Cicor Technologies Ltd.

Major Shareholding Notification • Nov 13, 2025

National Storage Mechanism | Additional information

RNS Number : 4604H

Cicor Technologies Ltd

13 November 2025

FORM 8 (OPD)

PUBLIC OPENING POSITION DISCLOSURE BY A PARTY TO AN OFFER

Rules 8.1 and 8.2 of the Takeover Code (the "Code")

1.         KEY INFORMATION

(a) Full name of discloser:	Cicor Technologies Ltd.
(b) Owner or controller of interests and short positions disclosed, if different from 1(a):      The naming of nominee or vehicle companies is insufficient.  For a trust, the trustee(s), settlor and beneficiaries must be named.	N/A
(c) Name of offeror/offeree in relation to whose relevant securities this form relates:      Use a separate form for each offeror/offeree	Cicor Technologies Ltd.
(d) Is the discloser the offeror or the offeree?	Offeror
(e) Date position held:      The latest practicable date prior to the disclosure	12 November 2025
(f)  In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?      If it is a cash offer or possible cash offer, state "N/A"	No

2.         POSITIONS OF THE PARTY TO THE OFFER MAKING THE DISCLOSURE

If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

(a)        Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates

Class of relevant security:	Ordinary (CHF 10.00)
	Interests		Short positions
Number	%	Number	%
(1) Relevant securities owned and/or controlled:	Nil	-	Nil	-
(2) Cash-settled derivatives:	Nil	-	Nil	-
(3) Stock-settled derivatives (including options) and agreements to purchase/sell:	Nil	-	Nil	-
TOTAL:	Nil	-	Nil	-

All interests and all short positions should be disclosed.

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

(b)        Rights to subscribe for new securities

Class of relevant security in relation to which subscription right exists:	N/A
Details, including nature of the rights concerned and relevant percentages:	N/A

3.         POSITIONS OF PERSONS ACTING IN CONCERT WITH THE PARTY TO THE OFFER MAKING THE DISCLOSURE

Details of any interests, short positions and rights to subscribe (including directors' and other employee options) of any person acting in concert with the party to the offer making the disclosure:

A) Interests in ordinary shares in Cicor Technologies Ltd. held by directors and executive leadership team of Cicor Technologies Ltd. and their close relatives and related trusts

Name	Number of Cicor Technologies Ltd. ordinary shares	Percentage of issued ordinary share capital of Cicor Technologies Ltd. (%)[1]
Daniel Frutig[2]	9,101	0.21
Norma Corio[3]	1,278	0.03
Denise Koopmans[4]	1,685	0.04
Alexander Hagemann	18,534	0.42
Peter Neumann	5,231	0.12
Marco Kechele	2,303	0.05
Total	38,132	0.87

B) Interests held as options or awards (whether vested or unvested and whether or not subject to conditions) held by directors and executive leadership team of Cicor Technologies Ltd. in ordinary shares in Cicor Technologies Ltd.

Name	Scheme under which granted	Date of grant	Price at grant (exercise price) (CHF)	Number of ordinary shares	Vesting date	Expiry date
Daniel Frutig	N/A[5]	17 April 2025	Nil	1,093	16 April 2026	N/A
Norma Corio	N/A[6]	17 April 2025	Nil	875	16 April 2026	N/A
Denise Koopmans	N/A[7]	17 April 2025	Nil	875	16 April 2026	N/A
Alexander Hagemann	PSOP 2022-2024	1 January 2022	52.80	4,032	31 December 2024[8]	31 December 2028
PSOP 2023-2025	1 January 2023	42.90	6,743	31 December 2025[9]	31 December 2029
PSOP 2024-2026	1 January 2024	49.80	22,430	31 December 2026	31 December 2030
PSOP 2025-2027	1 January 2025	60.00	23,726	31 December 2027	31 December 2031
PSP 2023-2025	1 January 2023	Nil	4,578	31 December 2025[10]	N/A
PSP 2024-2026	1 January 2024	Nil	10,892	31 December 2026	N/A
PSP 2025-2027	1 January 2025	Nil	9,340	31 December 2027	N/A
Special PSP	1 September 2025	Nil	2,324	31 December 2027	N/A
Peter Neumann	PSOP 2023-2025	1 January 2023	42.90	3,372	31 December 2025[11]	31 December 2029
PSOP 2024-2026	1 January 2024	49.80	11,691	31 December 2026	31 December 2030
PSOP 2025-2027	1 January 2025	60.00	12,513	31 December 2027	31 December 2031
PSP 2023-2025	1 January 2023	Nil	2,288	31 December 2025	N/A
PSP 2024-2026	1 January 2024	Nil	5,676	31 December 2026	N/A
PSP 2025-2027	1 January 2025	Nil	4,926	31 December 2027	N/A
Special PSP	1 September 2025	Nil	2,008	31 December 2027	N/A
Marco Kechele	PSOP 2023-2025	1 January 2023	42.90	3,372	31 December 2025[12]	31 December 2029
PSOP 2024-2026	1 January 2024	49.80	10,059	31 December 2026	31 December 2030
PSOP 2025-2027	1 January 2025	60.00	10,826	31 December 2027	31 December 2031
PSP 2023-2025	1 January 2023	Nil	2,288	31 December 2025	N/A
PSP 2024-2026	1 January 2024	Nil	4,884	31 December 2026	N/A
PSP 2025-2027	1 January 2025	Nil	4,262	31 December 2027	N/A
Special PSP	1 September 2025	Nil	2,008	31 December 2027	N/A

C) Interests in ordinary shares in Cicor Technologies Ltd. held by OEP 80 B.V.

Name	Number of Cicor Technologies Ltd. ordinary shares	Percentage of issued ordinary share capital of Cicor Technologies Ltd. (%)
OEP 80 B.V.	1,881,026	42.86

Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

Details of any securities borrowing and lending positions or financial collateral arrangements should be disclosed on a Supplemental Form 8 (SBL).

4.         OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the party to the offer making the disclosure or any person acting in concert with it:

Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state "none"

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to:

(i)  the voting rights of any relevant securities under any option; or

(ii)  the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:

Name	Agreement, arrangement or understanding	Number of Cicor Technologies Ltd. ordinary shares held by relevant person(s) that the agreement, arrangement or understanding relates to[13]	Percentage of issued ordinary share capital of Cicor Technologies Ltd.
Daniel Frutig[14]	Contractual agreement to not dispose of shares for a three-year period ending 18 April 2026	1,220	0.03
Contractual agreement to not dispose of shares for a three-year period ending 19 April 2027	1,479	0.03
Contractual agreement to not dispose of shares for a three-year period ending 18 April 2028	1,962	0.04
Norma Corio[15]	Contractual agreement to not dispose of shares for a three-year period ending 19 April 2027	493	0.01
Contractual agreement to not dispose of shares for a three-year period ending 18 April 2028	785	0.02
Denise Koopmans[16]	Contractual agreement to not dispose of shares for a three-year period ending 18 April 2026	407	0.01
Contractual agreement to not dispose of shares for a three-year period ending 19 April 2027	493	0.01
Contractual agreement to not dispose of shares for a three-year period ending 18 April 2028	785	0.02
Alexander Hagemann	Contractual agreement to not dispose of shares for a three-year period ending 1 September 2028	1,179	0.03
Peter Neumann	Contractual agreement to not dispose of shares for a three-year period ending 1 September 2028	1,018	0.02
Marco Kechele	Contractual agreement to not dispose of shares for a three-year period ending 1 September 2028	1,018	0.02

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the party to the offer making the disclosure, or any person acting in concert with it, and any other person relating to: (i)  the voting rights of any relevant securities under any option; or (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced: If there are no such agreements, arrangements or understandings, state "none"
None

(c)        Attachments

Are any Supplemental Forms attached?

Supplemental Form 8 (Open Positions)	No
Supplemental Form 8 (SBL)	No

###### Date of disclosure:	13 November 2025
###### Contact name:	Lukas Nänni
###### Telephone number:	+41 71 913 73 09

Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

The Panel's Market Surveillance Unit is available for consultation in relation to the Code's disclosure requirements on +44 (0)20 7638 0129.

The Code can be viewed on the Panel's website at www.thetakeoverpanel.org.uk.

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[1]  Excludes treasury shares. Percentages have been given to two decimal places.

[2] Shares are held through Daniel Frutig, his close relatives (Eva Frutig, Anna Frutig) and an associated company (EvolutionF AG).

[3] Shares are jointly held by Norma Corio and her close relative (Lawrence Corio).

[4] Shares are held through an associated company (K+Co Consulting GmbH).

[5] These shares were awarded as part of the overall remuneration package for the board of directors for the 2025-2026 financial year.

[6] As above.

[7] As above.

[8] The vesting date for these options based on applicable scheme rules is as stated. However, in practice, board approval of satisfaction of applicable conditions in respect of these options took place in 18 April 2025 and the stated number of options vested thereafter.

[9] For options granted under the PSOP, vesting of the relevant options is subject to board approval based on the satisfaction of applicable conditions, which may take place later than 31 December of the relevant year.

[10] For shares granted under the PSP, vesting of the relevant shares is subject to board approval based on the satisfaction of applicable conditions, which may take place later than 31 December of the relevant year.

[11] As above.

[12] As above.

[13] Agreements, arrangements or understandings set out in this table relate to shares held by the relevant person(s) as disclosed under section 3(A) above.

[14] Shares are held through Daniel Frutig, his close relatives (Eva Frutig, Anna Frutig) and an associated company (EvolutionF AG).

[15] Shares are jointly held by Norma Corio and her close relative (Lawrence Corio).

[16] Shares are held through an associated company (K+Co Consulting GmbH).

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