EQS-Adhoc The Social Chain AG: Intended implementation of a prospectus-free capital increase with subscription rights

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (COLLECTIVELY, "UNITED STATES") OR TO ANY U.S. PERSON (AS DEFINED BELOW), CANADA, AUSTRALIA OR JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION MAY BE UNLAWFUL OR IN WHICH THE OFFERING OF SECURITIES IS SUBJECT TO REGULATORY RESTRICTIONS. THERE ARE OTHER RESTRICTIONS. PLEASE SEE THE IMPORTANT NOTES AT THE END OF THIS PUBLICATION.

The Social Chain AG: Intended implementation of a prospectus-free capital increase with subscription rights

Berlin, May 25, 2023 – The Social Chain AG (ISIN DE000A1YC996; WKN A1YC99; stock exchange symbol: PU11) (hereinafter "TSC") intends to implement a capital increase without a prospectus against cash and non-cash contributions with subscription rights using the Authorized Capital 2022/I ("Capital Increase") in order to finance its business activities and to strengthen its equity base. Under the terms of the Capital Increase, the main shareholder and Chairman of the Management Board of TSC, Dr. Georg Kofler, shall be enabled to contribute existing shareholder loans by way of contribution in kind and to receive new shares in TSC in return. The remaining shareholders of TSC are to be given the opportunity to participate in the Capital Increase on a pro rata basis at the same subscription price against cash contributions as part of the subscription offer.