adesso AG / Key word(s): Takeover 04.05.2016 13:02 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- adesso AG expands banking portfolio and customer base with takeover of Smarthouse Media GmbH adesso AG is acquiring 100 % of Karlsruhe-based Smarthouse Media GmbH, a leading and globally active full-service provider of digital information and marketing platforms for banks and the financial industry. The company with more than 120 employees generated annual sales of some EUR 16 million and an EBIT margin of roughly 20 % in 2015. The purchase price amounts to EUR 24 million and in view of the low interest rate environment, adesso will finance EUR 20 million of that amount through an acquisition loan with a term of 7 years at a fixed interest rate of 1 %; the remaining sum will be financed with existing liquid assets. The Supervisory Board of adesso AG approved the transaction today, and the deal will also be closed today. Contact: Martin Möllmann Manager Investor Relations Tel.: +49 231 7000-7000 E-Mail: [email protected] --------------------------------------------------------------------------- Information and Explanation of the Issuer to this News: Additional information With the acquisition of Smarthouse Media GmbH, adesso AG is taking a major step in increasing its visibility and portfolio in the core industry, banking. The specialist expertise of Smarthouse Media in setting up and operating bank portals for complex financial products is an ideal match for adesso's sector approach. Smarthouse Media's numerous notable bank customers, some of whom are globally active, will also significantly expand adesso's customer base in banking and extend the range of services offered to customers from the IT side to the business side as well. The company operates more than 300 portals at several data centres. The portals are based on the company's solutions, and the data centres fulfil the strict IT security and compliance requirements that banks and stock exchange operators face. The purchase price includes the takeover of liquid assets of EUR 0.8 million and EUR 2.4 million in equity as of 31 December 2015; there are no financial liabilities. The transaction takes place with economic effect as of 1 January 2016. No other purchase price components were agreed. The sellers are Axel Springer and two founders who are no longer involved in the company. 04.05.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: adesso AG Stockholmer Allee 20 44269 Dortmund Germany Phone: +49 231 7000-7000 Fax: +49 231 7000-1000 E-mail: [email protected] Internet: www.adesso-group.de ISIN: DE000A0Z23Q5 WKN: A0Z23Q Listed: Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard), Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------