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Ad hoc – Temenos Announces the Sale of Multifonds for About USD 400 Million

Temenos AG (SIX: TEMN), the banking software company, today announces it has signed an agreement to sell Multifonds, its fund administration software business, to Montagu Private Equity, a leading European private equity firm, for a total Enterprise Value of about USD 400 million including an earnout. The Multifonds executive management team will invest alongside Montagu.

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Jessica Wolfe

Temenos Global Public Relations

+1 610 232 2793 [email protected]

Alistair Kellie & Andrew Adie

Newgate Communications for Temenos

+44 20 7680 6550 [email protected]