ISS supports voting proposal of SoftwareOne’s Board of Directors

Media Release

ISS supports voting proposal of SoftwareOne’s Board of Directors

Stans, Switzerland, 1 April 2024 – SoftwareOne Holding AG, a leading global software and cloud solutions provider, noted the voting recommendations of proxy advisor ISS for the company’s upcoming AGM. ISS supports the proposal of the Company’s Board of Directors.

ISS, a global provider of independent and objective shareholder meeting research and recommendations, recommends voting FOR all nine nominees proposed by the Board of Directors, including three non-independent nominees representing the 29% block shareholders group.

ISS recommends to vote AGAINST the full replacement of the Board of Directors as proposed by the 29%-block shareholders. The ISS report further classifies all nominees of the block shareholders as non-independent.

The Board of Directors thus sees its position confirmed, that a balanced board would be in the best interests of all stakeholders. This would also help restore calm to the company and allow management to focus on leading it, meeting its growth and profitability objectives, and implementing Vision 2026.

CONTACTS

Anna Engvall, Investor Relations

Phone +41 44 832 41 37, anna.engvall@softwareone.com

FGS Global, Media Relations

Phone +41 44 562 14 99, press.softwareone@fgsglobal.com

ABOUT SOFTWAREONE

SoftwareOne is a leading global software and cloud solutions provider that is redefining how organizations build, buy and manage everything in the cloud. By helping clients to migrate and modernize their workloads and applications – and in parallel, to navigate and optimise the resulting software and cloud changes – SoftwareOne unlocks the value of technology. The company's ~9,300 employees are driven to deliver a portfolio of 7,500 software brands with a presence in over 60 countries. Headquartered in Switzerland, SoftwareOne is listed on the SIX Swiss Exchange under the ticker symbol SWON. Visit us at www.softwareone.com

SoftwareOne Holding AG, Riedenmatt 4, CH-6370 Stans

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This media release may contain certain forward-looking statements relating to the group’s future business, development and economic performance. Such statements may be subject to a number of risks, uncertainties and other important factors, such as but not limited to force majeure, competitive pressures, legislative and regulatory developments, global, macroeconomic and political trends, the group’s ability to attract and retain the employees that are necessary to generate revenues and to manage its businesses, fluctuations in currency exchange rates and general financial market conditions, changes in accounting standards or policies, delay or inability in obtaining approvals from authorities, technical developments, litigation or adverse publicity and news coverage, each of which could cause actual development and results to differ materially from the statements made in this media release. SoftwareOne assumes no obligation to update or alter forward-looking statements whether as a result of new information, future events or otherwise.