EQT agrees to sale of shares in Azelis Group NV

• c. 44 million shares in Azelis agreed to be sold

STOCKHOLM, Nov. 12, 2025 /PRNewswire/ -- Akita I S. à r. L., an entity indirectly controlled by an affiliate of the funds called EQT VIII ("EQT") is pleased to announce it has signed a definitive agreement to sell c. 44 million shares in Azelis Group NV (EBR: AZE) (the "Company") to JNE Partners, First Pacific Advisors, LP's managed funds and accounts, and Temasek, all existing shareholders of the Company, and others.

Following the Sale, EQT will hold a c.10% ownership stake in the Company and the remaining stake is subject to customary lock-up terms for 90 days. The Sale is due to complete on Wednesday 12^th November, 2025.

Contact
EQT Press Office, press@eqtpartners.com

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