Palace Bidco Oy ("WSIP Bidco") Announces a Recommended Cash Offer of SEK 165 Per Share to the Shareholders of Adapteo Plc ("Adapteo")

Palace Bidco Oy ("WSIP Bidco"), a private limited liability company formed on behalf of, and indirectly wholly owned by, West Street Global Infrastructure Partners IV, L.P. ("WSIP"), announces a recommended cash offer to the shareholders of Adapteo Plc ("Adapteo" or the "Company") to tender all their shares in Adapteo to WSIP Bidco (the "Offer"). The shares of Adapteo are admitted to trading on Nasdaq Stockholm, Mid Cap.