iesy Repository GmbH - Irish Stock Exchange

Our Corporate and Financing Structure
The following chart sets forth a simplified summary of our corporate and financing structure.
(1) For information on our shareholders, see “Security Ownership.”
(2) TopCo is a société en commandite par actions organized under the laws of Luxembourg.
(3) The Notes were issued as Euro Notes and Dollar Notes in a total aggregate amount equivalent to €360.1 million. Each
of the Euro Notes and the Dollar Notes constitutes a separate series of Notes but will be treated as a single class of
securities for all purposes under the Indenture.
(4) iesy Repository is a holding company that conducts no activities other than the payment of certain fees to shareholders
and of certain salaries to management. Following the completion of the ish Acquisition, iesy Repository’s equity
interests in iesy Hessen, New iesy and iesy GP were pledged to secure obligations under the Senior Credit Facilities on
a first priority basis and to secure the obligations under the Subordinated Bridge Facility and the Existing Notes on a
second priority basis (pursuant to an intercreditor agreement). Following the completion of the ish Acquisition, the
existing proceeds loan made with the gross proceeds of the Existing Notes (the “Existing Proceeds Loan”) were
pledged to secure obligations under the Senior Credit Facilities on a first priority basis and to secure the obligations
under the Subordinated Bridge Facility and the Existing Notes on a second priority basis (pursuant to an intercreditor
agreement). Upon completion of the offering of the Notes, the senior subordinated loan in respect of the proceeds from
the Subordinated Bridge Facility (the “Bridge Proceeds Loan”) will be amended to reflect that the Subordinated Bridge
Facility has been repaid but that iesy Hessen remains obligated to iesy Repository for the same amount, and such
amended proceeds loan will be pledged to secure the obligations under the Notes and the pledge of such proceeds loan
to secure the obligations under the Subordinated Bridge Facility will be released at such time. In addition, on the
closing of the offering, the Existing Proceeds Loan and iesy Repository’s equity interests in iesy Hessen, New iesy and
iesy GP will be pledged to secure the Notes on a second priority basis (pursuant to an intercreditor agreement).
(5) New iesy is a holding company that conducts no activities other than entering into certain employment agreements and
related arrangements. Following the completion of the ish Acquisition, New iesy’s equity interests in iesy Hessen and
iesy GP were pledged to secure obligations under the Senior Credit Facilities on a first priority basis and to secure the
obligations under the Subordinated Bridge Facility and the Existing Notes on a second priority basis (pursuant to an
intercreditor agreement). On the closing of the offering of the Notes, New iesy’s equity interests in iesy Hessen and
iesy GP will be pledged to secure the Notes on a second priority basis (pursuant to an intercreditor agreement) and the
pledge of such equity interests to secure the obligations under the Subordinated Bridge Facility will be released.
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