Joint Press Release of Constellation Software Inc. and Topicus.com Inc. - Topicus.com Inc. completes Agreement to acquire 14.84% of Treasury Shares in the capital of Asseco Poland S.A.

Executive Summary

• Topicus.com Inc.’s subsidiary TSS Europe B.V. completed the acquisition of an additional 14.84% of treasury shares in Asseco Poland S.A., bringing its total ownership to approximately 24.93% (including the prior 9.99% stake).
• The transaction was executed after obtaining all required regulatory approvals and coincides with the effective date of a shareholders’ agreement between Topicus and the Adam Góral Family Foundation.
• The acquisition expands Topicus’s strategic foothold in the European software market through increased influence over Asseco Poland.

Key Details

• Acquisition Size: 14.84% of treasury shares of Assebo Poland S.A. (the “Treasury Shares”).
• Total Ownership Post‑Transaction: Approximately 24.93% (9.99% previously announced on Jan 31 2025 + 14.84% acquired now).
• Regulatory Status: All required regulatory approvals were received prior to closing.
• Shareholders’ Agreement: The agreement with the Adam Góral Family Foundation, signed Feb 3 2025, became effective upon this acquisition.
• Subsidiary Involved: TSS Europe B.V., a wholly‑owned subsidiary of Topicus.com Inc.
• Strategic Rationale: Enhances Topicus’s influence and voting power in Asseco Poland, supporting its pan‑European vertical market software growth strategy.

Notable Quotes

(No direct quotes were provided in the release.)