Fluidra Commercial, S.A.U., an indirectly wholly-owned subsidiary of Fluidra, signed a share sale and purchase agreement by virtue of which it acquired one hundred percent (100%) of the share capital of the Danish company Swim & Fun Scandinavia ApS ("Swim & Fun").

Products portfolio added: Maintenance and Water treatment products, above ground pools and spas

Swim & Fun is a market leading distributor operating in the Nordic countries. Headquartered in Copenhagen, Swim & Fun supplies a wide assortment of maintenance and upgrade products, water treatment and above ground pools and spas, mainly for the mass market. In 2021, Swim & Fun reported revenues of DKK 225 million. Total consideration is defined as an upfront payment of DKK 157.9 million, already paid, plus potential future earn-out payments based on Swim & Fun's performance in the years 2023, 2024 and 2025, to be satisfied during 2026.

The purchase agreement signed also provides for the current management team of Swim & Fun to join Fluidra with an aim to continue Swim & Fun's successful trajectory since its foundation and to reinforce the Company's activities in the Scandinavian region.