dsm-firmenich completes voluntary cash offer for DSM shares

KAISERAUGST, Switzerland and HEERLEN, Netherlands, Feb. 12, 2024 /PRNewswire/ -- DSM-Firmenich AG (the Company or dsm-firmenich) and DSM B.V. (DSM) today announce that the Voluntary Tender Offer for the remaining DSM ordinary shares (previously Koninklijke DSM N.V. with ISIN: NL0000009827, the Shares) as announced on January 8, 2024 (the Voluntary Tender Offer) has been completed.

4,163,287 Shares, representing approximately 2.4% of the Shares, have been tendered to the Company under the Voluntary Tender Offer. As a result, the Company now holds approximately 98.5% of the Shares.

The holders of Shares who have sold their Shares through the Voluntary Tender Offer, will receive the offer price of €96.00 per Share on February 13, 2024, free from withholding or dividend tax. The total consideration payable by the Company under the Voluntary Tender Offer amounts to EUR 399,675,552.

The Company will seek to acquire the remaining approximately 1.5% Shares through the statutory buy-out procedure (the Buy-Out) at the Enterprise Chamber of the Amsterdam Court of Appeal (Ondernemingskamer), which started on July 17, 2023.

Additional information on the Buy-Out can be found on the Company's website (https://www.dsm-firmenich.com).

For more information, please contact:

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About dsm-firmenich
As innovators in nutrition, health, and beauty, dsm-firmenich reinvents, manufactures, and combines vital nutrients, flavors, and fragrances for the world's growing population to thrive. With our comprehensive range of solutions, with natural and renewable ingredients and renowned science and technology capabilities, we work to create what is essential for life, desirable for consumers, and more sustainable for the planet. dsm-firmenich is a Swiss-Dutch company, listed on the Euronext Amsterdam, with operations in almost 60 countries and revenues of more than €12 billion. With a diverse, worldwide team of nearly 30,000 employees, we bring progress to life every day, everywhere, for billions of people. www.dsm-firmenich.com