Navya Announces the Issuance of the 3rd Tranche for €2.0 Million as Part of the Financing Program Concluded with Negma for a Maximum Amount of €36 Million* - Seite 2

The impact of dilution is detailed in section 9 of the offering memorandum.

The details of the new shares issued following the issue of the 1^st two tranches of convertible bonds into shares with warrants and of the commitment fee are presented in the attached table: https://www.navya-corp.com/images/PDF/docs/gb/Navya_PR_15112022_OCABSA ...

There have been no significant events concerning the results or the financial situation of the Company since the information presented in the prospectus approved on November 10^th, 2022.

Following the issue of the first three tranches of convertible bonds into shares with warrants on July 20^th, 2022, October 20^th, 2022 and November 15^th, 2022, the Company still has a maximum issue amount of €30.250 million, which should enable it to cover its estimated cash requirements over the next 12 months if the conditions for issuing the convertible bonds into shares with warrants are met.

About NAVYA
Created in 2014, NAVYA is a leading French name specialized in the supply of autonomous mobility systems and associated services. With 280 employees in France (Paris and Lyon), in the United States (Michigan) and in Singapore, NAVYA aims at becoming the leading player in Level 4 autonomous mobility systems for passenger and goods transport. Since 2015, NAVYA has been the first to market and put into service autonomous mobility solutions. The Autonom Shuttle, main development axis, is dedicated to passenger transport. Since its launch, more than 200 units have been sold in 25 countries as of 31 December 2021. The Autonom Tract is designed to goods transport. Engaged in an ambitious CSR approach, the Company has an active policy in this area, as illustrated by the obtaining of the ISO 9001 certification in September 2021. The Valeo and Keolis groups are among NAVYA's historical shareholders.

NAVYA is listed on the Euronext regulated market in Paris (ISIN code: FR0013018041- Navya).
Further details: www.navya.tech

*Subject to conditions: see prospectus approved by the AMF on 30/09/22

View source version on businesswire.com: https://www.businesswire.com/news/home/20221115006274/en/

The Navya Stock at the time of publication of the news with a raise of +5,34 % to 0,186USD on Tradegate stock exchange (14. November 2022, 22:26 Uhr).