Basic-Fit N.V. — M&A Activity 2019

Oct 30, 2019

BASIC-FIT ACQUIRES GYMSTREET IN FRANCE

The transaction will add four clubs to the Basic-Fit network in the Lille area

Hoofddorp, 30 October 2019 – Basic-Fit, the largest and fastest growing fitness chain in Europe, announces the acquisition of four clubs of Gymstreet in France.

With more than 300 clubs in its current network, France is Basic-Fit's largest country. By adding these four clubs in the cities of Lille, Roncq and Villeneuve d'Ascq, Basic-Fit strengthens its cluster strategy in this area.

It is expected that all four Gymstreet clubs will have been rebranded and integrated into Basic-Fit's network by the end of this year.

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FOR MORE INFORMATION

Investor Relations +31 (0)23 302 23 59 investor.relations@basic-fit.com

ABOUT BASIC-FIT

With more than 750 clubs, Basic-Fit is the largest fitness operator in Europe. We operate in five countries and in our clubs 2 million members can work on improving their health and fitness. Basic-Fit operates a straightforward membership model and offers a high-quality, value-for-money fitness experience that appeals to the fitness needs of all active people who care about their personal health and fitness.

FORWARD-LOOKING STATEMENTS / IMPORTANT NOTICE

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