EQS-Adhoc: ESPG AG offers holders of bond 2018/2023 an exchange and issues new bond 2023/2026 with a volume of up to EUR 46.626 million

Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 (MAR)

ESPG AG offers holders of bond 2018/2023 an exchange and issues new bond 2023/2026 with a volume of up to EUR 46.626 million

Cologne, June 9, 2023. The executive board of ESPG AG ("ESPG AG" or the "Company"), with the approval of the supervisory board of ESPG AG, has decided to issue a new unsecured bond (ISIN: DE000A351VD7) with a volume of up to Euro 46.626 million, a denomination (nominal amount) of Euro 1,000.00 and a term of three years (bond 2023/2026). The bond bears interest at 9.50% p.a.

The offer for the new bond 2023/2026 will be made by way of a public exchange offer. Under the public exchange offer, holders of the outstanding bond 2018/2023 (ISIN: DE000A2NBY22) can exchange their bonds for the new bond 2023/2026 at a ratio of 1 to 1.

The public exchange offer is directed exclusively at investors who acquire securities for a minimum amount of Euro 100,000.00 per investor.

The public exchange offer, which is expected to be published on the Company's website at www.espg.space/investor_relations/ on June 12, 2023, will commence on June 13, 2023, and is expected to end on June 30, 2023, 6:00 p.m. (CEST) ("Exchange Period").

Like the 2018/2023 bond, the 2023/2026 bond is to be included in the Regulated Unofficial Market of the Frankfurt Stock Exchange.

Existing bondholders who wish to exchange their bonds of the 2018/2023 bond can submit binding exchange offers via their custodian bank within the exchange period using the form provided by the custodian bank. The exchange agent is Quirin Privatbank AG, Frankfurt am Main, Germany.

Important notes
This publication may not be published, distributed or circulated in the United States of America, Canada, Australia or Japan. It does not constitute an offer or solicitation of an offer to purchase or subscribe for any securities in the United States, Australia, Canada or Japan or in any jurisdiction in which such offer or solicitation would be unlawful.

This publication constitutes neither an offer to sell nor a solicitation to buy securities of the Company.

This publication does not constitute an offer of securities for sale in the United States. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The securities may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the Securities Act. There will be no public offering of these securities in the United States.

1653029  09-Jun-2023 CET/CEST