Exxe Group Announces New Roadmap to Maximize Shareholder Value

Exxe is set to commence a spin-off program of up to 4 of its current businesses to shareholders

Targeted spin-offs are in Exxe's furniture/design, medical, automotive, and real estate divisions

The objective of these transactions is to maximize overall value for Exxe investors

The first spin-off date and subsequent events will be announced in December 2022

NEW YORK, NY / ACCESSWIRE / December 7, 2022 / Exxe Group, Inc. (OTC PINK:AXXA), ("Exxe" or the "Company") a diversified fintech company, is pleased to announce the first stage of the Company's new investor-centric, corporate roadmap, whose early implementations have recently commenced. Management believes that these spin-off events will be transformative, directly benefitting the Company and its shareholders. Exxe is finalizing the timeline of events and mechanics related to the events and the Company will announce these milestones later this month.

Spin-off Objective Designed to Build and Extract Value

Exxe Group leadership has reviewed a series of options related to audits for the whole company in an effort to become fully reporting which could serve as a catalyst or precursor to a proper revaluation of its overall market value. Given the complexity of auditing some of its foreign assets and businesses, Exxe determined that the best near-term approach is to audit core assets individually rather than the firm as a whole. Since it is not uncommon for the "sum of the parts" to be afforded more favorable values than the conglomerate, management has elected to enter into a multi-step public spin-off strategy to maximize shareholder value. It is currently estimated that the process of each spin-off will take 6-12 months.

The Stages, The Mechanics

The Exxe spin-off strategy consists of a series of steps and mechanics, with firm details and timetables to be announced in December 2022, January 2023. In the interim, shareholders should be aware of the following stages and events for the first spin-off. It is expected that the following events will follow a similar timeline.

Stage 1: Exxe will set up a "NewCo" in which daskonzept group and other related technologies will reside. Exxe believes that the current interrelationships between the fast-growing daskonzept group and other Exxe technologies position Exxe with an unusual competitive advantage that it plans to continue to exploit.

Stage 2: Mechanics of the spin-off to shareholders, including its form, such as a dividend, percentage ownership breakdowns, etc. will be finalized.

Stage 3: An ex-dividend date and record date for ownership of shares will be finalized so that current and prospective investors can participate in the ownership and spin-off of NewCo. It is currently estimated that this date will be in the next 90 days.