STAK ER obtains a controlling interest in Titan N.V.

27 JUN 2025 17:35 | ER Capital NV

PRESS RELEASE

This is a press release by Stichting Administratiekantoor ER Capital (“STAK ER”), a foundation (stichting) incorporated under Dutch law, pursuant to the provisions of Sections 5:70, 5:71 sub 1(d) and 5:72 of the Dutch Financial Supervision Act (Wet op het financieel toezicht, the “FSA”). This is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful.

STAK ER obtains a controlling interest in Titan N.V.


Amsterdam, the Netherlands – 27 June 2025 - STAK ER announces that it recently acquired approximately 63% of the total outstanding shares in the share capital of Titan N.V., a public limited liability company (naamloze vennootschap) incorporated under the laws of the Netherlands and with its corporate seat at Breukelen, the Netherlands, and its office address at Mauritskade 45B, 2514 HG The Hague, the Netherlands and registered with the Dutch chamber of commerce under number 34072305 (“Titan”). The shares in the share capital of Titan are listed at Euronext Amsterdam. As a consequence of the abovementioned purchase of shares, STAK ER also obtained approximately 63% of the voting rights. Although the STAK ER obtained a controlling interest (overwegende zeggenschap) in Titan, it is not obliged to launch a mandatory public offer for all the shares in the share capital in Titan as it is exempted under Dutch law due to STAK ER acting as a trust office (administratiekantoor), independent from Titan, which sole purpose is to act as a trust office (administratiekantoor) holding shares for administrative purposes (ten titel van beheer). For each such share in the share capital of Titan, with the cooperation of Titan, STAK ER has issued a depository receipt (certificaat). The depository receipts issued by STAK ER in connection with the recently acquired shares in the share capital of Titan have been issued to ERC Investments B.V., a private limited liability company (besloten vennootschap met beperkte aansprakelijkheid) incorporated under the laws of the Netherlands, having its registered seat in Rotterdam, the Netherlands, its registered address at Westplein 9 A, 3016 BM Rotterdam, the Netherlands and registered with the Dutch Chamber of Commerce under number 95743227.


Further Information

Further announcements will follow if and when required. For more information, please contact the management board (bestuur) of STAK ER.


General Restrictions

The information in this announcement is not intended to be complete. This announcement is for information purposes only and does not constitute an offer or an invitation to acquire or dispose of any securities or investment advice or an inducement to enter into investment activity. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire the securities of Titan in any jurisdiction.

The distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, STAK ER disclaims any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. STAK ER nor any of its advisors assume any responsibility for any violation by any person of any of these restrictions. Titan shareholders in any doubt as to their position should consult Titan and/or an appropriate professional advisor without delay. This announcement is not to be published or distributed in any jurisdiction in which such release, publication or distribution would be unlawful.


Forward Looking Statements

This press release may include “forward-looking statements” and language that indicates trends, such as “anticipated” and “expected”. Although STAK ER believes that the assumptions upon which its respective (financial) information and its respective forward- looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. STAK ER nor any of its advisors accept any responsibility for any financial information contained in this announcement relating to the business or operations or results or financial condition of Titan.


About STAK ER

STAK ER is a Dutch foundation (stichting).

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