Success of Godefroy and Stanislas de Bentzmann tender offer on Devoteam’s shares, with the support of KKR

02 December 2020

Devoteam’s founders, as well as KKR, are pleased of the positive results of the tender offer initiated by the company named ‘Castillon’ on the Devoteam’s shares (the Offer), as published by the French financial market authority (Autorité des marches financiers – AMF).

Results of the Offer

4,097,907 Devoteam’s shares have been tendered to the Offer: following the completion of the mergers and contributions in kind on the Devoteam’s shares held by Godefroy and Stanislas de Bentzmann and by Tabag, controlled by Yves de Talhouet, the company Castillon will hold 6,032,356 Devoteam’s shares, representing 72.40% of the share capital and at least 62.53% of the voting rights.

The result notice published by the AMF is available on the AMF website (www.amf-france.org).

Reopening of the Offer

In accordance with the provisions of Article 232-4 of the AMF general regulation, the Offer will be reopened from December 3, 2020 to December 16, 2020 (included), at the same price, i.e. €98 per share, to allow the shareholders who did not tender their shares to do so.

Availability of documents relating to the Offer

Castillon’s offer document and Devoteam’s response document, as approved by the AMF on October​r 13, 2020 under visa no. 20-504 and visa no. 20-505 respectively, as well as documents relating to the other information of each company, are available on the AMF website (www.amf-france.org), and on the Devoteam website (https://www.devoteam.com/investors/tender-offer/). These documents can be obtained free of charge from Devoteam (73 rue Anatole France, 92300 Levallois-Perret, France).

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Important information

This press release is disseminated for information purposes only and does not constitute an offer to purchase, or a solicitation of an offer to sell, any securities of Devoteam.

Investors and shareholders are strongly advised to read the documentation relating to the tender offer, which contains the terms and conditions of the tender offer, as well as, as the case may be, any amendments and supplements to those documents as they will contain important information about Castillon, Devoteam and the tender offer.

This press release must not be published, broadcast or distributed, directly or indirectly, in any country in which the distribution of this information is subject to legal restrictions. The tender offer is not open to the public in jurisdictions in which its launch is subject to legal restrictions.

The publication, broadcasting or distribution of this press release in certain countries may be subject to legal or regulatory restrictions. Therefore, persons located in countries where this press release is published, broadcast or distributed must inform themselves about and comply with such restrictions. Castillon and Devoteam disclaim any responsibility for any violation of such restrictions.

About Devoteam

Devoteam delivers technology consulting for businesses. As a pure player for Digital Transformation of leading organizations across EMEA, its 7,600 professionals are dedicated to ensuring clients win their digital battles. With a unique transformation DNA, Devoteam connects business and technology. Present in 18 countries in Europe and the Middle East, and drawing on more than 25 years of experience, Devoteam shapes Technology for People and creates value for its clients, its partners and its employees. Devoteam achieved revenues of €761.9 millions in 2019.

About KKR

KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, credit and real assets, with strategic partners that manage hedge funds. KKR aims to generate attractive investment returns for its fund investors by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business. References to KKR’s investments may include the activities of its sponsored funds.

For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.comand on Twitter @KKR_Co.

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