DocMorris AG

Early redemption of the 2.75% Convertible Bonds due 2025

DocMorris AG / Key word(s): Bond DocMorris AG: Early redemption of the 2.75% Convertible Bonds due 2025 23-May-2024 / 06:58 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Frauenfeld, 23 May 2024

Press release
Ad hoc announcement pursuant to Art. 53 LR

Early redemption of the 2.75% Convertible Bonds due 2025

• DocMorris Finance B.V. notifies the bondholders of its convertible bond due in 2025 that it has exercised the early redemption option
• Notices to convert the Bonds may be deposited with the paying and conversion agent until 11 June 2024, 16:00 CEST
• Deposit banks may set an earlier deadline to bondholders to instruct the conversion of their Bonds and bondholders should therefore reach out to their bank or broker
• Bonds not converted will be redeemed at par plus accrued interest for 85 days

DocMorris Finance B.V. announces the exercise of its option to redeem the 2.75% Convertible Bonds due 31 March 2025 (“Bonds”) on 25 June 2024 at par plus accrued interest.

The early redemption occurs in accordance with condition 5.b) i) of the Terms of the Bonds whereby the Bonds may be redeemed if less than fifteen (15) per cent of the aggregate Principal Amount of the Bonds issued pursuant to the Terms of the Bonds is outstanding at the time of the notice. Following the successful repurchase offer of DocMorris Finance B.V. with settlement date 16 May 2024, CHF 8,565,000 Principal Amount remain outstanding of the CHF 175,000,000 Principal Amount initially issued.

Each Bond in the Principal Amount of CHF 5,000 may be converted into 35.1137 registered shares of DocMorris AG with nominal value of CHF 30 each. Fractions of shares will be paid out in cash in accordance with the Terms of the Bonds. The registered shares delivered upon conversion of the Bonds will be shares issued from the conditional capital of DocMorris AG or existing shares and will be fungible with the outstanding registered shares.