Jacobs Holding AG successfully placed 550,000 shares (approx. 10%) in

Barry Callebaut AG by way of an accelerated bookbuilding process and a

simultaneous private placement. Jacobs Holding thus diversified its portfolio

while remaining Barry Callebaut's reference shareholder with a stake of

approximately 40%. Jacobs Holding is an investment company founded by entrepreneur

Klaus J. Jacobs. The only economic beneficiary of Jacobs Holding is the Jacobs

Foundation, one of the world's leading charitable foundations for the promotion

of development opportunities for children and young people.

Bär & Karrer acted as legal advisor to Jacobs Holding on all aspects

of the transaction. The team included Rolf Watter, Roland Truffer, Alexander

von Jeinsen and Nadina Duss (all Capital Markets and Corporate/M&A),

Susanne Schreiber and Markus Mühlemann (Tax) as well as Mani Reinert and Tobias

Rebmann (Competition).