Luxembourg, 4 March 2020 - TigerLuxOne S.à r.l. ("TLO"), an entity controlled by funds advised by Permira, has successfully placed 22 million shares in TeamViewer AG (“TeamViewer”) with institutional investors in an accelerated bookbuilding process. The placement price was € 32.00 per share. This represents approximately 11% of TeamViewer’s entire share capital. TLO remains TeamViewer’s majority shareholder, holding about 51.5% of TeamViewers share capital after the placement. In connection with the placement, TLO agrees to a lock-up period of 90 days.