Joint Press Release of Constellation Software Inc. and Topicus.com Inc. - Topicus.com Inc. completes Agreement to acquire 14.84% of Treasury Shares in the capital of Asseco Poland S.A.

On October 1, 2025, Constellation Software Inc. (TSX: CSU) and Topicus.com Inc. (TSXV: TOI) announced the successful completion of an acquisition by Topicus' subsidiary, TSS Europe B.V., which has acquired 14.84% of treasury shares in Asseco Poland S.A. (Asseco). This transaction follows Topicus's earlier acquisition of approximately 9.99% of Asseco's issued shares on January 31, 2025, and signifies a strategic move to enhance their influence within the Polish software market.

The partnership between Topicus and the Adam Góral Family Foundation, formalized through a shareholders' agreement announced on February 3, 2025, further aligns their interests as key stakeholders in Asseco. The agreement has now become effective with the acquisition of the treasury shares, potentially solidifying Topicus's position in the operational landscape of Asseco.

Topicus.com Inc. is recognized as a prominent provider of vertical market software across Europe, focusing on tailored software solutions for both public and private sectors. The company actively seeks to grow by acquiring and managing leading software firms that deliver mission-critical solutions, catering specifically to the nuanced requirements of their clients.

Constellation Software Inc., similarly, focuses on acquiring, managing, and developing vertical market software businesses that provide critical software solutions. Both companies are dedicated to fostering long-term growth in various European markets, leveraging their expertise to address specific market needs.

This acquisition marks a significant step in Topicus's strategy to expand its portfolio and solidify its presence in the software sector, particularly in Poland, where Asseco operates as a key player in the market.

The recent joint press release by Constellation Software Inc. (TSX: CSU) and Topicus.com Inc. (TSXV: TOI) regarding Topicus’ acquisition of 14.84% of treasury shares in Asseco Poland S.A. offers significant insights for investors assessing the vertical market software sector. This strategic move follows Topicus's earlier acquisition of 9.99% of Asseco's shares and highlights an increasing commitment to controlling significant equity in a key player within the European software landscape.

The completion of this transaction, along with the establishment of a shareholders' agreement with the Adam Góral Family Foundation, strengthens Topicus's position, potentially enabling it to influence major corporate decisions at Asseco. This could lead to enhanced operational synergies, shared technology advancements, and shared opportunities in client acquisition, further solidifying Topicus's foothold in a highly competitive market.

For investors, this acquisition suggests a robust growth trajectory for Topicus as it consolidates important assets. The vertical market software industry is increasingly recognized for its resilience and growth potential, particularly in public sector markets where specialized software is in high demand. Given the current macroeconomic conditions favoring digital transformation across various sectors, Topicus's aggressive acquisition strategy positions it well for long-term value creation.

From a market advice perspective, investors should consider maintaining or increasing their positions in Topicus.com given its strategic acquisitions and partnerships that reflect a proactive growth strategy. Constellation Software, on the other hand, remains a solid investment opportunity due to its diversified acquisition model and strong track record in managing vertical market software companies.

Overall, both companies exhibit strong fundamentals and growth potential, making them attractive options for investors seeking exposure to the evolving software market landscape in Europe.