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PRESS RELEASE : Majorel Group Luxembourg S.A. : Majorel sets indicative price range and starts the offer period for planned private placement ahead of envisaged listing on Euronext Amsterdam

09/16/2021 | 02:50am EDT

DGAP-News: Majorel Group Luxembourg S.A. / Key word(s): IPO/IPO Majorel Group Luxembourg S.A. : Majorel sets indicative price range and starts the offer period for planned private placement ahead of envisaged listing on Euronext Amsterdam 2021-09-16 / 08:49 The issuer is solely responsible for the content of this announcement.



Press release

Majorel sets indicative price range and starts the offer period for planned private placement ahead of envisaged listing on Euronext Amsterdam

Luxembourg, 16 September 2021: Majorel Group Luxembourg S.A. ("Majorel", the "Company" and, together with its consolidated subsidiaries, "Majorel Group"), a leading global provider of next-generation end-to-end customer experience ("CX") solutions for digital-native and vertical leading brands, today announced the price range for the proposed private placement (the "Private Placement") and envisaged listing and trading of its registered shares (the "Shares") on Euronext Amsterdam.

Highlights: . The indicative price range for the Private Placement is set at EUR 32 to EUR 39 per placement share. . The Private Placement consists of a private placement of existing Shares to institutional investors invarious jurisdictions. . The selling shareholders are offering an aggregate of 20,000,000 placement shares. . In addition, the selling shareholders have granted the Stabilization Manager an option to allocateadditional Shares to cover potential over allotments, provided that such additional Shares will not exceed 15percent of the final number of placement shares. . Majorel is currently a 50-50 venture between Bertelsmann and the Saham Group who will remain majorshareholders in the Company, with Bertelsmann envisaged to continue consolidation post listing. . The Company and the selling shareholders have agreed with the underwriters that they will not sell anyShares from the date of the Underwriting Agreement until 180 days after the first day of trading (subject tocustomary exemptions such as with the prior written consent of the Joint Global Coordinators). . BNP Paribas, Citigroup and J.P. Morgan are acting as Joint Global Coordinators and Joint Bookrunners,with Bank of America, Goldman Sachs and UBS Investment Bank also acting as Joint Bookrunners. . The offer period is expected to commence on 16 September 2021 and is expected to end on 23 September2021, subject to acceleration or extension of the timetable for the Private Placement. As of today there is nopublic market for the Shares. Application has been made to list and admit the Shares to trading on EuronextAmsterdam under the symbol "MAJ". . Pricing of the Private Placement is expected on 23 September 2021, first day of trading on 24 September2021 and settlement on 28 September 2021. . The listing prospectus is expected to be approved by the Luxembourg Commission de Surveillance du SecteurFinancier (the "CSSF") on 23 September 2021.

Thomas Mackenbrock, CEO of Majorel Group said: "We are hugely encouraged by the initial response we have received from investors. A listing is the next logical step in Majorel's development and will further enhance our position as a leading player in the global CX industry. We look forward to welcoming new shareholders in the Company." Risk Factors

Investing in Majorel involves certain risks. A description of these risks, which include risks relating to Majorel as well as risks relating to the Private Placement and its Shares, will be included in the prospectus to be published in connection with the listing. About Majorel

We design, build and deliver next-generation end-to-end CX solutions for many of the world's most respected digital-native and vertical leading brands. Our comprehensive east-to-west global footprint in 31 countries across five continents, with more than 63,000 team members and 60 languages, allows us to deliver flexible solutions that leverage our expertise in cultural nuance, which we believe to be essential for true excellence in CX. We have deep domain expertise in tech-augmented front to-back-office CX. Additionally, we offer Digital Consumer Engagement, CX Consulting, and an innovative suite of Proprietary Digital Solutions for industry verticals. We are a global leader in Content Services, Trust & Safety. We believe the 'Majorel difference' to be our culture of entrepreneurship.

About Bertelsmann

Bertelsmann is a media, services and education company that operates in about 50 countries around the world. It includes the broadcaster RTL Group, the trade book publisher Penguin Random House, the magazine publisher Gruner + Jahr, the music company BMG, the service provider Arvato, the Bertelsmann Printing Group, the Bertelsmann Education Group and Bertelsmann Investments, an international network of funds. The company has around 130,000 employees and generated revenues of EUR17.3 billion in the financial year 2020. Bertelsmann stands for creativity and entrepreneurship. This combination promotes first-class media content and innovative service solutions that inspire customers around the world. Bertelsmann aspires to achieve climate neutrality by 2030. In 2021, Bertelsmann commemorates the 100th birthday of Reinhard Mohn, the Group's late post-war founder and longtime Chairman and CEO.

About Saham

Saham Group is a Moroccan based international investment company that operates in a variety of industries. Driven by a strong entrepreneurial approach, Saham first began in the insurance sector, eventually becoming Africa's industry leader with a presence in 30 countries. After selling its insurance business in 2018, the Group has invested further in strategic targeted partnerships in sectors such as customer experience services/BPO, real estate, education, and agriculture.


Investor Relations Insa Calsow EVP, Investor Relations ir@majorel.com Media Relations Andrew Slater SVP, Global Marketing & Communications media@majorel.com DISCLAIMER These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities (the "Securities") of Majorel Group Luxembourg S.A. ("Majorel") in the United States, Australia, Canada, Japan or any other jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). There will be no public offering of the securities in the United States. The Securities have not been, and will not be, registered under the Securities Act. The securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan subject to certain exceptions. This publication constitutes neither an offer to sell nor a solicitation to buy securities. No public offer will be made. An investment decision regarding securities of Majorel should only be made on the basis of the securities prospectus which will be published promptly upon approval by the Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and will be available free of charge on the website of Majorel.

In member states of the European Economic Area and the United Kingdom, any offering mentioned in this publication will only be addressed to and directed at persons who are "qualified investors" within the meaning of Article 2(e) of Regulation (EU) 2017/1129, in the case of the United Kingdom, as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018. In addition, in the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (ii) are persons falling within Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.), or (iii) are persons to whom an invitation or inducement to engage in investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) in connection with the issue or sale of any securities may otherwise lawfully be communicated or caused to be communicated (all such persons together being referred to as "Relevant Persons"). This document is directed only at Relevant Persons and must not be acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons.

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September 16, 2021 02:49 ET (06:49 GMT)

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