Ad-Hoc Announcements

Ad hoc disclosure in accordance with Article 17 of the Market Abuse Regulation

- Public share buyback offer -

Möglingen, August 31, 2022.

On the basis of the positive figures for the first half of 2022, the Management Board of USU Software AG (ISIN DE000A0BVU28) has today resolved, with the approval of the Supervisory Board, to make the company’s shareholders a public share buyback offer for up to 523,770 of the company’s shares (around 5% of the share capital) at a set price of EUR 18,75 per share (ISIN DE000A0BVU28).

As a standalone company, USU Software AG (ISIN DE000A0BVU28) reported net profit in accordance with the German Commercial Code (HGB) of EUR 6,066 thousand in fiscal 2019 (2018: EUR 4,318 thousand). This corresponds to a 40.5% increase in profit as against the previous year.

Möglingen, December 18, 2018. A number of major projects expected for the fourth quarter of 2018 – primarily in the United States – will most likely not be completed during the current quarter of 2018. In spite of the advanced stage of contract negotiations, the Management Board expects that the final contract awards will not be made until 2019. The Management Board has modified its planning for 2018 to reflect this development because the projects have a total license volume of €2 million to €3 million. The board now projects Group-wide sales of €89 million to €91 million.

Möglingen, Germany / La Garenne Colombes, France, May 4, 2017.

USU Software AG (Frankfurt, Prime Standard, ISIN DE000A0BVU28), Möglingen, (“USU”) signed a contract today to acquire all shares in EASYTRUST SAS, La Garenne Colombes, France (“EASYTRUST”). USU is taking over the software license management specialist effective January 1, 2017. The acquisition of EASYTRUST means the USU Group will boost its value creation in IT management and its international footprint in the key French market. The purchase price will be paid in cash and is €4.75 million.

Upon the request of the Management Board of USU Software AG (USU), Amtsgericht Stuttgart (the district court of Stuttgart), has appointed the Ebner Stolz GmbH & Co. KG Wirtschaftsprüfungsgesellschaft Steuerberatungsgesellschaft auditing and tax consultancy firm, based in Stuttgart, as the annual auditor for fiscal year 2017.

This is due to the originally selected annual auditor’s decision to retract his declaration of independence.

According to provisional calculations, USU Software AG generated consolidated sales of EUR 58.9 million in the first 9 months of 2017 (Q1-Q3/2016: EUR 51.4 million), a year-on-year increase of around 15%. A stronger trend toward SaaS solutions among customers in the period under review caused shifts in sales, which may result in lower revenue from licenses of more than EUR 1 million for the year as a whole. At the same time, investments in foreign markets were maintained at a constantly high level.

According to the provisional, unaudited figures for 2016, USU Software AG (hereinafter: “USU”, ISIN DE000A0BVU28) increased its consolidated revenue (IFRS) by 9% year-on-year to EUR 72 million (2015: EUR 66.1 million). In addition to rising income from software-as-a-service (SaaS) and product segment maintenance business, this positive development was due to consulting-related service business in particular. The company therefore again set new records for both revenue and earnings.

Effective January 1, 2016, USU Software AG (Frankfurt, Prime Standard, ISIN DE000A0BVU28), Möglingen, (“USU”), has acquired all shares in unitB technology GmbH, Berlin, for the purpose of expanding USU’s range of services in the area of individual solutions and portals. The Board of Management of USU and the owners of unitB technology signed agreements regarding the acquisition of shares today. The purchase price will be paid in cash and will contain a fixed and a variable share.

Effective January 1, 2015, USU Software AG (Frankfurt, Prime Standard, ISIN DE000A0BVU28), Möglingen, (“USU”) has acquired all shares in SecurIntegration GmbH, Cologne, (“SecurIntegration”) to expand its portfolio in the field of software license management. The purchase price of the shares to be paid in cash consists of a fixed component and an earn-out component and, depending on the future performance of SecurIntegration, will be between approximately EUR 1,0 and EUR 3,0 million.