bet-at-home.com AG: Swiss Federal Supreme Court rules in first instance in
dispute over VAT liability for sports betting

EQS-Ad-hoc: bet-at-home.com AG / Key word(s): Legal Matter
bet-at-home.com AG: Swiss Federal Supreme Court rules in first instance in
dispute over VAT liability for sports betting

11-Jul-2024 / 18:04 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 INSIDER INFORMATION PURSUANT TO ARTICLE 17 OF REGULATION (EU)
NO. 596/2014

Swiss Federal Supreme Court rules in first instance in dispute over VAT
liability for sports betting

bet-at-home.com AG (hereinafter referred to as the "Company") earlier
disclosed in the combined management report for the fiscal year 2023 that
the Swiss Federal Tax Administration (hereinafter referred to as the "FTA")
assumed that the sports betting services offered in Switzerland by the
Company's subsidiary, bet-at-home.com Internet Ltd, Malta, is subject to
VAT. The FTA requested that bet-at-home.com Internet Ltd. be registered in
the register of persons liable for VAT and assessed tax claims for the
payment of VAT for the tax periods from 2013 to 2017. Reference is made to
the respective statements in the combined management report for the fiscal
year 2023.

bet-at-home.com Internet Ltd. and the Company are of the opposite opinion.
bet-at-home.com Internet Ltd. initially filed an objection with the FTA
against the FTA's decisions and, following its rejection by the FTA, filed
an appeal with the Swiss Federal Supreme Court.

The Swiss Federal Supreme Court approved the appeal in a judgment announced
to bet-at-home.com Internet Ltd. on 10 July 2024 (whose initial assessment
was made today) to the extent that it assumes that the absolute limitation
period for the right to determine the tax claim expired with regard to the
tax period of 2013. Apart from that, the appeal was dismissed.

The judgement is not final. To the extent that the appeal was dismissed,
bet-at-home.com Internet Ltd. and the Company are assessing to file an
appeal and its potential prospects of success, including the question which
impact the judgement might have on the Company's recent forecast for the
2024 financial year (in particular due to a change in risk assessment). The
potential risk to bet-at-home.com Internet Ltd. from a possible obligation
to pay VAT in Switzerland amounts to EUR 1.3 million for the period from
2014 to 2017 and EUR 2.7 million for the period from 2018 to 30.06.2024
(plus interest payments in each case). At present, an immediate outflow of
funds is not to be expected, as any tax claims of the FTA are suspended
until a final court decision is made.


End of Inside Information

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11-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory
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   Language:       English
   Company:        bet-at-home.com AG
                   Tersteegenstrasse 30
                   40474 Düsseldorf
                   Germany
   Phone:          +49 211 545 598 77
   Fax:            +49 211 545 598 78
   E-mail:         ir@bet-at-home.com
   Internet:       www.bet-at-home.ag
   ISIN:           DE000A0DNAY5
   WKN:            A0DNAY
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1944683

End of Announcement EQS News Service
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1944683 11-Jul-2024 CET/CEST