QIAGEN NV Announces Conversion Price of New Net Share Convertible Bonds Page 1

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VENLO, Netherlands, Sept. 3, 2024 (GLOBE NEWSWIRE) — QIAGEN NV (NYSE: QGEN; Frankfurt Prime Standard: QIA) (“QIAGEN” or the “Company“) announces the final terms of the new, unsecured, net share convertible bonds, which may be partially converted into ordinary shares of the Company (“Shares“), due in 2031 (the “Bonds“) outside the United States in an aggregate amount of $500 million. The initial conversion price has been set at $64.0129 per share, representing a premium of 44.0% over the reference price of $44.4534 per share. In the event of exercise of their conversion right, holders of the bonds will receive a cash amount equal to the par value of the bonds, plus a number of shares such that the sum of the cash amount and the value of the shares delivered equals the value of the shares underlying the bonds, as determined in the terms and conditions.