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EQS-News: Birkenstock Holding plc / Key word(s): Miscellaneous
BIRKENSTOCK ANNOUNCES LAUNCH OF SECONDARY OFFERING
2024-06-24 / 22:20 CET/CEST
The issuer is solely responsible for the content of this announcement.
PRESS RELEASE
LONDON, UNITED KINGDOM || JUNE 24, 2024

BIRKENSTOCK ANNOUNCES LAUNCH OF SECONDARY OFFERING
Birkenstock Holding plc ("BIRKENSTOCK", the "Company" or "we", NYSE: BIRK) announced today the commencement of an
underwritten secondary public offering of 14,000,000 of BIRKENSTOCK's ordinary shares (the "Ordinary Shares") by BK LC
Lux MidCo S.à r.l., an entity affiliated with L Catterton (the "Selling Shareholder"), of which the Selling Shareholder
has sole voting and dispositive power over 9,880,814 shares offered, and of which the Selling Shareholder and the
executive officers and certain other employees of the BIRKENSTOCK Group have shared voting and dispositive power over
4,119,186 shares offered. The Selling Shareholder intends to grant the underwriters a 30-day option to purchase up to
2,100,000 additional Ordinary Shares. BIRKENSTOCK is not selling any Ordinary Shares in the offering and will not
receive any proceeds from the sale of the Ordinary Shares being offered by the Selling Shareholder.
Following the completion of the proposed offering and without giving effect to the underwriters' option to purchase
additional shares, the Selling Shareholder will hold approximately 137,543,181 Ordinary Shares, or 73.2% of the
Ordinary Shares outstanding of the Company. The net proceeds from the Ordinary Shares sold for which the executive
officers and certain other employees of BIRKENSTOCK have shared beneficial ownership, which shares represent a minority
of the total shares being offered, are intended to primarily be used by the executive officers and employees to pay
their legally required tax obligations in connection with the Company's IPO or this offering or related to the grant of
such indirect equity interests in the Company and to pay all or a portion of their outstanding loans incurred to
finance the grant of indirect interests in the Company to such executive officers and employees.
Oliver Reichert, CEO of BIRKENSTOCK Group and Member of the Board of Directors of the Company: "Supported by the
positive outlook and strong performance of our business, the intended Secondary Offering is an opportunity for us to
further broaden our investor base and to increase the liquidity of our stock. As with our IPO, we will look to partner
with investors that have a long-term perspective, understand our unique investment case and contribute a sustainable
value to the Company. L Catterton remains an important strategic growth partner, whose commitment, capabilities and
partnership we greatly appreciate."
Michael Chu, Global Co-CEO of L Catterton and Chair of the Board of Directors of the Company: "At L Catterton, we
remain deeply committed to BIRKENSTOCK and continue to be long-term partners who have deep conviction in the Company's
growth story. As a lead investor and the largest shareholder, we are committed to executing this transaction in a
responsible way."

Goldman Sachs & Co. LLC and J.P. Morgan are acting as joint lead book-running managers for the proposed offering.
The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the
proposed offering may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New
York, NY 10282, via telephone: (866) 471-2526, or via email: prospectus-ny@ny.email.gs.com; and J.P. Morgan Securities
LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by email at
prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com.
A registration statement on Form F-1 (including a prospectus) relating to the proposed offering has been filed with the
U.S. Securities and Exchange Commission (the "SEC") but has not yet become effective. These securities may not be sold,
nor may offers to buy be accepted, prior to the time the registration statement becomes effective. Before you invest,
you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for
more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on
the SEC Web site at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering
will arrange to send you the prospectus if you request it by telephone or email at the telephone numbers or email
addresses provided above.
This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor
shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale
would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
The proposed offering is subject to market conditions, and there can be no assurance as to whether or when the proposed
offering may be completed, or as to the actual size or terms of the proposed offering.
This press release shall also not be considered an offer of securities in any member state (each, a "Member State") of
the European Economic Area ("EEA"). This press release does not constitute a "prospectus" within the meaning of
Regulation (EU) 2017/1129 (as amended and any relevant national implementing measure, the "Prospectus Regulation"). In
the EEA, any potential offer of securities would only be made pursuant to an exemption under the Prospectus Regulation,
as implemented in that Member State, from the requirement to publish a prospectus for offers of securities.

ABOUT BIRKENSTOCK
Birkenstock Holding plc is the ultimate parent Company of Birkenstock Group B.V. & Co. KG and its subsidiaries (the
"Birkenstock Group"). BIRKENSTOCK is a global brand which embraces all consumers regardless of geography, gender, age
and income and which is committed to a clear purpose - encouraging proper foot health. Deeply rooted in studies of the
biomechanics of the human foot and backed by a family tradition of shoemaking that can be traced back to 1774,
BIRKENSTOCK is a timeless «super brand» with a brand universe that transcends product categories and ranges from
entry-level to luxury price points while addressing the growing need for a conscious and active lifestyle. Function,
quality and tradition are the core values of the Zeitgeist brand which features products in the footwear, sleep systems
and natural cosmetics categories. BIRKENSTOCK is the inventor of the footbed and has shaped the principle of walking as
intended by nature ("Naturgewolltes Gehen").
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
Certain statements in this press release may constitute "forward-looking" statements and information within the meaning
of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such
forward-looking statements relate to our current expectations and views of future events, including our current
expectations and views with respect to, among other things, the proposed offering of Ordinary Shares. Forward-looking
statements include all statements that do not relate to matters of historical fact. In some cases, you can identify
these forward-looking statements by the use of words such as "anticipate," "believe," "could," "expect," "should,"
"plan," "intend," "estimate" and "potential," "aim," "anticipate," "assume," "continue," "could," "expect," "forecast,"
"guidance," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "seek," "should," "target," "will,"
"would" or similar words or phrases, or the negatives of those words or phrases. Forward-looking statements are subject
to known and unknown risks, uncertainties and other factors and are based on potentially inaccurate assumptions that
could cause actual results to differ materially from those expected or implied by the forward- looking statements. Our
actual results could differ materially from those expected in our forward-looking statements for many reasons,
including the factors described in the sections titled "Cautionary Statement Regarding Forward-Looking Statements" and
"Risk Factors" in our Annual Report on Form 20-F filed with the Securities and Exchange Commission on January 18, 2024
as updated by our reports on Form 6-K that update, supplement or supersede such information. Any forward-looking
statement made by us in this press release speaks only as of the date of this press release and is expressly qualified
in its entirety by the cautionary statements included in this press release. We undertake no obligation to publicly
update or review any forward-looking statement, whether as a result of new information, future developments, or
otherwise, except as required by law.
INVESTOR & MEDIA CONTACT
Birkenstock Holding plc
ir@birkenstock-holding.com

2024-06-24 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Birkenstock Holding plc 

1-2 Berkeley Square
W1J6EA London
United Kingdom

ISIN:         JE00BS44BN30 
Listed:       NYSE 
EQS News ID:  1931627 

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