Software Aktiengesellschaft announced that it has entered into an agreement with new investor Silver Lake Management, L.L.C. for a private placement of 2% convertible subordinated unsecured notes due in early 2027 in the aggregate principal amount of €344,000,000 on December 13, 2021. The notes are convertible into common shares at an initial conversion price of €46.54 per share. As part of the transaction, Christian Lucas from Silver Lake Management, L.L.C. will join the Supervisory Board of the company.