Circus Group prepares Market Entry in Asia

EQS-News: Circus SE / Key word(s): Expansion
Circus Group prepares Market Entry in Asia

23.05.2024 / 15:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

Circus Group prepares Market Entry in Asia

Hamburg, 23.05.2024 - Circus Group (Xetra: CA1) is preparing to enter the
Asian market as part of its initial global roll-out. The company has
developed the world's first commercially- viable food production robot,
Circus Autonomy One (CA1) aiming to disrupt the global food service market
through the use of advanced AI, robotics and proprietary software solutions.

Circus is currently in discussions with potential customers in Asia who are
interested in large quantities of CA1. In order to meet this demand, Circus
is now building a dedicated team for the Asian market and has gained an
experienced entrepreneur in Prof. Lin Yang, who will strengthen the
company's regional presence as Local Managing Director for Asia Pacific in
its upcoming roll-out in Asia. Yang will oversee local business strategy and
partnerships, focusing on driving growth and establishing a robust presence
across the region.

While Circus will begin commercializing its robots in Europe and the USA
from its German headquarters, the indicative high demand from Asia in recent
months and the corresponding interest in Circus' robots necessitate the
establishment of dedicated on-site teams.

Circus Group CEO Nikolas Bullwinkel emphasised the importance of the
appointment: "The appointment of Prof. Lin Yang as Managing Director for
Asia Pacific represents a pivotal step in strengthening our global presence.
Yang brings a proven track record in successfully launching new technologies
of German origin in China. Together, we are excited to prepare for Circus'
future entry into the largest market for food service and robotics, bringing
our German-engineered technology closer to this dynamic growing region."

Prof. Lin Yang added: "I am very pleased to be joining Circus at this
exciting time. Circus' innovative robotic solution offers one of the most
groundbreaking changes in the food service industry and is of great interest
in many regions of Asia. The potential applications in an area where
countless individuals need access to safe, healthy food daily clearly
demonstrate that we have a highly promising approach."

For Circus, Asia is of particular significance as infrastructure issues
across the region are one of the highest priorities for local governments.
Circus' revolutionary approach, which eliminates human involvement in meal
preparation, allows for the first time the provision of freshly prepared
meals tailored to consumers' health needs and meets the highest possible
hygiene standards. The CA1 robot developed by Circus can cook up to 2
billion different dish variations and opens up a new dimension of autonomous
meal production and hygienic safety for use in locations such as airports,
clinics, nursing homes or universities, with a general demand in Asia
growing far above the global average.

Prof. Yang brings many years of experience in working with fast-growing
Asian high-tech pharmaceutical and biotechnology companies. His career
includes a managing role at Rarsig Medical where he coordinates the
establishment of various clinics and labs across China, covering the full
range from production to national roll-out of new and innovative
technologies.

About Circus Group:
The Circus Group (XETRA: CA1) is the leading AI robotics company,
specialising in the translation of the fine art of cooking into full
autonomy. On its mission to fuel humanity, Circus provides global access to
balanced nutrition, for everyone, anytime. The company developed the world's
first commercially viable food production robot, Circus Autonomy One, and
plans to launch and roll out their technologies as early as 2025. Circus
employs over 70 talents in AI, robotics engineering and food service across
four locations and is headquartered in Hamburg, Germany.

Contact:
Circus SE
Hongkongstrasse 6
20457 Hamburg
contact@circus-group.com

Press:
press@circus-group.com

Investor Relations:
ir@circus-group.com


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

23.05.2024 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.

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

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

   Language:       English
   Company:        Circus SE
                   Hongkongstrasse 6
                   20457 Hamburg
                   Germany
   E-mail:         ir@circus-group.com
   Internet:       https://www.circus-group.com/investors
   ISIN:           DE000A2YN355
   WKN:            A2YN35
   Listed:         Regulated Unofficial Market in Frankfurt, Munich
                   (m:access)
   EQS News ID:    1909975

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

1909975 23.05.2024 CET/CEST