ACCELL GROUP GRANTS CONDITIONAL SHARES

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Algemeen advies 01/02/2022 18:10

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This is a press release by Accell Group N.V. ("Accell Group") pursuant to the provisions of Section 5, paragraphs 4 and 5 and Section 6, paragraph 2 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft) (the "Decree") in connection with the intended recommended public offer (the "Offer") by Sprint BidCo B.V. for all the issued and outstanding ordinary shares in the capital of Accell Group (each a "Share"). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. Any offer will be made only by means of an offer memorandum approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten). This press release is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, the United States, Canada and Japan or in any other jurisdiction in which such release, publication or distribution would be unlawful.

ACCELL GROUP GRANTS CONDITIONAL SHARES
Heerenveen (the Netherlands), 1 February 2022 – Following the announcement on 24 January 2022 in respect of the Offer (the "Initial Announcement"), the Dutch public offer rules require Accell Group to announce in a press release all transactions by Accell Group concerning Shares, including the grant of conditional shares to directors or employees. Accordingly, Accell Group makes the relevant disclosures below.

Today, Ms. Francesca Gamboni started as Chief Supply Chain Officer and member of the Board of Management of Accell Group. As disclosed in the convocation for the extraordinary general meeting held on 15 December 2021, 10,000 conditional performance shares (each conferring a conditional right to receive one Share) were granted today to Ms. Gamboni, for no consideration (om niet), as a sign-on award for partial compensation of the loss of the performance shares at her previous employer. The conditional shares vest on 1 February 2025, subject to continued employment of Ms. Gamboni with Accell Group. No (other) performance criteria apply.

On the date hereof, Ms. Gamboni does not hold any Shares and the total number of Shares is 26,836,619. If all 10,000 conditional shares vest, the total number of Shares would increase by approx. 0.04%.



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