Berlin - home24 SE ("home24", the "Company") plans to list its subsidiary Mobly S.A. on the Novo Mercado of B3 (formerly the São Paulo Stock Exchange), Brazil. Today, the second filing of the Brazilian securities prospectus with the competent financial supervisory authority (Comissão de Valores Mobiliário) took place, and now the shares of Mobly S.A. are offered in a public offering from 13 January 2021 to 3 February 2021.

For this purpose, it is planned to increase the share capital of Mobly S.A. from currently 69,452,866 common shares by 37,037,038 newly-issued common shares and to offer 1,610,306 common shares of the current principal shareholder, VRB GmbH & Co. B-197 KG, a subsidiary of home24, resulting in an indirect shareholding of home24 in Mobly S.A. of 56.5%. In addition, there is an over-allotment option of up to 5,797,102 common shares from the holdings of VRB GmbH & Co. B-197 KG. If this over-allotment option is exercised in full, the Company would still remain majority shareholder of Mobly S.A. with an indirect shareholding of 51.1%.

The Company's Management Board approved yesterday the determination of the price range for the planned initial public offering of Mobly S.A. The price range for the offered shares was set at BRL 17.00 to BRL 23.50 per share. The final offering price and placement size will be determined through a bookbuilding process. The final offer price is expected to be determined between 3 February 2021 and 11 February 2021.

Person making the notification: Dr. Martin Bredol, Capital Market Compliance Officer

Contact:
Philipp Steinhäuser, [email protected]

Legal Disclaimer
Not for distribution or publication in the United States of America, Australia, Canada or Japan or any other jurisdiction where such distribution or publication may be unlawful. The distribution of this publication may be subject to legal restrictions in some jurisdictions and anyone in possession of this document or information referenced herein should inform themselves about and observe any such restrictions. Failure to comply with such restrictions may constitute a violation of capital market laws of such countries.

This release contains forward-looking statements. These statements are based on the current views, expectations, assumptions and information of the management of the Company. Forward-looking statements should not be construed as a promise of future results and developments and involve known and unknown risks and uncertainties. Various factors could cause actual future results, performance or events to differ materially from those described in these statements, and neither the Company nor any other person accepts any responsibility for the accuracy of the opinions expressed in this release or the underlying assumptions. The Company does not assume any obligations to update any forward-looking statements.

This release is being disclosed pursuant to applicable securities regulations for informative purposes only and shall not, in any circumstances, be construed as an investment recommendation, an offer to sell or solicitation of an offer to buy the Mobly S.A. securities, including common shares of Mobly S.A.

This communication does not constitute an offer to purchase shares or the solicitation of an offer to purchase shares of Mobly S.A. in the United States, Australia, Canada, Japan or any other jurisdiction in which an offer is not permitted by law. The shares of Mobly S.A. may not be sold or offered for sale in the United States of America absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "Securities Act"). The shares of Mobly S.A. have not been and will not be registered under the Securities Act. There will be no public offering of the shares referred to in this release in the United States of America.