Proposed Acquisition by ADB BVBA of Safegate International AB

Parties Involved

• ADB BVBA

• Safegate International AB

Focus of Commitments/ Remedies

To address the concerns that the merged entity may: (1) increase prices significantly post-merger; (2) reduce the supply of spare parts and technical support to customers; (3) “lock in” party contractors and suppliers in Singapore using exclusive agreements; or (4) retroactively terminate or jeopardise agreements that have been concluded pre-merger.

*Please direct any complaint in relation to non-compliance of the commitments to the appointed Monitoring Trustee, Grant Thornton UK Advisory & Tax LLP (formerly known as Grant Thornton UK LLP), via Craig.Reed@uk.gt.com.

Start Date of Commitments/ Remedies

23 February 2016

End Date of Commitments/ Remedies

Pricing Commitment
For New Products – 22 February 2020 

Pricing Commitment
For Spare Parts for Existing Products – 22 February 2026, voluntarily extended by ADB Safegate BV to 22 February 2030 

Pricing Commitment
For Spare Parts for New Products – 10 years from the date of delivery of each New Product (does not extend beyond 22 February 2030) 

Supply of Spare Parts - 22 February 2026, voluntarily extended by ADB Safegate BV to 22 February 2030

Not to enter into any agreements with any contractor or supplier in Singapore which prevent contractors or suppliers from carrying, promoting or offering alternative competing products and services
– 22 February 2020

Ensure that any contracts or agreements relating to the sale of specific products entered into between ADB, Safegate or another party and an airport operator in Singapore continue in full force
– No end date specified