Sliedrecht/London, 31 January 2014 – AI Avocado B.V. (the “Offeror”), a company ultimately indirectly controlled by funds advised and managed by Advent International Corporation (“Advent”), and UNIT4 N.V. (“UNIT4”) jointly announce that the Offeror has obtained regulatory clearance from the European Commission and the Federal Trade Commission and Antitrust Division of the US Department of Justice in connection with the Offeror’s recommended allcash public offer for all the issued and outstanding ordinary shares in the capital of UNIT4 (the “Offer”). As a result, the offer condition in relation to competition clearance has been satisfied.

Further information
Holders of shares in the capital of UNIT4 shall have the opportunity until 28 February 2014 17:40 hours CET to tender their shares under the Offer, unless the offer period is extended.
The Offeror is making the Offer on the terms and subject to the conditions and restrictions contained in the Offer Memorandum, dated 20 December 2013. In addition, UNIT4 has made available the Position Statement, containing the information required by Article 18, paragraph 2 and Annex G of the Decree in connection with the Offer.
This announcement contains selected, condensed information regarding the Offer and does not replace the Offer Memorandum and/or the Position Statement. The information in this announcement is not complete and additional information is contained in the Offer Memorandum and the Position Statement.
Shareholders are advised to review the Offer Memorandum and the Position Statement in detail and to seek independent advice where appropriate in order to reach a reasoned judgment in respect of the Offer and the content of the Offer Memorandum and the Position Statement.
Copies of the Offer Memorandum are available free of charge at the offices of the Offeror, UNIT4 and the Paying and Exchange Agent and can be obtained by contacting the Offeror, UNIT4 or the Paying and Exchange Agent.
Digital copies of the Offer Memorandum are available on the websites of UNIT4 (www.unit4.com) and Advent (www.adventinternational.com). The UNIT4 and Advent websites do not constitute a part of, and are not incorporated by reference into, the Offer Memorandum. Digital copies of the Position
Statement are available on the website of UNIT4 (www.unit4.com).