Dr. Ingo Mantzke and expulsion from the Investment Committee of Swiss
Merchant Group AG

EQS-News: Swiss Merchant Group AG / Key word(s): Strategic Company
Decision/Personnel
Dr. Ingo Mantzke and expulsion from the Investment Committee of Swiss
Merchant Group AG (news with additional features)

14.06.2024 / 12:51 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Corporate News:

Swiss Merchant Group AG ("SMG") announces that it would like to supplement
and complete the points raised by Dr. Ingo Mantzke in a corporate news dated
June 13, 2024:

A) Dr. Ingo Mantzke was never elected to any committee by the Board of
Directors of Swiss Merchant Group AG to perform formal functions as "Head of
an Investment Committee"

B) The Investment Committee has been held and exercised by the Board of
Directors of Swiss Merchant Group AG for 10 years and the investments are
executed by the management of Swiss Merchant Group AG

C) Dr. Ingo Mantzke was involved in various SMG projects as an advisor in
the period from 2021-2024 and, at his request, received SMG business cards
with the inscription "Head of Investment Committee" Unfortunately without
there being an investment committee meeting or investment closing for
projects during the period that was attributable to the involvement or
connection of Dr. Ingo Mantzke

D) Dr. Ingo Mantzke was not granted a discharge for this period

E) The regulated investor SMG, which is subject to high corporate governance
guidelines, separated from Dr. Ingo Mantzke in a non-public dissolution of
the relationship in May 2024

F) Dr. Ingo Mantzke has never had any economic relationships or shares in
the Mantzke Family Office in Kastanienbaum, Switzerland

G) Dr. Ingo Mantzke was removed from all management presentations & websites
at the end of May 2024

H) The Board of Directors of SMG appreciates Dr. Ingo Mantzke's
relationships and wishes him all the best in terms of health

About

Swiss Merchant Group AG ("SMG") is a private regulated investment company
that carries out, invests in and de-invests in capital market transactions
in its own name and for its own account as well as its own subscriptions &
underwritings of government and corporate bonds.

Furthermore, SMG offers various overarching services such as arranging ECM /
DCM capital market transactions with SMG's currently set up 142 bank and
securities trading bank lines, which include the setting up & financing of
FINMA / FIDLEG regulated Swiss Mini Bonds (SMBs) from Swiss issuers.

SMG was founded 17 years ago in 2007 in Zug, Switzerland and has been
domiciled in Kastanienbaum in the canton of Lucerne, since 2022.

Kastanienbaum, 14.06.2024

Axel S. Krüger

Chairman of the Board of Directors

End of this Corporate News



IR Contact:
Swiss Merchant Group AG
Michael Zuckerman
info@swissmerchantgroup.com


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=88844e026e86229c332bb888f1cb714e
File description: Swiss Merchant Group AG_ ENG_14.06.2024

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14.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Swiss Merchant Group AG
                   St Niklausenstrasse 59
                   6047 Kastanienbaum
                   Switzerland
   Phone:          +41 41 511 37 00
   E-mail:         info@swissmerchantgroup.com
   Internet:       www.swissmerchantgroup.com
   ISIN:           CH0323874260, CH1299689237
   WKN:            A1817G, A3LPB2
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt
   EQS News ID:    1925723

End of News EQS News Service
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1925723 14.06.2024 CET/CEST