DGAP-Adhoc: Lloyd Fonds AG announcing measures for repositioning itself together with its consolidated net profit for 2017 and profit allocation proposal

Lloyd Fonds AG announcing measures for repositioning itself together with its consolidated net profit for 2017 and profit allocation proposal

- New orientation towards liquid investment products

- Comprehensive package of measurements for continued growth developed

- Consolidated net profit of EUR 1.4 million for 2017

- Management Board and Supervisory Board proposing full retention of the Company's profit for 2017 to future growth

Hamburg, June 25, 2018. At its meeting today, the Supervisory Board of Lloyd Fonds AG (Deutsche Börse Scale, ISIN DE000A12UP29) laid the foundations for the Company's continued reorientation. Looking forward, the Management Board and Supervisory Board plan to position the Company as a bank independent, listed asset manager with a focus on actively managed, liquid retail investment funds. For this purpose, a separate capital management company (KVG) is to be established. At the same time, growth will be driven both organically and non-organically through the acquisition of external investment assets. In addition to managing investment funds, the Company will also be engaging in individual asset management, which will be supported by an innovative, digital fund allocation approach.

The Management Board and Supervisory Board are currently developing a comprehensive package of measures for Lloyd Fonds AG's planned reorientation and continued growth. Among other things, the shareholders are to be asked to approve a resolution at the annual general meeting planned for August 16, 2018, providing for amendments to the articles of incorporation to broaden the Company's business object as well as other measures. The details of the planned measures are to be presented to the shareholders at the annual general meeting planned for August 16, 2018.

Consolidated net profit for 2017; profit allocation proposal

Consolidated net profit of EUR 1.4 million was achieved in 2017 (previous year: EUR 3.2 million). Earnings before tax (EBT) for 2017 reached EUR 1.2 million (previous year: EUR 3.2 million). As of December 31, 2017, the Company had an equity ratio of 70.1% (previous year: 69.3%) and liquidity of EUR 10.0 million (previous year: EUR 11.7 million). Lloyd Fonds AG's annual report is expected to be published in German on June 29, 2018.

Following the placement of fresh capital in June 2018, the Management Board and the Supervisory Board will be asking the shareholders at the annual general meeting planned for August 16, 2018 to approve a resolution to omit the dividend for 2017 and, instead, to reinvest the surplus into the company's growth.

About Lloyd Fonds AG

Lloyd Fonds AG develops and manages investments for private and institutional investors. To date, it has structured more than 100 alternative investments in real estate, shipping, aircraft, private equity, traded UK life insurance policies and renewable energies. Total investments are valued at around EUR 5 billion. Lloyd Fonds AG has been listed on the stock market since 2005 and joined Deutsche Börse's Scale Standard in March 2017.