Management and technology consulting firm Camelot Management Consultants, which has strengths in supply chain, data and analytics, has been acquired by Accenture. Terms of the deal, which was first announced in July this year, have not been disclosed. The acquisition is intended to bolster Accenture's ability to help clients improve their SAP and AI-driven supply chains. Camelot was founded in 1996 and is a leading SAP partner in Germany, Austria and Switzerland, with a broad portfolio of large and mid-size clients in the chemicals, life sciences, consumer goods and industrial manufacturing sectors.```html

Accenture Completes Acquisition of Camelot Management Consultants

MANNHEIM, Germany – Accenture (NYSE: ACN) has completed the acquisition of Camelot Management Consultants, an international SAP®-focused management and technology consulting firm from Germany, with specific strengths in supply chain, data and analytics. The acquisition further enhances Accenture’s SAP and AI-driven supply chain capabilities, helping clients build the intelligent and resilient supply chains that today's business landscape demands.

Details of the Acquisition

The acquisition of Camelot Management Consultants, previously announced on July 22, 2024, bolsters Accenture’s ability to drive the reinvention of its clients’ entire supply chains. Camelot also brings experience in analytics, data strategy and modernization, helping organizations build a strong foundation for accelerating the adoption of AI.

Camelot Management Consultants Overview

Founded in 1996, Camelot is a leading SAP partner in Germany, Austria and Switzerland with a broad client portfolio of large and midsize companies in the following industries:

• Chemicals
• Life Sciences
• Consumer Goods
• Industrial Manufacturing

With headquarters in Mannheim, Germany, Camelot also has offices in the United States, United Arab Emirates, Poland, Spain and Switzerland. Camelot brings a team of highly qualified professionals to Accenture, including SAP, data and supply chain experts.

Terms of the Agreement

The terms of the agreement have not been disclosed. Camelot also has an office in India. Due to administrative requirements in India, the completion of the acquisition of the shares in the Camelot India entity will occur at a later date.

Forward-Looking Statements

Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “aspires,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook,” “goal,” “target” and similar expressions are used to identify these forward-looking statements. These statements are not guarantees of future performance nor promises that goals or targets will be met, and involve a number of risks, uncertainties and other factors that are difficult to predict and could cause actual results to differ materially from those expressed or implied.

Risks and Uncertainties Include:

• The transaction might not achieve the anticipated benefits for Accenture.
• Accenture’s results of operations have been and may be adversely affected by volatile, negative or uncertain economic and geopolitical conditions.
• Accenture’s business depends on generating and maintaining client demand for the company’s services and solutions.
• Risks related to the development and use of AI could harm the company’s business.
• If Accenture is unable to attract and retain professionals with strong leadership skills, it may adversely affect the company’s results.
• Accenture faces legal and reputational risks from any failure to protect client and/or company data from security incidents.
• The markets in which Accenture operates are highly competitive.

About Accenture

Accenture is a leading global professional services company that helps the world’s leading organizations build their digital core, optimize their operations, accelerate revenue growth and enhance services—creating tangible value at speed and scale. We are a talent- and innovation-led company with 774,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world’s leaders in helping drive that change, with strong ecosystem relationships.

We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships.

We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities.

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