Your Family Entertainment AG resolves capital increase of up to 10%

EQS-News: Your Family Entertainment AG / Key word(s): Corporate
Action/Capital Increase
Your Family Entertainment AG resolves capital increase of up to 10%

20.06.2024 / 13:34 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Corporate News

Your Family Entertainment AG resolves capital increase of up to 10%

Munich, June 20, 2024 - The Management Board and Supervisory Board of Your
Family Entertainment AG (YFE), Munich, (ISIN DE000A161N14) have decided to
carry out a capital increase of up to 10% of the share capital with the
exclusion of subscription rights. This measure is carried out by partially
utilizing the Authorized Capital 2022 and is in line with the ad hoc
announcement already published by YFE on February 1, 2024.

The share capital of YFE is to be increased from EUR 15,313,196 to up to EUR
16,736,660 by issuing up to 1,423,464 new no-par value shares. The new
shares are to be placed with selected investors as part of a private
placement. The placement price of the new shares is EUR 3.00 per share. The
new shares are entitled to dividends from January 1, 2024.

The company expects gross issue proceeds of up to EUR 4.3 million from the
capital measure. The issue proceeds are to be used in particular to build up
capacities, expertise and partnerships in the field of artificial
intelligence (AI) as well as for potential new productions and new products
from the YFE rights catalog.

YFE intends to use the funds from this capital increase to take advantage of
the opportunities offered by artificial intelligence (AI) to further
increase the number of language versions and thus the reach of the
children's program.

Through the use of AI technologies, YFE plans to create new markets overall,
e.g. to create new high-quality language versions through AI-supported
dubbing and thus open up new regional markets. In addition to overcoming
language barriers, the award-winning content will also be made accessible
through subtitling and audio description. Quality assurance ensures that the
high language quality of the dubbing is maintained and even improved to meet
the highest standards.

In addition, AI technology allows the extensive YFE library to be digitally
reworked and new, high-resolution and noise-free versions in the highest
image quality (4K) to be created and marketed worldwide.

In future, operational TV and digital channel management is to be carried
out digitally with the help of AI, thus enabling considerable scaling of
capacities both nationally and internationally.

The aim is to further consolidate YFE as a leading provider of
family-friendly entertainment and to tap into considerable new sales and
growth potential.

This transformation of YFE into a technology-driven media company, based on
one of the largest rights catalogs for family entertainment in
German-speaking Europe, is taking place gradually and with clearly defined
milestones.

Small & Mid Cap Investmentbank AG, Munich, will offer the new shares to
selected investors as part of the private placement. The capital increase is
to be entered in the commercial register by November 30, 2024 at the latest.

About Your Family Entertainment AG
The Munich-based German company Your Family Entertainment AG (WKN: A161N1,
ISIN: DE000A161N14, abbreviation: RTV) (YFE) stands as a leading producer
and distributor of high-quality children's and family programming. YFE owns
and operates one of Europe's largest channel-independent libraries. Each
content piece is meticulously curated to be educational, entertaining, and
devoid of violence. Further expanding its offerings, YFE powers the globally
recognized pay TV channel "Fix&Foxi TV", the free-to-air "RiC TV", and a
myriad of mobile and digital channels. In December 2021, YFE celebrated a
strategic alliance by welcoming Kartoon Studios (NYSE: TOON) as its
significant shareholder, forging a robust path to a global "Content with a
Purpose" collaboration.

Contact:
Your Family Entertainment AG
Michael Huber
Tuerkenstrasse 87
80799 Munich
Germany

Tel.: +49 (0) 89 99 72 71-0
E-Mail: michael.huber@yfe.tv

www.yfe.tv


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20.06.2024 CET/CEST Dissemination of a Corporate News, 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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   Language:       English
   Company:        Your Family Entertainment AG
                   Türkenstraße 87
                   80799 München
                   Germany
   Phone:          +49 (0)89 997 271-0
   Fax:            +49 (0)89 997 271-91
   E-mail:         ir@yfe.tv
   Internet:       www.yfe.tv
   ISIN:           DE000A161N14
   WKN:            A161N1
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Stuttgart
   EQS News ID:    1929925

End of News EQS News Service
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1929925 20.06.2024 CET/CEST