Placement of convertible bond.

Good Brands AG has placed a convertible bond with a total volume of EUR 1.6 million (ISIN DE000A2G8TL6).

The convertible bonds issued, with a total nominal amount of EUR 1.6 million, are divided into 16 bearer bonds of equal rank among themselves with a nominal amount of EUR 100,000.00 each. The bonds bear interest on their nominal amount at 5.0% per year from 15 February 2018 (inclusive). The interest is payable quarterly in arrears on 15 May, 15 August, 15 November and 15 February of each year. The first interest payment is due on 15 May 2018. The bonds will be repaid on 15 February 2021 at their nominal amount plus interest accrued on the nominal amount up to the maturity date (exclusive), unless they have been repaid, converted or bought back before that.

The issuer grants every bondholder the right to convert, at any time during the exercise period, in whole but not in part, into bearer ordinary shares of the issuer with a proportionate amount of the issuer’s share capital of EUR 1.00 attributable to one share as at the issue date. The conversion price per share is EUR 21.51. The conversion right may be exercised by a bondholder from and including 02 January 2021 until five business days before the maturity date inclusive.