Ctac N.V.

M&A Activity • Apr 15, 2022

PRESS RELEASE

Ctac completes sale of corporation software service (Fit4Woco) to DataBalk

PRESS RELEASE

About Ctac

As a Business & Cloud Integrator, Ctac helps its clients realise their ambitions. Ctac creates the required business value through constant innovation. Ctac offers a broad portfolio of solutions, including SAP and Microsoft 'on any cloud' solutions, and provides services in the fields of Modern Workplace, Integration, Transformation & Change management, Security & Trust and Business Transformation.

In addition, Ctac has a number of its own products, including the XV Retail Suite, which consists of an omnichannel-driven Point-of-Sale & Loyalty platform, and a SaaS solution for commercial real estate, Fit4RealEstate.

In 2022, Ctac had been in business for 30 years and over the years has built up extensive experience and material know-how in the retail, wholesale, manufacturing, real estate and professional services. In 2020, Ctac recorded revenue of € 106 million with on average 430 FTE and 161 professional hires.

Ctac has a balanced workforce in terms of age, expertise and experience. Ctac sees working together to realise common goals as a high priority. Ctac is listed on the Euronext Amsterdam stock exchange (ticker: CTAC) and has offices in 's-Hertogenbosch and in Wommelgem (Belgium).

More information

Ctac N.V. Meerendonkweg 11, 5216 TZ 's-Hertogenbosch PO Box 773, 5201 AT 's-Hertogenbosch

www.ctac.nl info@ctac.nl +31 (0)73 - 692 06 92 Pieter-Paul Saasen | CEO

In case of any inconcistencies the Dutch version of this press release is leading.

Ctac completes sale of corporation software service (Fit4Woco) to DataBalk

's-Hertogenbosch, 14 April 2022 – Business & Cloud Integrator Ctac N.V. ("Ctac") (Euronext Amsterdam: CTAC) announces that the sale of its corporation software-as-a-service solution (Fit4Woco), including the transfer of all related assets and liabilities, to DataBalk B.V. has been completed today.

Ctac previously announced its intention to execute this transaction on 21 March 2022.

PRESS RELEASE

FINANCIAL CALENDAR

29 April 2022	: Trading update Q1 2022
4 May 2022	: General Meeting of Shareholders
29 July 2022	: Publication of 2022 interim results
30 September 2022	: Capital Markets Day
26 October 2022	: Trading update Q3 2022

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Disclaimer

This press release contains statements that provide forecasts of future results for Ctac N.V. and expresses certain intentions, objectives and ambitions on the basis of current insights. Such forecasts are, of course, not free of risks and, in view of the fact that there is no certainty about future circumstances, there is a certain degree of uncertainty. There is a multitude of factors that may underlie the fact that the actual results and forecasts may differ from those described in this document. Such factors may include: general economic and technical developments, scarcity in the labour market, the pace of internationalisation of the market for IT solutions and consulting activities as well as future acquisitions and/or divestments.

In case of any inconcistencies the Dutch version of this press release is leading.