PRESS RELEASE : SUSE S.A. sets final offer price for IPO at EUR30 per share

DGAP-News: SUSE S.A. / Key word(s): IPO 
SUSE S.A. sets final offer price for IPO at EUR30 per share 
2021-05-17 / 21:11 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN OR 
ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. 
PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS RELEASE. 
Press release 
SUSE S.A. sets final offer price for IPO at EUR30 per share 
- Final offer price for initial public offering ("IPO") at EUR30 per share 
- Total offer volume of approximately EUR1.1 billion, assuming full exercise of the Greenshoe Option 
- The Selling Shareholder has decided not to make use of an available Upsize Option, despite a significant 
oversubscription of the orderbook across the price range 
- Final offer price implies a market capitalization of EUR5 billion 
- Funds managed and advised by Capital Research Global Investors and GIC Private Limited have agreed to purchase offer 
shares with an aggregate value of EUR0.34 billion at the offer price 
- Expected free float of 24.3%, based on the total offer size 
- First day of trading on the Frankfurt Stock Exchange expected for 19 May 2021 
Nuremberg, 17 May 2021 - SUSE S.A. (the "Company" or "SUSE"), an independent leader in open source software, 
specializing in Linux enterprise operating systems, container management and storage, as well as Edge software 
solutions, and its owner Marcel LUX III SARL ("the Selling Shareholder"), a company indirectly owned by funds advised 
by EQT AB Group, has set the final offer price for its IPO at EUR30 per share. The total offer size (which assumes full 
exercise of the Greenshoe Option) amounts to approximately EUR1.1 billion and implies a total market capitalization of EUR5 
billion, in each case based on the final offer price. Upon completion of the offering the expected free float will 
amount to 24.3%, based on the total offer size. 
Melissa Di Donato, CEO of SUSE, said: "The IPO is an important strategic milestone for SUSE. Not only does it give us 
long-term financial and strategic flexibility, but it also allows us to continue to control our own destiny in the 
pursuit of organic and inorganic growth. I am thrilled about the opportunities we have ahead and the value we can 
create for our customers, our employees, and our shareholders. Therefore, I have decided to invest more than 80% of my 
net proceeds, which have been disclosed in the prospectus, in the IPO. I am excited to continue leading SUSE to realize 
its long-term potential, while also supporting the Company as a significant shareholder." 
Johannes Reichel, Partner at EQT Partners, said: "We're delighted by the investor response to the offering, which is a 
testament to SUSE's differentiated position and long-term potential. SUSE is uniquely positioned to benefit as global 
digitalisation gathers pace. We look forward to continuing to work with Melissa and her entire team to further 
accelerate SUSE's growth over the coming years and would like to thank the entire SUSE team for the hard work to date." 
The total offer amounts to 37.3 million shares, assuming full exercise of the Greenshoe Option. 18.3 million newly 
issued shares were placed reaching gross primary proceeds of approximately EUR0.5 billion. In addition, 14.2 million 
existing shares were placed from the holdings of the Selling Shareholder reaching gross secondary proceeds of 
approximately EUR0.4 billion. A Greenshoe Option for up to 4.8 million existing shares has been granted from the holdings 
of the Selling Shareholder. The Selling Shareholder has decided not to make use of an available Upsize Option, despite 
a significant oversubscription across the price range. 
As part of the Offering, two Cornerstone Investors, funds managed and advised by Capital Research Global Investors and 
GIC Private Limited, will acquire shares with a combined aggregate value of EUR0.34 billion at the offer price. SUSE S.A. 
and the Selling Shareholder have agreed to a customary lock-up period of 180 days and participants of equity 
participation programs and a virtual stock option program are subject to a customary lock-up period of 12 months with 
regards to shares and options received under such programs, each following the first day of trading of the Company's 
shares on the Frankfurt Stock Exchange. 
Trading in the Company's shares on the regulated market (Prime Standard) of the Frankfurt Stock Exchange is expected to 
commence on 19 May 2021 under the trading symbol SUSE and the ISIN LU2333210958. 
BofA Securities and Morgan Stanley are acting as Joint Global Coordinators and Joint Bookrunners, with Deutsche Bank, 
Goldman Sachs, Jefferies and J.P. Morgan supporting the transaction as Joint Bookrunners. 
About SUSE 
SUSE is a global leader in innovative, reliable and enterprise-grade open source solutions. It specializes in 
Enterprise Linux, Kubernetes Management, and Edge solutions, and collaborates with partners and communities to empower 
customers to innovate everywhere - from the data center, to the cloud, to the edge and beyond. SUSE puts the "open" 
back in open source, giving customers the agility to tackle innovation challenges today and the freedom to evolve their 
strategy and solutions tomorrow. For more information, visit www.suse.com. 
About EQT 
EQT is a purpose-driven global investment organization focused on active ownership strategies. With a Nordic heritage 
and a global mindset, EQT has a track record of almost three decades of delivering consistent and attractive returns 
across multiple geographies, sectors and strategies. Uniquely, EQT is the only large private markets firm in the world 
with investment strategies covering all phases of a business' development, from start-up to maturity. Including Exeter, 
EQT today has more than EUR 67 billion in assets under management across 26 active funds within two business segments - 
Private Capital and Real Assets. 
With its roots in the Wallenberg family's entrepreneurial mindset and philosophy of long-term ownership, EQT is guided 
by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest 
across the world with the mission to future-proof companies, generate attractive returns and make a positive impact 
with everything EQT does. 
The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and 
fund managers of EQT funds as well as entities advising EQT funds. EQT has offices across Europe, Asia-Pacific and the 
Americas with more than 975 employees. 
More info: www.eqtgroup.com 
Contacts 
Jonathan Atack 
Investor Relations, SUSE 
Phone: [phone] 
Email: [e-mail] 
Harald Kinzler 
Kekst CNC 
Phone: [phone] 
Email: [e-mail] 
DISCLAIMER 
These materials may not be published, distributed or transmitted in the United States, Canada, Australia or Japan. 
These materials do not constitute an offer of securities for sale or a solicitation of an offer to purchase securities 
(the "Securities") of SUSE S.A. (the "Company") in the United States, Australia, Canada, Japan or any other 
jurisdiction in which such offer or solicitation is unlawful. The Securities of the Company may not be offered or sold 
in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as 
amended (the "Securities Act"). There will be no public offering of the securities in the United States. The Securities 
of the Company have not been, and will not be, registered under the Securities Act. The securities referred to herein 
may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, 
resident or citizen of Australia, Canada or Japan subject to certain exceptions. 
The contents of this announcement have been prepared by and are the sole responsibility of SUSE S.A. The information 
contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance 
may be placed by any person for any purpose on the information contained in this announcement or its accuracy, fairness 
or completeness. 
This publication constitutes neither an offer to sell nor a solicitation to buy securities. A public offer in Germany 
has been made solely by the means of, and based on, the published securities prospectus (including any supplements 
thereto, if any). An investment decision regarding the publicly offered securities of SUSE S.A. should only be made on 
the basis of the securities prospectus. The securities prospectus is available free of charge on the website of SUSE 
S.A. 
In the United Kingdom, this document is only being distributed to and is only directed at persons who (i) are qualified 
investors as defined in Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union 
(Withdrawal) Act 2018, (ii) are investment professionals falling within Article 19(5) of the Financial Services and 
Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), or (iii) are persons falling within 
Article 49(2)(a) to (d) of the Order (high net worth companies, unincorporated associations, etc.) (all such persons 
together being referred to as "Relevant Persons"). This document is directed only at Relevant Persons and must not be 
acted on or relied on by persons who are not Relevant Persons. Any investment or investment activity to which this 
document relates is available only to Relevant Persons and will be engaged in only with Relevant Persons. 
This release contains forward-looking statements. These statements are based on the current views, expectations, 
assumptions and information of the management of the Company. Forward-looking statements should not be construed as a 

(MORE TO FOLLOW) Dow Jones Newswires

May 17, 2021 15:12 ET (19:12 GMT)