ESKER overview

Following the public tender offer initiated by Boréal Bidco SAS This press release has been prepared and published on 18 February 2025 pursuant to Article 237-3 III of the Autorité des marchés financiers (the “ AMF ”) General Regulation and Article 9 of AMF Instruction No. 2006-07 on public tender offers. AMOUNT OF INDEMNIFICATION : 262 euros per Esker SA share This press release does not constitute an offer to purchase securities or any form of solicitation and is not intended to be...

Esker: - Boréal Bidco will hold 92.93% of the share capital and at least 92.68% of the voting rights of Esker at the end of the reopened Offer. - Settlement-delivery of the reopened Offer on 14 February 2025. - Implementation, as announced, of a squeeze-out procedure for the Esker shares. - The price per share paid in the context of this squeeze-out will be equal to the Offer price, i.e. , €262 per share. Success of the reopened Offer 947,693 shares of Esker were tendered to the public tender...

Esker: - Esker’s shareholders show strong support for the Offer by tendering their shares in large numbers during the initial Offer period. - Boréal Bidco will hold 74.62% of the share capital and at least 74.49% of the voting rights of Esker at the end of the first Offer period. The Offer has a positive outcome. - Settlement-delivery of the initial Offer on 24 January 2025. - The Offer will be reopened from 17 to 30 January 2025 under the same terms, at a price of €262 per share, to enable...

Esker: Sales Revenue in M€ (Unaudited) Q4 2024 Q4 2023 Q4 2024/ Q4 2023 Change (4) 2024 2023 2024/2023 Change (4) SaaS Subscription 26.2 19.0 +34% 93.0 69.8 +33% SaaS Transaction (1) 18.7 19.2 -4% 74.8 77.2 -3% Total SaaS 44.6 38.2 +15% 167.9 146.8 +14% Implementation Services (2) 10.1 8.0 +25% 35.9 28.3 +28% Legacy Products (3) 0.3 0.7 -54% 1.5 3.5 -56% TOTAL 55.1 46.9 +16% 205.3 178.6 +15% Bookings (4)(5) 6.9 7.0 -3% 25.7 20.8 +22% (1) Billing by document (2) Includes Consulting and...

Opening of the Offer On 22 November 2024, the public tender offer filed by the Offeror for the shares of Esker (the “ Offer ”) was declared compliant by the Autorité des marchés financiers (“ AMF ”) which approved the Offeror’s offer document under visa number 24-495 and Esker’s reply document under visa number 24-496. On 28 November 2024, the Offeror and Esker made available to the public the “other information” documents relating to the legal, financial and accounting...

This press release does not constitute an offer to purchase securities or any form of solicitation and is not intended to be distributed in jurisdictions where the proposed Offer would not be authorized. Translation for information purposes only. In case of discrepancy between the French and English versions, the French version shall prevail. Esker SA initiated by Boréal Bidco SAS presented by Société Générale Morgan Stanley Presenting bank Presenting and guaranteeing bank OFFER PRICE :...

This press release does not constitute an offer to purchase securities or any form of solicitation and is not intended to be distributed in jurisdictions where the proposed Offer would not be authorized. Translation for information purposes only. In case of discrepancy between the French and English versions, the French version shall prevail. Esker SA INITIATED BY THE COMPANY Boreal Bidco SAS This press release has been prepared by Esker SA and published pursuant to Article 231-28 of the AMF...

This press release does not constitute an offer to purchase securities or any form of solicitation and is not intended to be distributed in jurisdictions where the proposed Offer would not be authorized. Translation for information purposes only. In case of discrepancy between the French and English versions, the French version shall prevail. PRESS RELEASE DATED 25 NOVEMBER 2024 ON THE AVAILABILITY TO THE PUBLIC OF THE OFFER DOCUMENT RELATING TO THE TENDER OFFER for the shares of the Company...