Press Release from the Competition Council regarding the concentration project involving the exclusive takeover by the company “ISGA Casablanca, S.A” of the company “COM’SUP, S.A.R.L” through the acquisition of the entire share capital and associated voting rights.

In accordance with Article 13 of Law 104-12 on freedom of prices and competition as amended and supplemented, and Article 10 of Decree No. 2-14-652 issued for its implementation, the Competition Council makes available to the public the “operation summary” below, containing information provided by the parties.

This information has been prepared by the notifying parties, who are solely responsible. Any inaccurate or distorted information contained therein does not in any way prejudge the Competition Council’s position on the proposed operation.

The publication of this press release does not attest to the completeness of the file provided for in Article 9 of Decree No. 2-14-652 implementing Law 104-12 on freedom of prices and competition.

Names of the companies and groups involved:

• The acquirer: Company “ISGA Casablanca, S.A”;
• The target: Company “Com’SUP, S.A.R.L”.Nature of the operation

– Exclusive control acquisition.

Economic sectors concerned

– Private higher education sector.

Deadline for interested third parties to submit their observations

– 10 days from the date of publication of this press release, i.e., May 2, 2023.

NON-CONFIDENTIAL SUMMARY OF THE OPERATION PROVIDED BY THE PARTIES

The proposed operation consists of ISGA Casablanca acquiring 100% of the social shares and voting rights of the company Com’Sup.

ISGA Casablanca is a Moroccan joint-stock company, active in private higher education and offers training in management and engineering professions.

Com’Sup is a Moroccan limited liability company, active in private higher education and specialized in communication-related training.

Done in Rabat on April 20, 2023.