Adapteo Plc Regulatory press release  19 August 2021 at 16:45 CEST

Adapteo Plc (the "Company") has received on 19 August 2021 the following notification pursuant to Chapter 9, Section 5 of the Securities Markets Act (the "SMA") from Palace Bidco Oy.

According to the notification, the holding of Palace Bidco Oy in the Company's shares and votes has exceeded the threshold of ninety (90) per cent on 18 August 2021. According to the notification, the reason for the notification was an acquisition of shares or voting rights.

Total position of Palace Bidco Oy in the Company according to the notification:

% of % of shares Total of Total number of shares
shares and voting both in % and voting rights of
and rights issuer
voting through
rights financial
instruments
Resulting 94.18% 0% 94.18% 49 124 722
situation on the
date on
which threshold
was crossed or
reached
Position of
previous
notification
(if applicable)

Notified details of the resulting situation on the date on which the threshold was crossed:

Shares and voting rights

Number % of shares and voting rights
of
shares
and
voting
rights
Class / type Direct Indirect Direct Indirect
of shares (SMA (SMA 9:6 and 9:7) (SMA 9:5) (SMA 9:6 and 9:7)
9:5)
FI4000383898 46 236 94.18%
244
SUBTOTAL A 46 236 94.18%
244

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entity:

Name % of shares % of shares and voting rights Total of both
and voting through financial instruments
rights
Palace Bidco 100% 100%
Oy is
controlled
by The
Goldman
Sachs Group,
Inc. as
described
below in
"Additional
information"

Additional information:

Palace Bidco Oy is controlled by The Goldman Sachs Group, Inc. through its
indirectly wholly owned subsidiaries West Street Infrastructure Advisors IV,
L.L.C. as general partner of the constituent funds of West Street
Infrastructure Partners IV, and Goldman Sachs & Co. LLC as manager of the
other entities holding an indirect interest in Palace Bidco Oy.The full chain
of controlled undertakings between The Goldman Sachs Group, Inc. and Palace
Bidco Oy is as follows:The Goldman Sachs Group, Inc.
West Street Infrastructure Advisors IV, L.L.C.
West Street Global Infrastructure Partners IV, L.P.
West Street Global Infrastructure Partners IV, S.à r.l.
WSIP IV Aggregator S.à r.l.
Goldman Sachs & Co. LLC
Palace Co-Invest, SLP
West Street Private Markets 2021, LP
WSIP IV Palace Holdco 1 S.à r.l.
Palace Topco S.à r.l.
Palace Holdco S.à r.l.
Palace Bidco Oy