EQS-Adhoc: pferdewetten.de AG: pferdewetten.de AG considers issuing a bond to further finance the acquisition of retail shops for its own portfolio

Insider information pursuant to Article 17 MAR (ad hoc announcement)

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pferdewetten.de AG considers issuing a bond to further finance the acquisition of retail shops for its own portfolio

Düsseldorf, September 05, 2023

pferdewetten.de AG (ISIN: DE000A2YN777, DE000A30V8X3) intends to issue a bond with planned gross proceeds of up to EUR 35 million. The funds from the bond are to be used to finance the acquisition of a portfolio of retail shops (double-digit number) for the company's own portfolio. The aim is to generate around EUR 200,000 to EUR 800,000 EBITDA per retail shop, which would correspond to a total EBITDA of around EUR 8.0 million per year.

The pferdewetten.de Group has already delivered proof of concept in the second quarter of 2023 and acquired three shops for its own portfolio. In parallel, the company is further expanding its franchise network, which currently already comprises 76 sites.

The planned transaction is to be carried out within the parameters of a private placement and is aimed at institutional investors. The issue is planned for the fourth quarter of 2023, depending on prevailing market conditions.

Notifying person:

Pierre Hofer, Executive Board

Contact

pferdewetten.de AG

Phone: +49 (0) 211 781 782 10

E-mail: ir@pferdewetten.de

Investor Relations:

Better Orange IR & HV AG

Frank Ostermair

Phone: +49 (0) 89 8896906 14

E-mail: frank.ostermair@better-orange.de

Disclaimer

This communication is for informational purposes only and does not constitute an offer to buy, sell, exchange or transfer securities or the solicitation of an offer to buy securities of pferdewetten.de AG in the United States or any other jurisdiction. The securities of pferdewetten.de AG referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the ”Securities Act”), and may not be offered or sold in the United States absent an applicable exemption from the registration requirements of the Securities Act. Neither pferdewetten.de AG nor any other party to the transaction described herein intends to register any securities described herein under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States in connection with this announcement. The securities may not be offered in any jurisdiction under circumstances that would require the preparation or registration of a prospectus or offering materials relating to the securities in such jurisdiction.

Subject to certain exemptions under the Securities Act, the securities referred to in this announcement may not be offered or sold in Australia, Canada or Japan, or to, or for the account or benefit of, residents of Australia, Canada or Japan.

This announcement contains forward-looking statements that are subject to certain risks and uncertainties. Future results could differ materially from those currently anticipated due to various risk factors and uncertainties, including, among others, changes in business, economic and competitive conditions, currency exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. pferdewetten.de AG assumes no responsibility to update the forward-looking statements contained in this release.

1718697  05-Sep-2023 CET/CEST