Meyer Burger Publishes Timeline of the Reverse Share Split

Meyer Burger Technology AG / Key word(s): Miscellaneous
Meyer Burger Publishes Timeline of the Reverse Share Split

27-Jun-2024 / 06:45 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to Art. 53 LR
Thun, June 27, 2024


NOT FOR PUBLICATION, DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR
INTO THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION IN WHICH THE
DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL

Meyer Burger Publishes Timeline of the Reverse Share Split

Thun, Switzerland, June 27, 2024 - Meyer Burger Technology (SIX: MBTN)
announces the timeline of the reverse share split in the ratio 750:1, which
was approved by the Annual General Meeting held on June 25, 2024.

  * June 28, 2024: Last trading day of old shares (ISIN: CH0108503795) on
    SIX Swiss Exchange

  * July 1, 2024: First trading day of new shares (ISIN: CH1357065999) on
    SIX Swiss Exchange
    (ex-date)

The reverse share split may result in fractions of new registered shares for
individual shareholders. This is the case if shareholders hold a number of
Meyer Burger shares that is not divisible by 750 as of June 28, 2024 (after
close of trading). Shareholdings below 750 old shares or the remainder of
old shares exceeding an integer multiple of 750, i.e., in each case between
1 and 749 old shares, will be rounded down and settled in cash (in CHF). The
compensation corresponds to the three-day volume-weighted average price
(VWAP) of the Meyer Burger share on the SIX Swiss Exchange prior to the
ex-date of the reverse share split.

The new shares issued following the reverse share split will have a new
International Securities Identification Number (ISIN) while the existing
shares held prior to the reverse share split will be canceled. Shareholders
who wish to continue exercising their voting rights are requested to arrange
for a re-registration in the Company's share register.

Further information regarding the reverse share split can be found in the
AGM invitation and the Q&A on Meyer Burger's website available under this
link.


Media contacts

Meyer Burger Technology AG
Anne Schneider
Head Corporate Communications
M. +49 174 349 17 90
anne.schneider@meyerburger.com

Alexandre Müller
Investor Relations
M. +41 43 268 3231
alexandre.mueller@meyerburger.com


About Meyer Burger Technology AG
www.meyerburger.com

Meyer Burger researches, develops and produces the latest generation of
highly efficient solar cells and solar modules based on patented
Heterojunction/SmartWire technology. As one of the few manufacturers
worldwide, the company also manufactures its own production equipment, which
ensures high quality and efficiency in production.

Meyer Burger's headquarters are located in Thun (Switzerland). The company
operates research centers and machine factories in Hohenstein-Ernstthal
(Germany), Hauterive and Neuchâtel (Switzerland). The highly automated
production of solar cells and solar modules takes place in Thalheim
(Germany) and in the future in Goodyear and Colorado Springs (USA). The
company has its own accredited test center for solar modules in Freiberg
(Germany). This is the key to the long service life and high precision of
Meyer Burger solar modules. There are sales offices in Europe, the USA,
Australia and Asia.

Around 1 100 people work for Meyer Burger worldwide. The company was founded
in 1953 in Switzerland. As a provider of production systems, the company has
shaped the development of the global photovoltaic industry along the entire
value chain in recent decades and has set essential industry standards. A
large part of the solar modules produced worldwide today are based on
technologies developed by Meyer Burger.

The registered shares of Meyer Burger Technology AG are listed on the SIX
Swiss Exchange (ticker: MBTN).

This document does not constitute an offer to subscribe for, buy or sell any
securities of Meyer Burger Technology AG in any jurisdiction.

This publication may expressly or implicitly contain specific
forward-looking statements, e.g. statements including terms like "believe",
"assume", "expect", "forecast", "project", "may", "could", "might", "will"
or similar expressions. Such forward-looking statements are subject to known
and unknown risks, uncertainties and other factors which may result in a
substantial divergence between the actual results, financial situation,
development or performance of Meyer Burger Technology AG and those
explicitly or implicitly presumed in these statements. Against the
background of these uncertainties, readers should not rely on
forward-looking statements. Meyer Burger Technology AG assumes no
responsibility to update forward-looking statements or to adapt them to
future events or developments. Except as required by applicable law, Meyer
Burger Technology AG has no intention or obligation to update, keep updated
or revise this publication or any parts thereof following the date hereof.


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End of Inside Information

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   Language:       English
   Company:        Meyer Burger Technology AG
                   Schorenstrasse 39
                   3645 Gwatt
                   Switzerland
   Phone:          +41 033 221 28 00
   E-mail:         mbtinfo@meyerburger.com
   Internet:       www.meyerburger.com
   ISIN:           CH0108503795
   Valor:          A0YJZX
   Listed:         SIX Swiss Exchange
   EQS News ID:    1934095

End of Announcement EQS News Service
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1934095 27-Jun-2024 CET/CEST