Mutares SE & Co. KGaA - Exchange Offer - Launch and Update

Announcement of Exchange Offer by Mutares SE & Co. KGaA

01 MARCH 2023

Full announcement including disclaimers and offer restrictions available via Bundesanseiger and Mutares (for update)

Mutares SE & Co. KGaA Munich, Federal Republic of Germany

Voluntary offer to the bondholders of the floating rate interest 2020/​2024 Bonds ISIN NO0010872864

to exchange their Bonds into new floating rate interest 2023/​2027 Bonds of Mutares SE & Co. KGaA ISIN NO0012530965

"On February 14, 2020, Mutares SE & Co. KGaA (hereinafter referred to as "Issuer") issued bonds in the aggregate principal amount EUR 50,000,000 divided into 50,000 bonds with a principal amount of EUR 1,000 each with ISIN NO0010872864, which was subsequently tapped to an aggregate principal amount of EUR 80,000,000 divided into 80,000 bonds ("2020/2024 Bonds"). The aggregate principal amount of the 2020/2024 Bonds is currently outstanding for redemption. The Issuer itself does not hold any 2020/2024 Bonds.

The shareholders' meeting of the Issuer has resolved to offer the bondholders of the 2020/2024 Bonds ("2020/2024 Bondholders") the opportunity to exchange their 2020/2024 Bonds into new 2023/2027 senior secured floating rate bonds of the Issuer with a principal amount of EUR 1,000 each (ISIN NO0012530965) ("New Bonds"), which are publicly offered and offered for acquisition in the context of a private placement ("Offer") by the Issuer in the Federal Republic of Germany ("Germany") from March 14, 2023 and in the Grand Duchy of Luxembourg ("Luxembourg") from March 2, 2023."