With reference to the joint press release dated 23 June 2022, the Majority Shareholder and HDNV
jointly announce that:
(i) Following the Purchase of the majority of the shares in HDNV on 25 February 2022, the Majority Shareholder has purchased additional shares and now owns 96% of the
common shares and 99% of the preferred shares.
(ii) As announced on 29 June 2022, no shareholders opposing the squeeze out appeared in the first hearing on the squeeze out in Curaçao and the court set a final date for minority shareholders to object in a 5 September 2022 hearing.
(iii) No shareholders appeared objecting to the squeeze out in the 5 September 2022
hearing.
(iv) In light of the Majority Shareholder holding more than 95% of each class of the issued and outstanding shares in HDNV (the "Shares") following completion of the Offer, HDNV has filed a request with Euronext Amsterdam NV for the delisting of the Shares from Euronext Amsterdam.
(v) Subject to the consent of Euronext Amsterdam NV to the request for delisting of the Shares, HDNV will subsequently announce the last trading day of the Shares.
For more Information:
Michael Jones
Hunter Douglas Holding BV
michael.jones@hunterdouglas.com