Logility Announces Withdrawal of Unsolicited Proposal by Bidder

Staff Report From Georgia CEO

Tuesday, March 11th, 2025

Logility Supply Chain Solutions, Inc. (Nasdaq: LGTY) (“Logility” or the “Company”), a leader in AI-first supply chain management software, today announced that the unsolicited non-binding proposal to acquire all outstanding shares of Logility’s common stock, previously announced on March 7, 2025 (the “Unsolicited Proposal”), has been withdrawn by the bidder. As a result, Logility has ceased discussions with the bidder regarding the Unsolicited Proposal.

Logility’s definitive agreement to be acquired by Aptean, Inc. (“Aptean”) for $14.30 per share in an all-cash transaction remains in full force and effect. The Logility Board of Directors reaffirms its existing recommendation that Logility’s shareholders vote in favor of the transaction with Aptean.

Lazard is serving as financial advisor to Logility, and Jones Day is serving as legal counsel.