EGS Beteiligungen AG exercises bond conversion right and increases its shareholding in Siegfried to 7.2% registered shares Page 1

EGS Beteiligungen AG has exercised its right to convert also the second of the two convertible bonds issued in December 2020 with a coupon of 1.15% and a nominal value of CHF 40m into shares of Siegfried Holding AG. EGS Beteiligungen AG will receive 48,054 shares and will as a result increase its stake in Siegfried from 6.2% to approximately 7.2% of registered shares. The shares will be delivered from Siegfried’s own shares without the issuance of new shares.

As announced in December 2020, EGS Beteiligungen AG participated in the financing of Siegfried’s acquisition of two pharmaceutical production sites in Spain through two hybrid convertible bonds issued by Siegfried. These bonds gave EGS Beteiligungen AG the right to convert the bonds into shares of Siegfried Holding AG upon the fulfillment of certain conditions.

Marcel Imwinkelried, CEO of Siegfried: “The increase in the shareholding of EGS Beteiligungen AG through this conversion reflects the confidence of our largest shareholder in our business model and strategy.”