SCHEDULE 13G/A: Canada Pension Plan Investment Board Amends Significant Stake in Sportradar Group AG

Canada Pension Plan Investment Board (CPPIB) has filed an amended Schedule 13G, disclosing a continued beneficial ownership of 30.9% in Sportradar Group AG's Class A Ordinary Shares.

Summary

• Canada Pension Plan Investment Board (CPPIB) has filed an Amendment No. 3 to its Schedule 13G regarding its beneficial ownership in Sportradar Group AG.
• CPPIB beneficially owns 68,171,745 Class A Ordinary Shares of Sportradar Group AG.
• This ownership represents 30.9% of the Class A Ordinary Shares outstanding.
• The percentage is calculated based on 220,584,591 Class A Ordinary Shares outstanding as of April 21, 2025, as reported in Sportradar Group AG's prospectus supplement filed on April 24, 2025.
• The shares are directly held by CPP Investment Board Europe Inc. ("CPP Europe"), a wholly owned subsidiary of CPPIB.
• CPPIB has shared voting and shared dispositive power over these 68,171,745 shares.
• A new Power of Attorney, effective November 14, 2024, has been executed by CPPIB, superseding a previous one from February 14, 2024, granting authority to Kathryn Daniels, Logan Willis, and Pierre Abinakle to execute SEC filings on its behalf.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing disclosing beneficial ownership. It does not convey positive or negative sentiment about the issuer's performance, but rather a factual update on an investment stake.

Positives

• CPPIB maintains a significant 30.9% stake in Sportradar Group AG, indicating continued confidence in the company.
• The filing clarifies the beneficial ownership structure, with shares held through a wholly-owned subsidiary, CPP Investment Board Europe Inc.

Future Outlook

The document is a regulatory disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Sportradar Group AG's future performance or CPPIB's investment strategy beyond the ownership stake.

Management Comments

• "CPPIB grants to each Attorney-In-Fact full power and authority to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as CPPIB might or could do if personally present."
• "This Power of Attorney shall remain in full force and effect until either revoked in writing by CPPIB or until such time as the person to whom power of attorney has been hereby granted ceases to be an employee of CPPIB."
• "This Power of Attorney supersedes and replaces the Power of Attorney in respect of Exchange Act Filings executed by CPPIB on February 14, 2024."

Industry Context

This filing is a standard regulatory disclosure by a large institutional investor, Canada Pension Plan Investment Board, updating its significant passive stake in Sportradar Group AG. It reflects CPPIB's ongoing investment in the sports data and technology sector, a growing industry driven by increasing demand for sports betting and media content.

Related Party Transactions

• The filing clarifies that the 68,171,745 Class A Ordinary Shares are directly held by CPP Investment Board Europe Inc. ("CPP Europe"), which is a wholly owned subsidiary of the Reporting Person, Canada Pension Plan Investment Board.

Stakeholder Impact

• Shareholders of Sportradar Group AG are informed of the continued significant ownership stake held by a major institutional investor, Canada Pension Plan Investment Board, which may be viewed as a sign of stability and long-term interest in the company.

Key Dates

Keywords

Sportradar Group AG, Canada Pension Plan Investment Board, CPPIB, Schedule 13G/A, Beneficial Ownership, Class A Ordinary Shares, H8088L103, Institutional Investor, Equity Stake, SEC Filing