Successful extension of the maturity date

The Issuer is pleased to announce the successful extension of the maturity date applicable to certain credit facilities of its direct subsidiary, CTEC III GmbH (the "Company"), under the Company's senior facilities agreement originally dated February 2, 2022 (as amended, the "Senior Secured Credit Facilities Agreement"). As of the date hereof, the Company has extended the maturity date applicable to its €1,480m senior term facility (the "TLB") to March 16, 2032, subject to certain conditions and adjustments depending on any future extension or refinancing of the Issuer's 5¼% Senior Notes due February 15, 2030 (the "Notes"). The Company also has extended the maturity date applicable to €226m of the commitments under its revolving credit facility (the "RCF") to September 16, 2031, subject to certain conditions and adjustments depending on any future extension or refinancing of the Notes and the TLB and the then applicable maturity date of the TLB. The maturity date applicable to the remaining €24m of commitments under the RCF remains at September 16, 2028. In connection with this process, certain amendments also have been made to terms of the Senior Secured Credit Facilities Agreement.

Disclaimer 

THIS ANNOUNCEMENT (THIS "ANNOUNCEMENT") IS NOT AN OFFER OR SOLICITATION OF AN OFFER TO BUY OR SELL SECURITIES. IT IS SOLELY FOR INFORMATION PURPOSES.

Certain statements contained in this Announcement may be statements of future expectations and other forward-looking statements that are based on third party sources and involve known and unknown risks and uncertainties. The forward-looking statements include, but are not limited to, all statements other than statements of historical facts, including, without limitation, those regarding the Issuer and its subsidiaries (collectively, the "Group"), the Group's future financial position and results of operations, strategy, plans, objectives, goals and targets and future developments in the markets where the Group participates or is seeking to participate. Forward-looking statements contained in this Announcement regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. There is no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this Announcement. The forward-looking information contained herein represent the subjective views of the management of the Group and has been prepared on the basis of a number of assumptions and subjective judgments which may prove to be incorrect and, accordingly, actual results may vary. They represent the subjective views of the management of the Group and are based on significant assumptions. Industry experts, business analysts or other persons may disagree with these views, assumptions and judgments, including without limitation the management's view of the market and the prospects for the Group. Any forward-looking statements in this document are subject to a number of risks and uncertainties, many of which are beyond the Group's control, that could cause the Group's actual results and performance to differ materially from any expected future results or performance expressed or implied by any forward-looking statements. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements as a prediction of actual results. The views expressed herein are based on historic numbers, previous business plans, recent business information and include a number of assumptions and other relevant factors. 

The Issuer is providing this information voluntarily, and the material contained in this Announcement is presented solely for information purposes and is not to be construed as providing investment advice. As such, it has no regard to the specific investment objectives, financial situation, or particular needs of any recipient. No representation or warranty, either express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness, correctness, or reliability of the information contained herein. It should not be regarded by recipients as a substitute for the exercise of their own judgment. None of the Issuer, or any of its directors, officers, employees, affiliates, direct or indirect shareholders, advisors, or agents, accepts any liability for any direct, indirect, consequential, or other loss or damage suffered by any person as a result of relying on all or any part of this information, and any liability is expressly disclaimed.