Continuity Foundation

An independent foundation, Stichting Continuïteit Cimpress, exists to safeguard the interests of Cimpress N.V. and its stakeholders and to assist in maintaining Cimpress’ continuity and independence. To this end, Cimpress has granted to the foundation a call option pursuant to which Stichting Continuïteit Cimpress may acquire a number of preferred shares equal to the same number of ordinary shares then outstanding, which is designed to provide a protective measure against unsolicited take-over bids for Cimpress and other hostile threats.