Ad-hoc announcement

Public disclosure of inside information in accordance with article 17 of Regulation (EU) No. 596/2014 (Market Abuse Regulation)

CTS EVENTIM AG & Co. KGaA to receive coronavirus-related subsidies for 2021

Munich, February 23, 2022. CTS EVENTIM AG & Co. KGaA has today received confirmation that it is to be granted discretionary financial payments from the German federal government under the coronavirus-related 2021 subsidy programme ("Überbrückungshilfe III"). The payments to CTS EVENTIM AG & Co. KGaA of EUR 36 million will strengthen the Company's liquidity and will be included in its earnings for 2021. The payments are subject to a final review as part of the final settlement. Notice of approval is still pending for further discretionary financial payments of EUR 10 million relating to 2021 that the Company has applied for under the coronavirus-related 2021 subsidy programme ("Überbrückungshilfe III Plus").

About CTS EVENTIM
CTS EVENTIM is one of the leading international providers of ticketing services and live entertainment. Before the outbreak of the coronavirus pandemic, around 250 million tickets per annum were marketed using the company's systems - be it through stationary box offices, online or from mobile terminals. Its online portals operate under brands such as eventim.de, oeticket.com, ticketcorner.ch, ticketone.it and entradas.com. The EVENTIM Group also includes many concert, tour and festival promoter companies for events like 'Rock am Ring', 'Rock im Park', 'Hurricane', 'Southside' and 'Lucca Summer'. In addition, some of Europe's most renowned venues are operated by CTS EVENTIM, for example the LANXESS Arena in Cologne, the K.B. Hallen in Copenhagen, the Waldbühne in Berlin and the EVENTIM Apollo in London. CTS Eventim AG & Co. KGaA (ISIN DE 0005470306) has been listed on the stock exchange since 2000 and is currently a member of the MDAX segment. In a situation dominated by extensive bans and restrictions on events as a result of the coronavirus pandemic, the Group generated revenue totalling EUR 256.8 million in 21 countries in 2020, after more than EUR 1.4 billion the year before.
 

For further information, please contact:

Head of Corporate Communications:
Frank Brandmaier
Tel.: +49.40.380788.7299
[email protected]

Investor Relations:
Marco Haeckermann
Vice President Corporate Development & Strategy
Tel.: +49.421.3666.270
[email protected]