Mutares SE & Co. KGaA
Mutares considers issuing a new senior secured bond with a targeted volume of EUR 100 million

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, INTO OR IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH DISTRIBUTION OR PUBLICATION MAY BE UNLAWFUL. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

Mutares considers issuing a new senior secured bond with a targeted volume of EUR 100 million

Munich, 2 September 2024 – The Management Board of Mutares Management SE, the general partner of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) (“Mutares“) has decided today, with the approval of the Supervisory Board of Mutares Management SE, to consider the issuance of a new senior secured floating rate corporate bond with a targeted volume of EUR 100 million (“New Bond“). Arctic Securities AS and Pareto Securities AS (“Managers“) have been mandated to arrange a series of meetings with potential investors commencing 3 September 2024.

The New Bond would have a term of five years and would be governed by Norwegian law. The minimum subscription and allocation amount would in any case be EUR 100,000.00. The net proceeds from the potential New Bond issue will be used for general corporate purposes of the Mutares group, including working capital and acquisitions. Mutares may also consider to offer a conditional buy-back of the existing bond (ISIN NO0012530965) (“Existing Bond“), subject to the subscription in the New Bond.

In accordance with the terms and conditions of the Existing Bond, the bondholders of the Existing Bond (“Existing Bondholders“) are to be granted a right of first refusal. Thereafter, they may subscribe for a proportionate share of the New Bond corresponding to their share in the Existing Bond. For further information on the New Bond issue, the Existing Bondholders’ right of first refusal and the relevant application procedure, please contact the Managers.

The final decision on the New Bond issue will be taken by Mutares subject to market conditions and the outcome of the meetings with potential investors. Mutares will inform the capital market and the public about the progress of the transaction in accordance with legal requirements.

Important Notice

This release is an ad hoc notification pursuant to Article 17 of Regulation (EU) No 596/2014 on market abuse. It is neither a financial analysis nor advice or recommendation relating to financial instruments, nor does it contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities of Mutares to any person in Australia, Canada, Japan, or the United States of America (“United States“) or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

The securities referred to herein have not been and will not be registered under U.S. Securities Act of 1933, as amended (“Securities Act“) and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons, absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. Subject to certain exceptions, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. The offer and sale of the securities referred to herein has not been and will not be registered under the Securities Act or under the applicable securities laws of Australia, Canada or Japan. There will be no public offer of the securities in the United States.

Certain statements in this ad hoc notification are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. No one undertakes any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. You should not place any undue reliance on forward-looking statements which speak only as of the date of this ad hoc notification.

For further information:

Mutares SE & Co. KGaA
Investor Relations
Tel. +49 89 9292 7760
Email: ir@mutares.de
www.mutares.com

Contact Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 1250 90330
Email: sh@crossalliance.de
www.crossalliance.de

For further questions to the Managers, please contact:
Thomas Hasner
Head of DCM Norway, Arctic Securities
Email: th@arctic.com
Maximilian Moser
Partner, Investment Banking, Pareto Securities
Email: Maximilian.moser@paretosec.com