Announcement • 7h

PSI Software SE Se to Be Deleted from Frankfurt Stock Exchange

PSI Software SE (Company) and its majority shareholder Zest Bidco GmbH, a holding company indirectly controlled by funds managed by Warburg Pincus LLC (Warburg Pincus or Bidder), entered into a delisting agreement concerning PSI. As a result of the delisting agreement, Warburg Pincus has announced its intention to make a public delisting acquisition offer (the “Offer”) for all outstanding shares of PSI (“PSI Shares”). The Offer will provide for a cash consideration equal to the statutory minimum price, i.e., equal to the weighted average domestic stock exchange price of the PSI Share over the past six months, and for a four-week acceptance period. It will not be subject to any conditions. The Offer by Warburg Pincus and the resulting delisting are a long-announced component of the strategic partnership that PSI, Warburg Pincus, and E.ON entered into with their Investment Agreement dated October 12, 2025, which is aimed at promoting PSI’s long-term and sustainable growth. The first steps in this process were the voluntary public takeover offer by Warburg Pincus to PSI’s shareholders which was completed in mid-2026 following approval by the Federal Ministry for Economic Affairs and Energy, as well as PSI’s capital increase in July 2026. The Management Board and the Supervisory Board of PSI support the Offer and intend, subject to their review of the offer document yet to be published by Warburg Pincus as part of their fiduciary duties, to recommend the acceptance of the Offer to PSI’s shareholders. Subject to the same requirement, the Management Board will apply for the delisting of PSI Shares from trading on the regulated market of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) before the end of the acceptance period. In addition, the Management Board will take all reasonable measures to terminate the inclusion of the PSI Shares for trading on the open market (Freiverkehr) of any other stock exchange or any other multilateral trading facility or organized trading facility, provided that the inclusion was initiated by the Company. This may result in very limited liquidity and price availability for PSI Shares. The offer document for the delisting and other information relating to the Offer will be published by the Bidder following approval by the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, Bafin). After publication, the Management Board and Supervisory Board will carefully review the offer document in accordance with their legal obligations and submit a reasoned statement.

Announcement • Sep 06

Psi Software Se Announces Supervisory Board Changes

PSI Software SE announced that by resolution of the Annual General Meeting held on September 2, 2026, Peter Walter Herweck, Max Fowinkel, and Michael Kunz were elected to the Supervisory Board. Peter Walter Herweck was elected Chairman of the Supervisory Board at the subsequent constituent meeting. The six-member Supervisory Board also includes Dr. Patrick Wittenberg and employee representatives Ingo Fick and Uwe Seidel. Peter Walter Herweck has over 40 years of experience in energy management, industrial automation, and industrial software, including nearly a decade as a member of the Executive Board and CEO of publicly traded corporations such as Schneider Electric SE, as well as Chief Strategy Officer of Siemens AG. After completing an apprenticeship and earning a degree in electrical and automation engineering, he earned an MBA from Wake Forest University and completed the Advanced Management Program at Harvard Business School. His professional career includes stints at Mitsubishi Electric Corporation in Japan and various leadership positions at Siemens AG in Germany, China, and the U.S., before serving as CEO of Schneider Electric from 2023 to November 2024. Max Fowinkel has been with the Warburg Pincus Group for 20 years, more than ten of which as a partner. He advises the Warburg Pincus Funds primarily on growth investments in the software and technology sectors. He studied industrial engineering at the Technical University of Berlin and earned an MBA from Harvard Business School. Having worked for the Warburg Pincus Group for 20 years, he is currently Managing Director of Warburg Pincus Deutschland GmbH in Berlin and a member of the advisory board for several active portfolio companies of the Warburg Pincus Funds. Michael Kunz has 35 years of experience in providing tax advisory services for private equity transactions. He studied business administration at the University of Mannheim and began his professional career in 1988 at Arthur Andersen. Following the merger of Arthur Andersen with EY in 2002, he served as a partner at, working as a tax advisor and certified public accountant, most recently as Private Equity Markets Leader for Germany. Since 2020, he has been advising private equity funds and their portfolio companies on transactions and restructurings through MK PE Consult GmbH, which he founded. In this capacity, Michael Kunz also serves as a member of the advisory board for several active investments of the Warburg Pincus Funds. The previous Chairman of the Supervisory Board, Prof. Dr. Uwe Hack, as well as Supervisory Board members Professor Dr.-Ing. Wilhelm Jaroni and Dr. Georg Tacke, had resigned from their positions on the Supervisory Board effective at the end of this year’s Annual General Meeting, making new elections necessary.

PSI Software SE Stock Price

PSAN Share Price Performance

PSAN Community Narratives

Trending Discussion

Recently Updated Narratives

Snowflake Analysis

PSI Software SE Key Details

About PSAN

Recent PSAN News & Updates

PSI Software SE Se to Be Deleted from Frankfurt Stock Exchange

Psi Software Se Announces Supervisory Board Changes

New major risk - Revenue and earnings growth

Recent updates

PSI Software SE Competitors

ATOSS Software

Kontron

secunet Security Networks

CHAPTERS Group