Good Brands AG resolves capital increase from authorized capital.

On the basis of the authorized capital pursuant to § 4 para. 7 of the articles of association of the company (Genehmigtes Kapital 2018), the management board of Good Brands AG, Mannheim, HRB 724435 (the “company”), has resolved a further capital increase with the approval of the supervisory board, partially utilizing the authorized capital. The share capital will be increased from currently EUR 850,000 against cash contributions by up to EUR 80,000 to up to EUR 930,000 through the issue of up to 80,000 new registered no-par-value shares with a proportionate amount of the share capital of EUR 1.00. The issue price for the new shares is EUR 16.00. The new shares carry dividend rights from the beginning of the current financial year. The capital increase is carried out in the form of a subscription offer with a subscription period of two weeks at a subscription ratio of 1:11. The subscription right for fractional amounts was excluded.

The expected inflow of funds is intended to finance the further growth targeted by the company.

Disclaimer

This announcement constitutes neither an offer to sell nor an invitation to buy or to subscribe for securities of Good Brands AG. No public offer has been or will be made in connection with the transaction and no prospectus has been or will be published.

The new shares and the subscription rights are not and will not be registered either under the provisions of the United States Securities Act of 1933 as amended or with the securities regulators of individual states of the United States of America. The new shares and the subscription rights may not be offered or sold in the United States of America or delivered there directly or indirectly.