Matas — Major Shareholding Notification 2013

Sep 17, 2013

Company announcement 24/2013 Allerød, 17 September 2013

Major shareholder announcement

We hereby announce that Matas A/S (the "Company") has been informed that two of the Company's major shareholders Svenska M Holding 1 AB and Materialisternes Invest Holding ApS today have agreed to sell a total of 4,485,778 shares in Matas A/S (the "Sale Shares") corresponding to 11.0% of the total share capital at a price of DKK 130 per share to KIRKBI Invest A/S. The sale has been carried out with the consent of Morgan Stanley & Co. International plc ("Morgan Stanley") and Nordea Markets (division of Nordea Bank Danmark A/S) ("Nordea Markets") as Joint Global Coordinators in connection with Matas A/S' initial public offering on the condition that KIRKBI Invest A/S has, in relation to the Sale Shares, agreed to adhere to the lock-up undertakings originally entered into by Svenska M Holding 1 AB and Materialisternes Invest ApS at the time of the initial public offering, for the remainder of the lock-up period as described in the offering circular published by Matas A/S on 13 June 2013. Morgan Stanley and Nordea Markets advised Svenska M Holding 1 AB and Materialisternes Invest Holding ApS on the sale.

In connection with the above mentioned sale of shares, Matas A/S has received the following notifications pursuant to section 29 of the Danish Securities Trading Act:

1) Notification that Svenska M Holding 1 AB today has agreed to dispose of 3,123,180 shares in Matas A/S. Svenska M Holding 1 AB's aggregate holding of shares in Matas A/S following settlement of the sale of shares in Matas A/S totals 7,918,186 shares with a total nominal value of DKK 19,795,465 equivalent to 19.4% of the share capital and 19.4% of the voting rights.

Svenska M Holding 1 AB is a wholly owned subsidiary of Svenska M Holding AB which in turn is wholly owned by Mholdings S.à r.l. Mholdings S.à r.l. is owned by the funds CVC European Equity Partners IV (A) L.P., CVC European Equity Partners IV (B) L.P., CVC European Equity Partners IV (C) L.P., CVC European Equity Partners IV (D) L.P. and CVC European Equity Partners IV (E) L.P. CVC European Equity Partners IV (A) L.P. and CVC European Equity Partners IV (B) L.P. are managed by their general partner CVC European Equity IV (AB) Limited and CVC European Equity Partners IV (C) L.P., CVC European Equity Partners IV (D) L.P. and CVC European Equity Partners IV (E) L.P. are managed by their general partner CVC European Equity IV (CDE) Limited. CVC European Equity IV (AB) Limited and CVC European Equity IV (CDE) Limited are indirectly majority-owned subsidiaries of CVC Capital Partners SICAV-FIS S.A.

2) Notification that Materialisternes Invest Holding ApS today has agreed to dispose of 1,362,598 shares in Matas A/S. Materialisternes Invest Holding ApS's aggregate holding of shares in Matas A/S following settlement of the sale of shares in Matas A/S totals

3,454,590 shares with a total nominal value of DKK 8,636,475 equivalent to 8.5% of the share capital and 8.5% of the voting rights.

3) Notification that KIRKBI Invest A/S today has agreed to purchase 4,485,778 shares in Matas A/S. KIRKBI Invest A/S' aggregate holding of shares in Matas A/S following settlement of the sale of shares in Matas A/S totals 4,485,778 shares with a total nominal value of DKK 11,214,445 equivalent to 11.0% of the share capital and 11.0% of the voting rights. KIRKBI Invest A/S is 100% owned by KIRKBI A/S.

Enquiries

Lars Vinge Frederiksen, Chairman, tel +45 48 16 55 55 Jesper Breitenstein, Investor Relations, tel +45 27 80 76 75