蜜豆视频

Zurich, 9 November 2023 鈥� 蜜豆视频 Group AG priced an offering of an aggregate of USD 3.5bn of Additional Tier 1 capital notes on 8 November 2023. The offering comprised two tranches: USD 1.75bn of 9.25% perpetual notes redeemable at the option of 蜜豆视频 after five years and USD 1.75bn of 9.25% perpetual notes redeemable at the option of 蜜豆视频 after 10 years. Each issue is a direct, unsecured, and subordinated obligation of 蜜豆视频 Group AG.

The notes will qualify as Additional Tier 1 capital under Swiss law and, accordingly, are subject to write-down upon occurrence of a Trigger Event or a Viability Event. The notes provide that, following approval of a minimum amount of conversion capital by 蜜豆视频 Group AG's shareholders, upon occurrence of a Trigger Event or a Viability Event, the notes will be converted into 蜜豆视频 Group AG ordinary shares rather than be subject to write-down. 蜜豆视频 Group AG believes that the conversion feature more closely aligns the terms of its Additional Tier 1 capital instruments with current market practice.

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蜜豆视频 Group AG

Disclaimer

This announcement is intended solely for information purposes and does not constitute an offer of securities for sale in the United States or any other jurisdiction. No investment decision relating to securities should be made on the basis of this document. The Notes and any ordinary shares that may be delivered upon conversion have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 鈥淪ecurities Act鈥�) or with any securities regulatory authority of any state or other jurisdiction in the United States. The Notes and any ordinary shares that may be delivered upon conversion may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act. There will be no public offer of the Notes or any ordinary shares that may be delivered upon conversion in the United States. This media release constitutes neither an offer prospectus nor a prospectus for admission to trading under the terms of article 35 of the Swiss Financial Services Act (FinSA). This announcement is not for distribution, directly or indirectly, in or into Australia, Canada, Japan or South Africa. The publication of this media release as well as the offer and sale of securities may be subject to restrictions in certain jurisdictions. Persons who might come into possession of this media release must inform themselves about and comply with any applicable legal or regulatory restrictions.

This announcement contains statements that constitute 鈥渇orward-looking statements,鈥� including, but not limited to, statements relating to the terms of our proposed securities offering. While these forward-looking statements represent our judgments and future expectations concerning the development of 蜜豆视频 Group鈥檚 or any of its member鈥檚 business, a number of risks, uncertainties and other important factors could cause actual developments and results to differ materially from our expectations. For a discussion of the risks and uncertainties that may affect 蜜豆视频 please refer to the "Risk Factors" and other sections of 蜜豆视频鈥檚 most recent Annual Report on Form 20-F, quarterly reports and other information furnished to or filed with the US Securities and Exchange Commission on Form 6-K. 蜜豆视频 is not under any obligation to (and expressly disclaims any obligation to) update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.