ZEAL Network SE: Result of the public share repurchase offer

NOT FOR PUBLICATION, DISTRIBUTION OR DISSEMINATION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, WITHIN OR FROM THE UNITED STATES OF AMERICA OR ANY OTHER JURISDICTION WHERE DOING SO WOULD BE IN VIOLATION OF APPLICABLE LAW. FURTHER RESTRICTIONS APPLY. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS ANNOUNCEMENT.

(Hamburg, 2 December 2022) In the course of the public repurchase offer of ZEAL Network SE ("ZEAL" or "Company") announced on 2 November 2022, 2,001,036 ZEAL shares (ISIN DE000ZEAL241) have been tendered to the Company by the end of the acceptance period on Tuesday, 29 November 2022 at 24:00 hours (local time Frankfurt am Main, Germany).

The total number of ZEAL shares for which the repurchase offer has been accepted exceeds the offer volume of 714,285 ZEAL shares. The offer is therefore oversubscribed within the meaning of sections 2.1 and 3.5 of the offer document. In accordance with the terms and conditions of the offer, declarations of acceptance will be considered preferentially in full for up to 100 tendered ZEAL shares and proportionately at approximately 35.0% for the remainder.

The Repurchase Offer is expected to be settled by 9 December 2022.

Further information about the repurchase offer is available in the German language on the Company's website (www.zealnetwork.de) in the section "Investoren / Aktienrückkauf 2022". Non-binding English translations are available in the section "Investors / Repurchase Offer 2022".

IMPORTANT NOTICE

This announcement and any materials published in connection therewith are not for publication, distribution or dissemination, in whole or in part, directly or indirectly, in, within or from the United States of America or any other country where doing so would constitute a violation of the applicable laws of such country. They are not directed to, or intended for publication, distribution or dissemination to or intended for use by such persons who are citizens or residents of the United States of America or of any state, country or other jurisdiction in which the publication, distribution or dissemination or use of the announcement and any related materials would be in violation of applicable law or would require registration or admission of any kind in such jurisdiction. This announcement does not constitute an offer of securities for sale or the solicitation of an offer to purchase securities of the Company in the United States, Germany or any other jurisdiction.

Contact:
Frank Hoffmann
Investor Relations Manager
T: +49 (0)40 809036042
[email protected]