aconnic AG performs capital increase after exercising of conversion right

EQS-Ad-hoc: aconnic AG / Key word(s): Financing/Agreement
aconnic AG performs capital increase after exercising of conversion right

12-Jul-2024 / 12:11 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.

---------------------------------------------------------------------------

* 1.0 mn EUR debt to equity swap

* aconnic AG receives conversion right for 2.0 mn EUR convertible bond

* Strengthen capital for development and expansion

aconnic AG (ISIN: DE000A0LBKW6, WKN A0LBKW)), Munich, resolves to increase
the capital by 1,000,000 EUR to 16,240,000 EUR. The capital increase follows
the exercise of a conversion right by an investor of a convertible bond. The
convertible bond was issued in December 2020 and has a total volume of 3.0
mn EUR. The conversion right for 1.0 mn EUR has now been exercised.

The capital increase is carried out by contribution in kind without
subscription rights and the issue of 1,000,000 new shares with a calculated
nominal value of 1.00 EUR per share from the existing authorized capital.
The application for the admission of the new shares to trading on the German
Stock Exchange will be submitted. The capital increase will be completed by
the end of the third quarter of 2024.

For the remaining 2.0 mn EUR of the existing convertible bond, aconnic AG
has the right until December 31, 2024 to either repay or convert it into
equity by a capital increase through contribution in kind. The right to
exercise this right lies exclusively with aconnic AG.

"The step shows the confidence of our investors. The transaction strengthens
the company's capital base and supports us in the implementation of further
development and expansion steps," says Werner Neubauer, CEO of aconnic AG.

About aconnic AG

aconnic AG is an international technology supplier and network equipment
provider based in Munich. aconnic AG enables the construction and operation
of high-performance gigabit networks with key focus on network security,
energy efficiency and sustainability as well as technologies and products
for customers to achieve climate neutrality through carbon capturing and
bioenergy. Systems with hard-, software and services are used by customers
such as Deutsche Telekom, Orange, Telecom Italia, Swisscom, A1 Telekom
Austria, and América Móvil. aconnic AG is the only international system
supplier for critical communication infrastructure with European research,
development, production and supply chain, as well as its headquarters in
Germany, contributing to the strategic and technological autonomy of Europe.
aconnic AG has been listed on the German stock exchange since 2006 and
generated a revenue of ca. 73 mn EUR in 2023, with a growth of around 45%.

Contact

aconnic AG
D-80992 Munich, Riesstrasse 16
Sebastian Schubert, Investor Relations
Phone: +49 89 3 8998 7770
Email: investor@aconnic.com


End of Inside Information

---------------------------------------------------------------------------

12-Jul-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   Language:       English
   Company:        aconnic AG
                   Riesstrasse 16
                   80992 Munich
                   Germany
   Phone:          +49 89 3 8998 7770
   E-mail:         investor@aconnic.com
   Internet:       www.aconnic.com
   ISIN:           DE000A0LBKW6
   WKN:            A0LBKW
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Stuttgart
   EQS News ID:    1945379

End of Announcement EQS News Service
---------------------------------------------------------------------------

1945379 12-Jul-2024 CET/CEST