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Sarens Finance Company NV - Tender Offer - Launch

Sarens Finance Company NV announces its offer to purchase a portion of its outstanding €300,000,000 5.750% Senior Notes due 2027 (ISIN: BE6318634548 / Common Code: 211187425) (the "Notes") for cash

12 APRIL 2023

Full announcement including disclaimers and offer restrictions available via Sarens

April 12, 2023. Sarens Finance Company NV (the "Offeror") hereby announces an invitation to the Eligible Holders (as defined below) of its outstanding Notes for cash at prices to be determined pursuant to an Unmodified Dutch Auction Procedure (as defined below) up to the Maximum Acceptance Amount (as defined below) of €30,000,000 in aggregate principal amount of Notes (the "Offer"), on the terms and subject to the conditions set out in the tender offer memorandum dated April 12, 2023 (the "Tender Offer Memorandum") prepared in connection with the Offer.

Copies of the Tender Offer Memorandum are (subject to the "Offer and Distribution Restrictions") available from the Tender Agent as set out below. Capitalized terms used in this announcement but not otherwise defined have the meanings given to them in the Tender Offer Memorandum.

Rationale for the Offer

The purpose of the Offer is for the Offeror to optimize its cash management while reducing its gross debt position and overall interest expense.

Summary of the Offer

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