Saturn Parent Limited

The principal activity of the Company continued to be that of a holding structure to facilitate the acquisition of Sectigo Limited and its subsidiaries. The principal activity of the group is that of a Certificate Authority (“CA”) and internet security organization that provides internet security solutions for businesses and consumers worldwide. Since its inception in 2000, Sectigo has created or acquired a total of 16 publicly trusted roots that are used to issue secure sockets layer (“SSL”) certificates. Sectigo is headquartered in New Jersey, U.S., and has global offices in the U.S., the United Kingdom, France, Netherlands, Canada, India, and Japan. Sectigo has four core product offerings: (1) direct sale of SSL certificates; (2) white-label capable webhost management software for SSL partner sales; (3) enterprise-level SSL certificate management software; and (4) website backup, monitoring, and restore services. Sectigo enables security, trust, and compliance for its customers through a comprehensive suite of digital certificate solutions for a variety of applications and use cases. Sectigo’s tools help customers establish trust with end users who face critical online challenges such as establishing, maintaining, and verifying secure connections; identifying and avoiding spoofed websites; avoiding phishing attacks; and combating data exfiltration. Sectigo offers web, email, code signing, and Internet of Things certificates. Additionally, Sectigo delivers security, trust, and compliance solutions for customers. It also helps companies encrypt data in transit between users’ browsers and businesses’ servers, establish trust with end users by verifying the site’s legitimacy and providing assurance that sensitive information will be treated appropriately, and maintain compliance to conduct e-commerce. During the year, the Company acquired 100% of the issued and outstanding shares of Sitelock Intermediate Holdings, LLC (“Sitelock”), for total consideration of $115.3 million (the “Sitelock Acquisition”). The Sitelock Acquisition was completed on February 22, 2021, and was funded with a $30.0 million issuance of share capital including share premium, $90.0 million in borrowings under the group’s credit facilities, and cash in bank. Sitelock is headquartered in Scottsdale, Arizona, and provides website security protection and monitoring solutions. The Sitelock Acquisition was targeted at expanding the Group’s product capabilities, partner network, and customer base. The Company’s consolidated financial statements include the financial results of Sitelock from the acquisition date of February 22, 2021. In addition to the issuance of shares in connection with the Sitelock Acquisition, the shareholders contributed $1.1 million to the Company, which is not repayable and has been accounted for as a capital contribution.