Successful initial public offering of Symrise AG

“The successful initial public offering of Symrise confirms the positive feedback we received from institutional investors during the roadshow. They consider our growth potential in this attractive market to be very high. We are particularly pleased that we have managed to attract many private investors as well”, says Dr Gerold Linzbach, Chairman of the Management Board of Symrise AG.

A total of 81,030,358 shares were placed in the initial public offering, including an over-allotment of 10,569,177 shares. 37,800,000 of these shares originate from a capital increase, while 32,661,181 of them came from the holdings of the existing shareholders. The shares were oversubscribed several times. The offering volume totals EUR 1.4 billion (including the over-allotment), whereof Symrise AG will receive gross proceeds of EUR 652 million.

The free float will amount to around 69% on the basis of a completely exercised greenshoe option. The investor EQT is selling about half of its shares in the initial public offering and will remain the largest shareholder of Symrise AG with a stake of 15.9% even on the basis of a completely exercised greenshoe option.

Approximately 15% of the offered shares (excluding the over-allotment) have been placed with retail investors. Due to the oversubscription, the shares were allocated to retail investors as follows: orders for up to 99 shares received an allotment of 20 shares, orders for 100 to 499 shares received an allotment of 30 shares, orders for 500 to 999 shares received an allotment of 50 shares, and orders for 1000 shares or more received an allotment of 50 shares plus 20% of the amount of shares ordered exceeding 1000 shares.

Beginning today, the shares of Symrise AG are traded on the official market (Prime Standard) of the Frankfurt Stock Exchange with the ISIN DE000SYM9999 and the security identification number SYM999. The company aims to be included in the MDAX.

About Symrise:
Symrise AG is one of the world's leading suppliers of fragrances and flavourings and has roots that go back to 1874. Our products are essential features of everyday life today. They are used by perfume, cosmetics and food manufacturers. We focus on the development of innovative trend and lifestyle products with a specific additional benefit for the consumer. They include flavourings in which advantage is taken of modern technologies to reduce the sugar, salt and fat content of food considerably. Thanks to the use of selected active substances from Symrise, cosmetic products can be manufactured without any preservatives in future.

Press inquiries:
Kirchhoff Consult AG
Division Manager
Dr Kay Baden
Tel. +49 40 60 91 86 50

Disclaimer
These materials are not an offer of securities for sale in the United States. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended, (the Securities Act), and may not be offered or sold in the United States absent registration or pursuant to an available exemption from registration under the Securities Act. Any public offering of securities of Symrise AG to be made in the United States would have to be made by means of a prospectus that could be obtained from Symrise AG and that would contain detailed information about the company and management, as well as financial statements. Neither Symrise AG nor EQT III fund intends to register any securities referred to herein in the United States.