EVS Broadcast Equipment SA — M&A Activity 2014

Oct 21, 2014

EVS BROADCAST EQUIPMENT COMPLETES THE SALE OF ITS STAKE IN DCINEX TO YMAGIS SA

EVS Broadcast Equipment SA, the leading provider of live video production systems, today announced that it has completed the sale of its 41.3% stake in dcinex to Ymagis SA (Euronext Paris: MAGIS), with effect on October 20, 2014.

Under the agreement, EVS receives:

• EUR 2.1 million in cash (EUR 1.6 million after deduction of all fees and costs associated with the transaction)
• 288,851 new Ymagis shares
• EUR 6.4 million in Ymagis bonds, which have a maximum maturity of 5 years. These bonds are associated with warrants.

In total, the approximate aggregate value of the different components (at last closing price of Ymagis shares of EUR 6.89) represents around EUR 10.0 million for EVS. On June 30, 2014 dcinex was valued at EUR 7.9 million on the EVS balance sheet.

In addition, dcinex will reimburse the currently existing shareholders' loans. Today, the loan granted by EVS (including interests) amounts to EUR 1.5 million (of which EUR 1.4 million paid at the closing of the transaction).

For more information, please contact:

Magdalena BARON, CFO Geoffroy d'OULTREMONT, Vice President Investor Relations & Corporate Communication EVS Broadcast Equipment S.A., Liege Science Park, 16 rue du Bois Saint-Jean, B-4102 Seraing, Belgium Tel: +32 4 361 70 14. E-mail: corpcom@evs.com; www.evs.com

About EVS

EVS provides its customers with reliable and innovative technology to enable the production of live, enriched video programming, allowing them to work more efficiently and boost their revenue streams. Its industry-leading broadcast and media production systems are used by broadcasters, production companies, postproduction facilities, film studios, content owners and archive libraries around the globe. It spans four key markets – Sports, Entertainment, News and Media.

Founded in 1994, its innovative Live Slow Motion system revolutionised live broadcasting. Its reliable and integrated tapeless solutions, based around its marketleading XT server range, are now widely used to deliver live productions worldwide. Today, it continues to develop practical innovations, such as its C-Cast secondscreen delivery platform, to help customers maximise the value of their media content.

The company is headquartered in Belgium and has offices in Europe, the Middle East, Asia and North America. Approximately 497 EVS professionals from 20 offices are selling its branded products in over 100 countries, and provide customer support globally. EVS is a public company traded on Euronext Brussels: EVS, ISIN: BE0003820371. For more information, please visit www.evs.com.