EQS-Adhoc: Nagarro SE ended talks regarding a potential take-private to pursue alternative strategic option

EQS-Ad-hoc: Nagarro SE / Key word(s): Statement Nagarro SE ended talks regarding a potential take-private to pursue alternative strategic option 23-Jan-2025 / 07:48 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. Talks regarding a potential take-private ended Focus on maximising shareholder value by organic and inorganic growth Dividend policy to pay out 10-20% of EBIT every year Share buyback of up to €400 million over the next three years January 23, 2025 - In the ad hoc announcement on 16 October 2024, the Management Board of Nagarro SE confirmed that, in the context of Nagarro SE’s evaluation of strategic options, Nagarro SE was in talks with certain interested parties regarding a potential take-private of Nagarro SE including a public tender offer. Today, as the result of such evaluation of strategic options, the Management Board in alignment with the Supervisory Board of Nagarro SE decided to end these talks regarding a potential take-private to instead focus on maximizing shareholder value by the execution of an independent organic and inorganic growth strategy including efficiency enhancements, accompanied by the intention to buy back shares in the value of up to €400 million over the next three years, and the intention to pursue a sustainable dividend policy of distributing 10-20% of EBIT every year, subject to AGM approvals as required. Contact: Nagarro SE Investor Relations Baierbrunner Str. 15 81379 Munich Tel.: [phone] Tel.: [phone] (Investor Relations) Fax: [phone] E-mail: [e-mail] Web: www.nagarro.com Nagarro SE (ISIN: DE000A3H2200 | WKN: A3H220 | FRA: NA9) End of Inside Information 23-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	Nagarro SE
	Baierbrunner Straße 15
	81379 München
	Germany
Phone:	089 / 785 000 282
E-mail:	[e-mail]
Internet:	www.nagarro.com
ISIN:	DE000A3H2200
WKN:	A3H220
Indices:	SDAX, TecDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	2073047

End of Announcement	EQS News Service

2073047  23-Jan-2025 CET/CEST