Proposed Secondary Placing of Ordinary Shares

PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

Antler EquityCo S.à r.l. ("Antler"), which is controlled by funds advised by Apax Partners LLP ("Apax"), announces its intention to sell approximately 30 million ordinary shares in the capital of BCG (the "Placing Shares") by way of an accelerated bookbuild to institutional investors (the "Placing"). The Placing Shares represent approximately 6% of BCG's issued share capital. The Placing Shares rank pari passu in all respects with BCG's ordinary shares.

BCG has separately notified Antler of its intention to make an off-market purchase of approximately 4.2 million ordinary shares in the capital of BCG (the "Off-Market Purchase"). This will be executed concurrently with the Placing, in accordance with the terms of a contract (the "Buyback Contract") between Antler and BCG, which was approved by the shareholders of BCG at its Annual General Meeting on 27 September 2023, subject to the completion of the Placing.

Antler currently owns 63,092,378 ordinary shares representing approximately 13% of BCG's issued share capital.

The bookbuilding process with institutional investors will commence today, 12 July 2024, and may close at any time on short notice. The results of the Placing, including the number of Placing Shares to be sold, will be announced as soon as practicable after the closing of the bookbuilding process.

To permit the Placing, the Global Coordinator has waived the 90 day lock-up undertaking that was agreed in connection with the previous placing undertaken by Antler on 31 May 2024.

BCG is not a party to the Placing and will not receive any proceeds from the Placing.