iQ Power Licensing AG

Changes required for Agenda of the Annual Shareholders´ Meeting on September 28, 2018 in Zug - Seite 2

The company auditors have completed a third party expert objective evaluation of the economic value of Engenavis, Inc., which was performed by an expert US appraisal company, Rushton Atlantic LLC, Chicago, Illinois. The valuation shows a discounted value of approximately USD 88 million for Engenavis Inc. Post-amalgamation, iQ Power Licensing shareholders will have approximately 49% of the new company and Engenavis will be of around 51%.

Timing for all necessary contracts is on plan but very tight due to the intensive investigations necessary to assure legal compliance and veracity of all information required for the transactions.

Ancillary changes, such as the change of headquarters to Zurich and the change of the name will be delayed. It is anticipated that the reduction in the number of shares outstanding will take place in Q1, 2019 with the listing on the regulated market In Germany, which will allow trading on the Frankfurt XETRA electronic stock exchange. The change of the name of the company will occur at the same time.

All resolutions at the shareholders´ meeting held on September 28, 2018 in Zug, are available in detail on the iQ Power website under section investor relations, together with the revised invitation for the Annual Shareholder ` s Meeting 2018.

Background to the resolutions in the agenda of the Annual Shareholders' Meeting:
The US-company which will be amalgamated into iQ Power Licensing AG is Engenavis Inc., Delaware, USA. Engenavis (ENG) is headed by star investor, George Weiss. The company features several start-up business units centering around environmentally-friendly technologies, including anti-idling fuel savings technology and mobile solar energy units. The technology section for no emission waste and used tyre recycling as well as the other business units, will be 100% owned subsidiaries of iQ Power Licensing AG.

George Weiss, Chairman of Engenavis is arranging a bridge financing from an institutional finance company for USD 14 million, which will be directly loaned to iQ Power Licensing AG (IQPL) to fund the new company and business expansion. The USD 14 million bridge financing is planned to be replaced by a large investment (equity money) to be made in early 2019. For this effort, the company will be bringing on board Mr. Scott Anchin, an experienced New York capital markets professional into the role of Board Member and interim CFO.