Sword Group — M&A Activity 2020

Sep 29, 2020

Press Release

Windhof - September 29th, 2020

SWORD

UPGRADE YOUR BUSINESS

Sword Group - Disposal of French Subsidiaries

Sword today announces the sale of its France operations to Argos Wityu

Argos Wityu and Sword Group today signed the finalised agreement for the acquisition by Argos of French subsidiaries and the current management of Sword France.

The scope concerned by the transaction covers:

• Services activities currently managed by French subsidiaries in France,
• International software activities for National Patent & Trademark Offices,
• Software aimed at the French market in the fields of Health, Information and Customer Relations.

This scope, the profitability of which falls under Group standards, is generating a revenue trend of €60 million for 2020.

Sword Group is continuing:

• GRC (Governance Risk and Compliance), operations in Software on a global level,
• Services operations in the United Kingdom,
• Services operations in Belgium, Luxemburg and Greece,
• Services operations in Switzerland,
• Venue Management operations in Software at European level,
• Services in the Middle East and North America,
• Offshore operations from Lebanon and India,
• All Software operations in France except for products included in the transferred scope.

Regarding M&A's strategy is focusing on:

• Acquisition of complementary products in GRC,
• Acquisition of small, targeted companies in Services in the United Kingdom,
• Acquisition of companies in light of new opportunities in other countries where the Group operates.

In accounting terms, France is taken out of the consolidation scope with effect from October 1st, 2020.

Consolidated revenue for 2020 will significantly exceed €200 million.

For more information:

Sword Group | Stéphanie Desmaris
Head of Communication
investorrelations@sword-group.com
+33 4 72 85 37 45

Argos Wityu | Coralie Cornet
Director of Communications
ccc@argos.fund
+33 1 53 67 20 63

Sword France | Cynthia Vettivelu
In charge of Communication
communication@sword-group.com
+33 4 81 65 39 35

Sword Group

After disposal, Sword has 1,900' IT/Digital & Software specialists present over 5 continents to accompany you in the growth of your organisation in the digital age.

As a leader in technological and digital transformation, Sword has since 2000 acquired a solid reputation in software publishing and in complex IT & business project management.

Sword optimises your processes and enhances your data.

The press release will be published on the web sites here after: GlobeNewswire and Sword Group. It was also sent to the "Commission de Surveillance du Secteur Financier (CSSF)" and saved on the Luxemburg Stock Exchange's website.

Market	ICB 9530	ISIN Code	Indices	sword-group.com
Euronext Paris	Software & Computer Services	FR0004180578	CAC® Small
CAC® Mid & Small

Sword Group - 2, rue d'Arlon L-8399 Windhof - investorrelations@sword-group.lu

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