CANCOM SE resolves to cancel the acquired 1,669,758 treasury shares together
with a capital reduction and a public share buyback offer at a price of EUR
33.00 per share

EQS-Ad-hoc: CANCOM SE / Key word(s): Share Buyback
CANCOM SE resolves to cancel the acquired 1,669,758 treasury shares together
with a capital reduction and a public share buyback offer at a price of EUR
33.00 per share

01-Jul-2024 / 09:19 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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CANCOM SE resolves to cancel the acquired 1,669,758 treasury shares together
with a capital reduction and a public share buyback offer at a price of EUR
33.00 per share

Munich, Germany, 1 July 2024 - The Executive Board of CANCOM SE (ISIN
DE0005419105) has decided today, with the approval of the Supervisory Board,
to cancel the treasury shares held by the company and to reduce the share
capital. At the same time, the company intends to submit a public buyback
offer to all shareholders.

CANCOM cancels the 1,669,758 treasury shares held by the company and reduces
the share capital by the corresponding nominal amount of EUR 1,669,758.

CANCOM had acquired these treasury shares as part of the 'Share Buyback
Program 2023' in the period from 27 November 2023 up to and including 5
April 2024 on the basis of the authorization of the Annual General Meeting
on 28 June 2022. This corresponds to 4.55 percent of the company's share
capital. After the capital reduction, the share capital of currently EUR
36,686,808 amounts to EUR 35,017,050 and is divided into 35,017,050 no-par
value shares with an amount of share capital of EUR 1.00 per share.

At the same time, the Executive Board and Supervisory Board resolved today
to make use of the authorization granted by the Annual General Meeting on 5
June 2024 to acquire treasury shares in accordance with Art. 5 SE Regulation
in conjunction with Section 71 para. 1 no. 8 AktG. § Section 71 para. 1 no.
8 AktG and to authorize shareholders to buy back up to 3,501,705 treasury
shares (this corresponds to 10% of the share capital after the previously
intended redemption of treasury shares and associated capital reduction
takes effect) as part of a voluntary public buyback offer to all
shareholders.

The share buyback is to take place at an offer price of EUR 33.00 per share.
The period for acceptance of the offer is expected to begin on July 4, 2024
and is expected to end on July 24, 2024.

Details of the share buyback will be published shortly on the company's
website at www.investors.cancom.com/share-buyback-offer-2024/ and in the
Federal Gazette (www.bundesanzeiger.de).

In light of the Group's very good substance and high cash flow, CANCOM is
aiming to achieve an efficient capital structure with the public share
buyback offer. Nevertheless, the company continues to have sufficient
financial resources for further growth, both organically and through
acquisitions.

DISCLAIMER

NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR ANY
JURISDICTION IN WHICH SUCH PUBLICATION, DISTRIBUTION OR RELEASE WOULD BE
PROHIBITED BY APPLICABLE LAW. OTHER RESTRICTIONS APPLY. PLEASE SEE THE
IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

About CANCOM
As a Digital Business Provider, CANCOM accompanies organizations into the
digital future. CANCOM supports customers to simplify complex enterprise IT
and increase their business success through the implementation of modern
technology. In order to comprehensively meet the IT needs of companies,
organizations, and the public sector, CANCOM delivers tailor-made IT end to
end from a single source.

The CANCOM Group's range of IT solutions includes consulting,
implementation, services, and the management of IT systems. Customers
benefit from the extensive expertise as well as a holistic and innovative
portfolio that covers the IT requirements that are necessary for a
successful digital transformation. As a hybrid IT integrator and service
provider, the Company provides an integrated range of services and solutions
including business solutions and managed services, such as cloud computing,
analytics, enterprise mobility, IT security, hosting, and as-a-service
offerings.

With more than 5,600 employees, CANCOM Group and its efficient partner
network ensure market presence and customer proximity in Germany, Austria,
Switzerland and Belgium. The CANCOM Group is led by Rüdiger Rath (CEO),
Jochen Borenich (CSO) and Thomas Stark (CFO). The company is headquartered
in Munich, Germany. CANCOM generated revenue of around EUR 1.5 billion in the
financial year 2023. Its parent company CANCOM SE is listed in the SDAX and
TecDAX of the Frankfurt Stock Exchange (ISIN DE0005419105).

Contact
Lars Dannenberg
Vice President Investor Relations & Corporate Strategy
+49 89 54054 5371
lars.dannenberg@cancom.de

Note
If you do not wish to receive information from us via e-mail, please write
to ir@cancom.de.

Data protection notification
You are receiving this notification because you are included in the CANCOM
investor information e-mail distribution list. You have been included as you
have indicated in the past to be informed about company news. For this
reason CANCOM stores and processes personal data like name and e-mail
address to be able to provide to you this service. CANCOM stores and uses
this data solely to obtain information about the development of the
shareholder communication and to be able to contact investors as part of the
investor relations activities.

General information on the use of data by CANCOM
CANCOM will not pass on personal data obtained in the course of investor
relations activities to third parties without the express consent of the
person concerned. The only exception to this rule is that CANCOM receives a
request for data transmission from competent authorities such as the Federal
Financial Supervisory Authority.
Even after you have agreed to receive investor information from us and thus
permitted CANCOM to store and use your personal data, you have the right to
revoke this agreement at any time. All you need to do is send an informal
message by e-mail to widerspruch@cancom.de or to ir@cancom.de
For any further information about CANCOM's privacy policy, who to contact or
your individual rights as a data subject, please visit our website
https://www.cancom.com/privacy-protection/


End of Inside Information

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   Language:       English
   Company:        CANCOM SE
                   Erika-Mann-Straße 69
                   80636 Munich
                   Germany
   Phone:          +49-(0)89/54054-0
   Fax:            +49-(0)89/54054-5119
   E-mail:         info@cancom.de
   Internet:       http://www.cancom.de
   ISIN:           DE0005419105
   WKN:            541910
   Indices:        SDAX, TecDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1936297

End of Announcement EQS News Service
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1936297 01-Jul-2024 CET/CEST