PRESS RELEASE

Jacobs Holding Completes Capital Increase in Cognita

Zurich, 1st February 2019

Jacobs Holding AG (“Jacobs”) announced today that it has successfully completed a capital increase in Cognita, a leading, global K-12 schools group, partnering with BDT Capital Partners (“BDT”), a merchant bank that provides family- and founder-led businesses with long-term, differentiated capital and Sofina SA (“Sofina”), a family run and controlled investment company. Both BDT and Sofina will serve as minority shareholders to support Cognita’s growth ambitions. Jacobs acquired Cognita in October 2018 from KKR and Bregal Investments and will continue to own a majority of Cognita. Terms of the transaction were not disclosed.

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