Tognum completes IPO successfully

• Majority of Greenshoe option exercised
• Offering volume exceeds EUR 2 billion

Friedrichshafen/Germany – Tognum AG today announced that its Initial Public Offering (IPO) was completed successfully as Global Coordinators and Joint Bookrunners Deutsche Bank and Goldman Sachs exercised the majority of the Greenshoe to cover the high demand from retail and institutional investors.

The banks were given the option to acquire and allocate additional up to 15% shares of the base offering of 75.0 million shares at the offer price from the selling shareholder indirectly owned by EQT. Having exercised the Greenshoe option, the amount of shares sold in this IPO increased to 83,841,769 shares, including 8,841,769 greenshoe shares. This results in a total offering vol-ume of approximately EUR 2.01 billion.

Tognum’s IPO was oversubscribed several times. The share closed at EUR 24.99 last Friday which represents a 4% increase to the issue price. Since the IPO on July 2nd, Tognum’s shares have outperformed the German mid-cap index MDAX by around 3%. Including the shares allocated via the Greenshoe option, the free float is approximately 63% of Tognum’s equity, with EQT holding around 22%, members of the supervisory board as well as members of the management board and other executives of Tog-num own together approximately 12% and members of the Schmid-Maybach family own directly and indirectly approximately 3%.