IPO of CEVA Logistics AG

The issued share capital of CEVA comprises 41,361,537 registered shares with a nominal value of CHF 0.10 per share. CEVA placed 29,856,537 newly registered shares in the offering (before exercise of the over-allotment option). The placement volume of the offering amounted to CHF 0.82 billion (based on the issue share price) whereas CEVA reached a market capitalization CHF 1.14 billion (based on the opening share price). Further, CEVA granted the syndicate banks of the offering an over-allotment option of up to 15% of the total number of newly issued registered shared sold in the offering and CMA CGM Group agreed to make an investment by purchasing CHF 0.38 billion of mandatory convertible securities which will be converted into registered shares of CEVA subject to the receipt of certain regulatory approvals. Including the CMA CGM Group mandatory convertible securities, the implied market capitalization at the opening price is CHF 1.52 billion.

CEVA Logistics, a leading global asset-light supply chain management company, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 56,000 employees in more than 160 countries are dedicated to delivering effective and robust supply-chain solutions (including contract logistics, air- and ocean-freight, ground transportation, value-added services and lead logistics provider services) across a variety of sectors (including consumer & retail, automotive, industrial & aerospace, technology, healthcare and energy) where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.