXN) was held on October 31, 2024, under the chairmanship of Mr. Jesper Trolle, Chief Executive Officer of the Company, duly appointed by the Board of Directors, at the Company’s registered office, 20, Quai du Point du Jour, Boulogne-Billancourt, 92100, France and was broadcasted live, both in French and in English. The General Shareholders’ Meeting gathered a large quorum of 88.78 %.

The shareholders approved the resolution relating to the Exceptional Distribution of a total amount of EUR 484,935,812.94 allocated with priority to “Other Reserves” until depletion (i.e., EUR 53,676,521.01 corresponding to circa EUR 0.59 per share on the basis of 91,670,286 shares making up the share capital as at June 30,2024) and the residual amount to “Share Premium” (i.e., EUR 431,259,291.93 corresponding to circa EUR 4.70 per share on the basis of 91,670,286 shares making up the share capital as at June 30, 2024).

The voting results and the Ordinary General Meeting webcast will be available on the Company’s website https://ir.exclusive-networks.com/agm/ordinary-general-meeting/ in the coming days.

As described in the press release issued by the Company on July 24, 2024, the Exceptional Distribution will be paid after the satisfaction of the condition precedents linked to the regulatory approvals in connection with the acquisition of Exclusive Networks SA by a consortium composed of Clayton Dubilier & Rice and Everest UK Holdco.

Subject to the completion of the condition precedents, the ex-date and payment of the Exceptional Distribution will be set before the date of completion of the block acquisition and the filing of the tender offer to be initiated by the consortium.

About Exclusive Networks

Exclusive Networks (EXN) is a global cybersecurity specialist that provides partners and end-customers with a wide range of services and product portfolios via proven routes to market. With offices in over 45 countries and the ability to serve customers in over 170 countries, we combine a local perspective with the scale and delivery of a single global organisation.

Our best-in-class vendor portfolio is carefully curated with all leading industry players. Our services range from managed security to specialist technical accreditation and training and capitalize on rapidly evolving technologies and changing business models. For more information visit www.exclusive-networks.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241031855809/en/

EXCLUSIVE NETWORKS

Nicolas Leroy
Global Communications Director
ir@exclusive-networks.com

Médias
FTI Consulting
Emily Oliver / Jamie Ricketts
+33 (0)1 47 03 68 19
exclusivenetworks@fticonsulting.com