secunet Security Networks AG acquires SysEleven GmbH

Publication of inside information pursuant to Article 17 MAR

secunet Security Networks AG acquires SysEleven GmbH

[Essen, Germany, 17 May 2022] secunet Security Networks AG (ISIN DE0007276503, WKN 727650; secunet) acquires 100 percent of the shares in SysEleven GmbH (SysEleven). The purchase agreement for the acquisition of the cloud specialist was signed today. With the acquisition, secunet is significantly expanding its range of solutions in the areas of cloud and cloud security.

SysEleven is an independent German provider of Cloud Infrastructure, Cloud Services, Managed Services and Managed Kubernetes. The company has its own open source based cloud infrastructure with ISO27001 certified data center locations in Germany (Infrastructure-as-a-Service) and provides MetaKube, a platform for the efficient management and optimization of computing, storage and network resources based on Kubernetes (Managed Kubernetes). The Berlin-based company employs more than 100 people and serves more than 175 customers in the German-speaking markets (DACH). The management of SysEleven will continue to operate as managing directors after the takeover.

The purchase price amounts to around 50 million euros and can be increased by a total of 15 million euros through performance-based components (earn-out) extending into 2024. The purchase price will be financed from the company's own funds. SysEleven achieved sales of around 15 million euros in 2021. Earnings before interest and taxes (EBIT) were around 1.3 million euros. secunet assumes that the acquisition will not have a significant impact on the forecast for the 2022 financial year.

Contact
Philipp Gröber
Head of Investor Relations
Phone: +49 201 5454 3937
Fax: +49 201 5454 0
e-mail: [email protected]

secunet Security Networks AG
Kurfürstenstrasse 58
45138 Essen, Germany

ISIN: DE0007276503
WKN: 727650
Listed: regulated market in Frankfurt (Prime Standard); OTC market in Berlin, Bremen, Düsseldorf, Hamburg, Hanover, Munich and Stuttgart

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secunet - Protecting Digital Infrastructures
In an increasingly networked world, Germany's leading cyber security company, secunet offers a combination of products and consulting services, robust digital infrastructures and the highest level of security for data, applications and digital identities. secunet specializes in areas with unique security requirements, like the cloud, IIoT, eGovernment and eHealth. With secunet's security solutions, companies can comply with the highest security standards in digitization projects and advance their digital transformation.

More than 800 experts strengthen the digital sovereignty of governments, businesses and society. secunet's customers include German federal ministries, national and international organizations and more than 20 DAX-listed corporations. The company was established in 1997, is listed on the SDAX and generated revenues of 337.6 million euros in 2021.

secunet is IT security partner of the Federal Republic of Germany and a partner of the Alliance for Cyber Security.

Further information can be found at www.secunet.com

Disclaimer
This press release contains predictive statements. Predictive statements are statements that do not describe facts of the past; they also include statements regarding our assumptions and expectations. Any statement in this press release that conveys our intentions, assumptions, expectations or predictions (and the assumptions on which they are based) is a predictive statement. These statements are based on planning, estimates and forecasts that are currently available to the management of secunet Security Networks AG. Predictive statements therefore only apply to the day on which they were made. We assume no obligation to update such statements with regard to new information or future events.