iQ Power Licensing AG

Changes required for Agenda of the Annual Shareholders´ Meeting on September 28, 2018 in Zug

Public disclosure of inside information according to article 17 MAR

Zug, Switzerland, 26 September 2018 (pta046/26.09.2018/21:55) - ,

* Reverse Split will be delayed due to legal technical reasons
* Name Change will be delayed
* Headquarters to remain in Zug, Switzerland
* Share capital increases in Swiss Franc remains roughly the same but the number of shares for the capital increases has been adjusted due to postponed reverse split
* Proposed amalgamation with Engenavis Inc., Delaware/USA to take place following completion of all financing prerequisites

iQ Power Licensing AG (ISIN: CH0268536338; WKN/Security Number: A14M1C; Symbol: IQL) a developer and marketer of technologies for environmentally friendly and technologically innovative starter batteries for motor vehicles and licenses in these technologies, announces some minor changes required for the Agenda of the Annual Shareholders´ Meeting on September 28, 2018 in Zug

The timing of the proposed amalgamation with Engenavis Inc. is extended and planned to occur as soon as all remaining prerequisites for the new funding have been cleared up. This is anticipated within a couple of weeks.

As stated recently the measure of a planned reverses split of 23:1 of shares in the new Swiss company after amalgamation with Engenavis Inc, Delaware, USA is subject to a final approval of the Swiss Federal Commercial Register in Bern, which was expected prior to the Annual Shareholders' Meeting. This approval by the Federal Commercial Register was unexpectedly not given due to legal technical reasons.

Due to the unexpected difficulties in receiving approval for the reverse split at the same time with the amalgamation this item and all related items have been eliminated or adjusted in the Agenda at the upcoming Annual Shareholders´ Meeting on September 28, 2018 in Zug. However, it is anticipated that the reduction in the number of shares outstanding will take place in early 2019.

Due to no reduction in the number of shares, the pre-amalgamation outstanding share capital of around 341 million shares will remain unchanged. Approximately 370 million shares will be created for issuance to Engenavis Inc. shareholders in exchange for 100% of the shares in Engenavis Inc. The iQ Power Licensing AG shares are being issued at a value of EUR 0,07/share, which represents a purchase price of just under EUR 26 million.