US sanctions against Highlight Event and Entertainment AG major shareholder
Alex Studhalter lifted

EQS-Ad-hoc: Highlight Communications AG / Key word(s): Personnel
US sanctions against Highlight Event and Entertainment AG major shareholder
Alex Studhalter lifted

10-Jun-2024 / 07:00 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Publication of inside information pursuant to Article 17 MAR

Pratteln, 10 June 2024

US sanctions against Highlight Event and Entertainment AG major shareholder
Alex Studhalter lifted

Highlight Communications AG (HLC) is pleased to note that the US Office of
Foreign Assets (OFAC) has removed Alexander Studhalter, major shareholder of
Event and Entertainment AG (HLEE), which controls HLC, from the US sanctions
list. As far as HLC is aware, there are therefore no longer any sanctions
against the family Studhalter and the companies managed by them. Alexander
Studhalter holds a 19.99% stake in HLEE via a company controlled by him,
Swiss International Investment Portfolio AG (SWIIP). HLEE in turn holds
around 53% of HLC.

After Alexander Studhalter was subject to US sanctions in November 2022, he
resigned from his previous Board of Directors mandates at HLC, HLEE and
various Group companies, and his stake in HLEE fell to below 20% because of
HLEE's capital increase in autumn 2023. Even though the Highlight Group was
never subject to these sanctions, the lifting of the sanctions against
Alexander Studhalter creates legal certainty, which HLC believes will
strengthen the confidence of customers, business partners and investors and
facilitate a positive and valuable business performance.

Further information:

HIGHLIGHT COMMUNICATIONS AG
Investor Relations
Netzibodenstrasse 23b
CH-4133 Pratteln BL
Phone: +41 (0)61 816 96 91
Email: ir@hlcom.ch


End of Inside Information

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10-Jun-2024 CET/CEST The EQS Distribution Services include Regulatory
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   Language:       English
   Company:        Highlight Communications AG
                   Netzibodenstrasse 23b
                   4133 Pratteln
                   Switzerland
   Phone:          +41 61 816 96 96
   Fax:            +41 61 816 67 67
   E-mail:         ir@hlcom.ch
   Internet:       www.hlcom.ch
   ISIN:           CH0006539198
   WKN:            920299
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1920995

End of Announcement EQS News Service
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1920995 10-Jun-2024 CET/CEST