Luxembourg, 13 May 2020 - TigerLuxOne S.à r.l. ("TLO"), an entity controlled by funds advised by Permira, has successfully placed 25 million shares in TeamViewer AG (“TeamViewer”) with institutional investors in an accelerated bookbuilding process. The placement price was € 41.00 per share. This represents approximately 12.5% of TeamViewer’s entire share capital. TLO remains TeamViewer’s largest shareholder, holding about 39.0% of TeamViewers share capital after the placement. In connection with the placement, TLO agrees to a lock-up period of 90 days.