EQS-Adhoc: FinLab AG: Merger of Heliad Equity Partners GmbH & Co. KGaA into FinLab AG: Mutual Understanding on exchange ratio

Disclosure of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014 (MAR)

FinLab AG: Merger of Heliad Equity Partners GmbH & Co. KGaA into FinLab AG: Mutual Understanding on the exchange ratio

Frankfurt am Main, June 22, 2023 - In relation to the planned merger, sgpartner advisory GmbH Wirtschaftsprüfergesellschaft, the auditing firm appointed by Heliad Equity Partners GmbH & Co. KGaA (ISIN DE000A0L1NN5) together with FinLab AG (ISIN DE0001218063), has communicated to the companies the result of its expert opinion on the enterprise value of the companies and the corresponding exchange ratio.

The valuation was performed on the basis of the respective average stock market price of FinLab AG and of Heliad Equity Partners GmbH & Co. KGaA in the last three months prior to the publication of the merger plans by disclosure pursuant to Art. 17 MAR on May 26, 2023. On this basis, the companies have agreed on the following exchange ratio:

Thus, the shareholders of Heliad Equity Partners GmbH & Co. KGaA shall receive 5 FinLab shares for 12 Heliad shares.

This announcement is not indicative of the expected outcome of the audit by the court-appointed merger auditor, which has not yet been completed.

The merger agreement is expected to be concluded by the end of June. The effectiveness of the merger agreement is further dependent on the approval of the companies' Annual General Meetings and the subsequent entry in the commercial register at the registered offices of FinLab AG and Heliad Equity Partners GmbH & Co. KGaA.

About FinLab AG

FinLab AG, a publicly listed investment company, was founded in 2003 to establish a leading fintech incubator in Europe. Until 2020, FinLab AG successfully invested in some of the most innovative and disruptive German fintech companies. Today, FinLab AG not only manages its portfolio of direct investments but also operates on a multi-asset management approach with GP participations at Heliad Equity Partners and wholly owned subsidiaries such as Patriarch Multi-Manager.

About Heliad Equity Partners GmbH & Co. KGaA

Heliad invests in market leading, fast-growing technology companies with the target of initiating the next phase of growth. As a listed company and through its strong team and strategic partners, Heliad can support companies pre, at and post IPO and act as a gateway to public equity capital markets. An evergreen structure allows Heliad to act independently of usual fund lifecycles and provides shareholders with unique access to pre-IPO market returns without any restrictions or limitations in terms of investment size and term commitment.