Bär & Karrer Ltd

On 21 January 2026, the successful completion of the sale of UBS Switzerland AG's ("UBS") 50% stake in Swisscard AECS GmbH ("Swisscard") to American Express Swiss Holdings GmbH was published in the Swiss Official Gazette of Commerce. Previously, UBS and Swisscard had successfully completed the transition of Swisscard's Credit Suisse branded card portfolios to UBS. Bär & Karrer acted as legal advisor to UBS in this transaction. The team was led by Vera Naegeli and included Rolf Watter, Linus Zweifel, Matthias Tanner, Fabian Schlegel and Morris Rigling (all M&A and Corporate & Commercial), Susanne Schreiber, Cyrill Diefenbacher, Fabian Capt and Martin Leu (all Tax), Daniel Flühmann and Christina Werren (both Regulatory), Mani Reinert and Martin Werner (both Competition), Lukas Roesler (Finance), Cinzia Catelli, Predrag Sunaric and Yves Tjon-A-Meeuw (all Litigation) as well as Laura Widmer (Employment). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Worthington Steel (NYSE: WS), a metals processor that partners with customers to deliver highly technical and customized solutions, entered into a Business Combination Agreement with Kloeckner & Co (XETR: KCO), a leading service center and metal processing company with facilities across North America and Europe. Bär & Karrer acts as Swiss legal advisor to Worthington Steel. The team is co-led by Christoph Neeracher and Philippe Seiler and further includes Ronny Schmid, Nick Aschwanden and Dennis Loki (all M&A), Laura Widmer and Sandra Schaffner (both Employment), Faton Aliu and Dominique Simmen (both Finance), Ruth Bloch-Riemer and Sébastien Di Natale (Social Security), Patrick Neher (Real Estate) and Katharina Cardon (Data Protection). The international lead is with Latham & Watkins LLP. The team of Latham & Watkins LLP is led by Dr. Rainer Traugott (Munich). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Nxera Pharma Co. Ltd, listed on the Tokio Stock Exchange, has entered into an exclusive licensing agreement with Santhera Pharmaceuticals under which Nxera will commercialize the drug AGAMREE® in Japan, South Korea, Australia and New Zealand. Concurrently, Nxera invests in SIX-listed Santhera Pharmaceuticals Holding AG. Bär & Karrer acted as legal advisor to Nxera Pharma regarding the investment and Swiss law aspects of the license. The team was co-led by Luca Jagmetti (M&A) and Urs Kägi (Capital Markets) and included Oliver Brupbacher (Life Science), Markus Wang (IP), Matthias Tanner (Capital Markets) and Sebastian Sutter (M&A).

In connection with a carve-out process, the Ortlinghaus Group sold its EM+H Division, which encompasses among others the production and sale of electromagnetic brakes and clutches as well as pneumatic toothed clutches and other trade goods to Stüwe Switzerland AG, a group company of Stüwe GmbH &Co. KG. The transaction has already been completed. Bär & Karrer acts as legal advisor to the Ortlinghaus Group in this carve-out process. The team of Bär & Karrer is co-led by Christoph Neeracher and Philippe Seiler and includes Li Wei Dutler and Markus Mezger (both M&A), Rocco Rigozzi and Corina Moschen (both Real Estate), Laura Widmer (Employment), Raoul Stocker and Fabian Capt (both Tax) Markus Wang and Christine Schweikard (both IP/IT) as well as Ruth Bloch-Riemer (Social Security).    

Allurity, a leading European group of cybersecurity service providers, acquired Monti Stampa Furrer & Partners Group (MSF Partners), an operational technology (OT) security firm specialized in safeguarding critical business assets and infrastructure including manufacturing plants, hydro dams, energy generation and mining facilities, and other essential systems that societies rely on. The transaction was closed on 31 October 2025. The acquisition strengthens Allurity’s position as a comprehensive cybersecurity group covering the entire cybersecurity lifecycle – from risk identification and prevention to detection, response, and recovery. Becoming part of Allurity gives MSF Partners the strength of a leading European cybersecurity group and access to new markets. Bär & Karrer advised Allurity on all Swiss legal aspects of the transaction, alongside Cederquist as lead counsel. The Bär & Karrer team was co-led by Peter Hsu (M&A/ Banking, Insurance & Finance) and Christian Kunz (Technology & Data Protection) and further included Ferdinand Rombach, Katharina Cardon (both Technology & Data Protection), Christina Y. Werren, Philipp Theiler and Luiza Gjura (all M&A / Banking, Insurance & Finance), Christine Schweikard (IP), Laura Widmer, Marc Paronitti (both Employment), and Christoph Suter, Ruth Bloch-Riemer, Joelle Cruz (all Tax). The Allurity Team consisted of Niklas Bromé, Ulf Hage and Maria Lörne.

Zurich, Switzerland, 30 December 2025 The Euronext-listed Synergie SE has signed an agreement to acquire a majority stake in House of Flexwork AG. House of Flexwork AG is a leading Swiss staffing agency operating under the brands Induserv, Hardworker and Payroll House, providing temporary and payroll services to a diversified client base. Bär & Karrer advises Synergie Group in this transaction. The team is co-led by Christoph Neeracher and Luca Jagmetti and further includes Ronny Schmid and Markus Mezger (all M&A), Susanne Schreiber, Donjeta Beka and Sandro Berchtold (all Tax), Manuel Schmid (Employment), Dominique Simmen (Financing), Ferdinand Rombach (Data Protection) and Corina Moschen (Real Estate). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Omnidocs Group ApS (Denmark), a portfolio company of Main Capital Partners and a provider of document creation software, has acquired all shares in officeatworkAG. officeatwork AG is a provider of document creation solutions. Bär & Karrer acted as legal advisor to Omnidocs Group ApS (Main Capital Partners) in this transaction. The team was led by Raphael Annasohn and included Julian Lindt and Katarina Skoric (all M&A), Susanne Schreiber, Martin Leu, Alessia Suter and Christina Fricker (all Tax), Faton Aliu and Jorgos Boulamatsis (both Financing), Laura Widmer, Sandra Schaffner and Manuel Schmid (all Employment), Markus Wang and Christine Schweikard (both IP), Christian Kunz and Katharina Cardon (both Data Protection), Rocco Rigozzi and Corina Moschen (both Real Estate) and Julia Eiholzer (Notarial Services).

Zurich, 15 December 2025 Bär & Karrer is pleased to announce the election of Abdul Carrupt, Predrag Sunaric and Stephanie Walter as partners, effective 1 January 2026. Predrag Sunaric specialises in domestic and cross-border litigation as well as arbitration. He advises Swiss and international clients, including individuals and corporations, on complex commercial disputes in sectors such as real estate, insurance, pharmaceuticals, employment, corporate law, and private wealth matters. As both counsel and arbitrator, he is active in both court proceedings and arbitration cases. Stephanie Walter advises and represents Swiss and international banks, insurance companies, asset managers, and other financial institutions in a broad range of regulatory and compliance matters. Her practice includes the licensing of new financial institutions (including FinTech firms) as well as advising on mergers and acquisitions in the financial sector. She frequently acts in internal corporate and regulatory investigations and in enforcement proceedings in Switzerland and abroad. Drawing on her practical experience in the financial services industry, Stephanie brings a strong market- and client-oriented perspective to her work. Abdul Carrupt specialises in white-collar crime, financial litigation, internal investigations, asset recovery, crisis management, and sports arbitration. He advises Swiss and international clients in complex cross-border criminal proceedings, especially in matters of money laundering, anti-bribery, and corruption and leads internal investigations and governance-related crisis work. He also supports clients with cybercrime and digital finance litigation. Senior Partner Susanne Schreiber stated: "We are pleased to announce Predrag, Stephanie, and Abdul's promotion to partners. Their advancement demonstrates our ongoing dedication to developing and retaining talented professionals as our firm continues to grow." For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

The US private equity investor SK Capital LP has acquired the Swixx BioPharma Group. The Swixx BioPharma Group is a leading global full-service partner in the distribution of biopharmaceutical products, particularly in Central and Eastern Europe and Latin America. Bär & Karrer is acting as counsel to SK Capital LP in this transaction. The team is led by Christoph Neeracher and Philippe Seiler and also includes Therry Lehmann, Thomas Rohde, Romina Lauper, Rahel Brüschweiler, Markus Mezger, Max Winnenburg (all M&A), Susanne Schreiber, Martin Leu, and Leotrim Berisha (Tax), Markus Wang and Christine Schweikard (IP/IT), Mani Reinert, Li Wei Dutler, and Martin Werner (Competition), Christian Kunz and Katharina Cardon (Data Protection), Markus Schott, Julia Stempfel, and Jan Grossniklaus (Regulatory), Rocco Rigozzi and Patrick Neher (Real Estate), Laura Widmer and Manuel Schmid (Employment), Ralph Malacrida and Colin Giezendanner (Financing), and Mariel Hoch (Public M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

The Tertianum Group is acquiring Senevita AG. This transaction will see two longstanding Swiss providers in the field of residential care and nursing for the elderly join forces. The Swiss Competition Commission (COMCO) has approved the transaction, which is scheduled to be completed in the first quarter of 2026. Bär & Karrer acts as legal advisor to Tertianum in this transaction. The team was led by Dr. Christoph Neeracher and Dr. Philippe Seiler and consisted of Ronny Schmid, Yascha Fengler, Dr. Luca Jagmetti, Björn Wegberg, Markus G. Mezger, and Leo Schall (all M&A), Susanne Schreiber, Martin Leu, Cyrill Diefenbacher, and Aron Liechti (all Tax), Corrado Rampini, Patrick Neher, Fanny Cattaneo, and Hannah Birchmeier (all Real Estate), Mani Reinert, Martin P. Werner, Li Wei Dutler, and Pietro Calcagni (all Antitrust), Laura Widmer and Luljeta Morina (both Employment), Markus Wang and Christine Schweikard (both IP/IT), Ruth BlochRiemer and Sébastien Di Natale (both Pensions), as well as Lukas Roesler (Financing). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

On 14 August 2025 Tecan Group Ltd. (SIX Swiss Exchange: TECN) successfully issued CHF 150 million 0.85% fixed rate domestic straight bonds due 2030. The bonds are listed and traded on the SIX Swiss Exchange. UBS Investment Bank and Zürcher Kantonalbank acted as joint lead managers, with Bank J. Safra Sarasin serving as co-lead manager. Bär & Karrer acted as legal advisor to Tecan. The team included Lukas Roesler, Ralph Malacrida and Selin Ickin (all Capital Markets and Corporate), as well as Susanne Schreiber and Lesia Tüchthuisen (both Tax).

L’Oréal, the world leader in beauty, acquires an additional 10% stake in Galderma Group AG (Galderma), the pure-play dermatology category leader and one of the world’s largest players in injectable aesthetics, from Sunshine SwissCo AG, Abu Dhabi Investment Authority, and Auba Investment Pte. Ltd. (a consortium led by EQT).  This transaction increases L’Oréal’s strategic stake in Galderma to 20% of the share capital. The transaction will be implemented by way of an off-market block trade with the EQT-led consortium. L’Oréal and Galderma will also explore reinforcing their existing scientific partnership. Bär & Karrer is acting as Swiss legal counsel for L’Oréal. The team includes Mariel Hoch, Dieter Dubs, Fabienne Perlini-Frehner, Marlene Lienau, Dominic Leu, Nick Wälti and Ben Tschigg (all M&A) and Mani Reinert (Antitrust) For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

The controlling shareholder of Campari Group, Luxembourg-based Lagfin S.C.A., completed through its Swiss branch a strategic investment in logol AG, a Swiss leader in AI and digital transformation focused on AI-driven, mission-critical SaaS solutions for professional services. Lagfin's equity investment marks a significant milestone for logol, providing funds to accelerate the development of EFFE Premium, an advanced wealth management platform designed for large-scale entities such as family offices, foundations, and endowment funds. Bär & Karrer acted as Swiss legal advisor to logol in this transaction. The team was led by Andrea Ziswiler (Corporate and M&A) and included Bryan Bruschi and Franco Singenberger (both Corporate and M&A) and Massimo Vanotti (Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected] Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Main Capital Partners, The Hague, Netherlands, is a leading software investor managing private equity funds and is active in the Benelux, DACH, France, the Nordics and the United States. With over 20 years of experience in strengthening its portfolio of software companies as a strategic partner, it has now acquired a majority stake in POLYPOINT AG. POLYPOINT AG, founded in 1986 and headquartered in Bern-Gümligen, Switzerland, is a provider of software solutions for workforce management and resource planning in the healthcare sector. Bär & Karrer acted as legal advisor to Main Capital Partners in this transaction. Raphael Annasohn led the team which included Julian Lindt and Dr. Katarina Skoric (all M&A), Susanne Schreiber, Martin Leu, Alessia Suter and Christina Fricker (all Tax), Faton Aliu and Dominique Simmen (both Financing), Laura Widmer and Nicola Schön (both Employment), Markus Wang and Christine Schweikard (both IP), Christian Kunz and Katharina Cardon (both Data Protection), Ruth Bloch-Riemer and Sébastien Di Natale (both Social Security), Rocco Rigozzi and Corina Moschen (both Real Estate) and Julia Eiholzer (Notarial Services).

Bär & Karrer advised TeamSystem S.p.A., a leading technology company specialized in digital solutions for management of businesses and professionals, on the acquisition of Arca24.com SA, a Swiss-based software house highly specialized in the development and commercialization of software and innovative services fordigitalization of HR processes, intended for employment agencies, recruitment firms and companies across all sectors. Bär & Karrer acted as Swiss legal advisor to TeamSystem S.p.A. in this transaction. The team was co-led by Paolo Bottini (Tax and M&A) and Andrea Ziswiler (Corporate and M&A) and included Bryan Bruschi and Franco Singenberger (both Corporate and M&A), Luca Castiglioni (Employment), Aron Liechti (Tax) as well as Massimo Vanotti (Notarial Services). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Gimv and EGS Beteiligungen AG reinforce their strategic support for SpineArt SAthrough the participation in a CHF 25 million capital increase. SpineArt SA is a global medtech innovator specialising in innovative solutions for spinal surgery. Bär & Karrer acted as legal advisor to Gimv in this transaction. The team of Bär & Karrer was led by Christoph Neeracher and Luca Jagmetti and further included Ronny Schmid, Aurèle Bertrand and Silvio Halter (all M&A), Susanne Schreiber and Martin Leu (both tax) as well as Lukas Roesler (financing). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

SMG Swiss Marketplace Group AG (SMG) was founded in November 2021 as a joint venture between Mobiliar, TX Group, Ringier und General Atlantic. With today's IPO of SMG, Mobiliar is reducing its shareholding to 19.3% and thus remains a significant shareholder in the leading online marketplace in Switzerland. Bär & Karrer acted as legal advisor to Mobiliar in the IPO of SMG. The team was led by Christoph Neeracher and Luca Jagmetti (both M&A) as well as Urs Kägi (Capital Markets) and further included Dieter Dubs, Florian Schweighofer (both Capital Markets), Sebastian Sutter, Aurèle Bertrand (both M&A), Susanne Schreiber, Fabian Capt (both Tax) as well as Mani Reinert (Antitrust). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, Switzerland, 9 September 2025 ETH Zurich has enacted a revised policy for ETH spin-offs and start-ups and for the first time implemented a dedicated Equity and Licensing Policy. With these measures, ETH establishes a transparent and founder-friendly framework designed to foster entrepreneurial activities of ETH members and enhance technology transfer to the public. In particular, founders can opt for an express licensing process with standard terms to expedite the launch of their venture. The revised framework also grants founders structured access to "E3", ETH's entrepreneurship ecosystem which offers mentorship, training programs, infrastructure access and investor networking opportunities. Bär & Karrer acted as legal advisor to ETH regarding the new regulations. The team was led by Luca Jagmetti and included Markus Wang (IP), Markus Schott (Public Law), Lukas Bründler and Björn Wegberg (both Corporate/M&A). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

Zurich, Switzerland, 9 September 2025 Bär & Karrer advised the shareholders of Tannenwald Holding AG on the acquisition of SPAR Holding AG from SPAR Group Ltd (South Africa). The team was led by Christoph Neeracher and Philippe Seiler and further includes Lukas Bründler, Djawad Kleist and Aurèle Bertrand (all M&A), Raoul Stocker, Fabian Capt and Aaron Liechti (all Tax), Lukas Roesler and Colin Giezendanner (both Financing), Markus Wang and Christine Schweikard (both IP/IT), Rocco Rigozzi and Corina Moschen (both Real Estate), Mani Reinert and Martin Werner (both Antitrust) as well as Laura Widmer and Nicola Schön (both Employment). For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]

DBAG Fund VIII, a private equity fund advised by Deutsche Beteiligungs AG (DBAG), has entered into an agreement to aquire MAIT Group from 3i Group plc. The transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2025. Headquartered in Rottweil, Germany, MAIT is a leading IT services provider for mid-market clients in the DACH region, offering digitalization solutions in Product Lifecycle Management (PLM), Enterprise Resource Planning (ERP) and IT services. With over 900 employees across 25 locations in Germany, Austria, Switzerland, and the Benelux countries, the company serves more than 7,000 clients, particularly in the manufacturing sector. Bär & Karrer is acting as Swiss legal advisor to DBAG in this transaction. The team is led by Raphael Annasohn and includes Julian Lindt, Sean Schläpfer and Fabian Uebelhart (all M&A), Sandra Schaffner (Employment), Mani Reinert and Martin Werner (both Competition), as well as Ruth Bloch-Riemer and Sébastien Di Natale (both Pension/Social Security). A&O Shearman, with a team led by Dr. Roman Kasten, is acting as international counsel to DBAG. For further information please contact: Media Relations, Eric Stupp Tel: +41 58 261 50 00 Email: [email protected]