Shareholders of Meyer Burger approve rights issue of around CHF 200 million and support the expansion of the production and distribution structures in the United States

Meyer Burger Technology AG / Key word(s): AGMEGM/Capital Increase Shareholders of Meyer Burger approve rights issue of around CHF 200 million and support the expansion of the production and distribution structures in the United States 18.03.2024 / 19:06 CET/CEST Media release

Thun, March 18, 2024

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Shareholders of Meyer Burger approve rights issue of around CHF 200 million and support the expansion of the production and distribution structures in the United States

At the Extraordinary General Meeting held in Thun on March 18, 2024, around 1.37 billion registered shares were initially represented, equivalent to approx. 38.1% of the share capital entered in the Commercial Register. The shareholders approved the ordinary capital increase targeting around CHF 200 million with a simultaneous reduction of the par value of the shares with 95.99% of the votes. The shareholders also approved the increase of conditional capital with 95.71% of the votes and the introduction of a capital range with 85.11% of the votes.

A detailed list of all resolutions and results of the Extraordinary General Meeting can be found at:  https://www.meyerburger.com/en/investor-relations/annual-general-meeti ....

Information regarding the rights offering

The capital increase shall take the form of a rights offering to existing shareholders. Meyer Burger shareholders are expected to receive one subscription right for each registered share they hold as of March 19, 2024 (after close of trading). The subscription rights are expected to be traded on the SIX Swiss Exchange from March 20, 2024, to March 26, 2024, and, subject to legal restrictions of foreign jurisdictions, will be exercisable from March 20, 2024, to April 2, 2024, 12:00 noon CEST. The listing and the first trading day of the new registered shares on the SIX Swiss Exchange are expected to be on April 5, 2024. The Board of Directors reserves the right to adjust the timetable.