2 July 2025,
SoftwareOne Holding AG (SIX: SWON) ("SoftwareOne"), a leading global software
and cloud solutions provider, today announced the decision to carry out a
compulsory acquisition of the remaining shares in Crayon Group Holding ASA
("Crayon"). 

Reference is made to the stock exchange announcement published by SoftwareOne
Holding AG on 2 July 2025 regarding completion of the recommended voluntary
offer for all shares in Crayon, (the "Offer"). Following settlement of the
Offer, SoftwareOne has acquired and holds a total of 82,200,948 shares in
Crayon, equivalent to approximately 91.77% of the share capital and the voting
rights in Crayon.

The Board of Directors of SoftwareOne has resolved, effective from after close
of trading on Euronext Oslo Børs today, 2 July 2025, to carry out a compulsory
acquisition of all remaining shares in Crayon not owned by SoftwareOne, pursuant
to section 4-25 of the Norwegian Public Limited Liability Companies Act and
section 6-22 of the Norwegian Securities Trading Act. As a consequence,
SoftwareOne has assumed ownership of 100% of the shares in Crayon as of today.
The offered price in the compulsory acquisition is NOK 144.7834, which
corresponds to the offer price in the Offer (the "Redemption Price").

SoftwareOne has obtained a statutory guarantee for the settlement under the
compulsory acquisition in accordance with section 6-22 (3) no. 3 of the
Norwegian Securities Trading Act. Any objections to, or rejection of, the
offered Redemption Price must be received at the latest on 2 September 2025.
Former shareholders of Crayon who do not object to, or reject, the offered
Redemption Price within this deadline will be deemed to have accepted the
offered Redemption Price.

Settlement of the Redemption Price is expected to occur as soon as possible and
no later than 11 July 2025. A notice regarding the compulsory acquisition will
be sent to all former shareholders subject to the compulsory acquisition whose
addresses are known. In addition, the compulsory acquisition will be announced
through the electronic notice service of the Norwegian Register of Business
Enterprises.

As a consequence of the compulsory acquisition, SoftwareOne will pursue a
delisting of Crayon's shares from Euronext Oslo Børs. A separate stock exchange
announcement will be published in this regard.

ABOUT SOFTWAREONE
SoftwareOne is a leading global software and cloud solutions provider that is
redefining how organisations build, buy and manage everything in the cloud. By
helping clients to migrate and modernize their workloads and applications - and
in parallel, to navigate and optimise the resulting software and cloud changes -
SoftwareOne unlocks the value of technology. The company's ~9,000 employees are
driven to deliver a portfolio of 7,500 software brands with a presence in over
60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX
Swiss Exchange under the ticker symbol SWON. Visit us at www.softwareone.com 

SoftwareOne Holding AG, Riedenmatt 4, CH-6370 Stans

ABOUT CRAYON
Headquartered in Oslo, Norway, Crayon operates across 45 countries with a
dedicated team of more than 4,000 professionals. It leads the charge in IT
optimization and innovation as a trusted advisor in strategic software
acquisition, continual IT estate optimization, and maximizing returns on
investments in cloud, data, and AI. Crayon is a customer-centric innovation and
IT services company that creates value for companies to thrive today, and scale
for tomorrow.

Originally focused on software procurement and asset management, Crayon has
evolved to become a trusted advisor in strategic software acquisition, continual
IT estate optimization, and maximising returns on investments in cloud, data,
and AI.

ADVISORS
Jefferies is acting as financial advisor to SoftwareOne. Pareto Securities is
acting as Nordic advisor and receiving agent to SoftwareOne in connection with
the offer. Walder Wyss is acting as legal advisor to SoftwareOne, with Wikborg
Rein advising as to Norwegian law and Freshfields as to regulatory matters. ABG
Sundal Collier and Houlihan Lokey are acting as financial advisors and AGP
Advokater is acting as legal advisor to Crayon.

CONTACT
SoftwareOne 
Anna Engvall, Investor Relations
Tel. +41 44 832 41 37, anna.engvall@softwareone.com 
FGS Global, Media Relations 
Tel. +41 44 562 14 99, press.softwareone@fgsglobal.com 

Crayon 
Kjell Arne Hansen, Investor Relations 
Tel. +47 950 40 372, kjellarne.hansen@crayon.com