Merger schedule for the Helvetica Swiss Opportunity Fund and Helvetica Swiss Commercial Fund is in place

Ad hoc announcement pursuant to Art. 53 LR

Zurich, 28 February 2025 – The next milestones towards the merger of the Helvetica Swiss Opportunity Fund (HSO Fund) and Helvetica Swiss Commercial Fund (HSC Fund) have been announced. The Swiss Financial Market Supervisory Authority (FINMA) has approved the merger schedule.

• 28 February 2025: Publication of the merger schedule on Swiss Fund Data 
• 5 March 2025: Publication of the annual reports of the HSO Fund and HSC Fund as of 31 December 2024 
• 20 June 2025: Final trading day of the HSO Fund on the SIX Swiss Exchange 
• 23 June 2025: First trading day of the merged HSC Fund on the SIX Swiss Exchange

The two commercial property funds managed by the fund management company Helvetica Property Investors, the HSO Fund and HSC Fund, are to be merged, as previously announced. The plan is to complete the merger on 20 June 2025, with retrospective effect from 30 April 2025. The audited conversion ratio, based on the valuations (NAV) as of 30 April 2025, will be announced following close of trading on 20 June 2025. The HSO Fund (SIX ticker symbol: HSO; ISIN CH0434725054) represents the transferred fund and the HSC Fund (SIX ticker symbol: HSC; ISIN CH0335507932) the acquiring fund. The merged fund will be called the HSC Fund. The first trading day of the merged property fund is scheduled for 23 June 2025.

The aim of the property fund merger is to create a more broadly diversified, purely commercial Swiss real estate fund with greater liquidity, improved tradability and a stronger market presence. In the interests of investors, the planned merger will also help to ensure more cost-efficient management.

The merged HSC Fund is expected to include 37 properties with a total value of around CHF 760 million. It will invest in purely commercial property in predominantly suburban, high-growth and well-connected locations in German- and French-speaking Switzerland. Types of use comprise business, production, light industrial, office and retail, with the largest tenant accounting for under 5 percent of the total fund. Compared to the individual funds, this represents a much higher degree of diversification with an unchanged earnings potential. The investment portfolio is geared towards long-term value preservation and the distribution of constant income. With a combined vacancy rate of less than 5 percent and an expected debt financing ratio of 28 percent, the fund is well positioned to continue to generate and distribute long-term stable dividends of over CHF 5 per share.

The fund management company will issue information on further steps on a regular basis.

About Helvetica
Helvetica Property Investors AG, founded in 2006, is an independent real estate investment manager and FINMA-regulated fund manager. We offer institutional and private investors stable property investments with sustainable returns and develop individual solutions that we manage via our fully integrated value chain. Our listed investment products – the commercially focused HSC Fund and HSO Fund and the residentially focused HSL Fund – invest in high-growth, suburban locations throughout Switzerland. Sustainability is an integral component of our business and is formally embraced at fund level throughout the entire property cycle. Helvetica.com

Helvetica Swiss Opportunity Fund
The HSO Fund is a Swiss real estate fund for public investors, listed on the SIX Swiss Exchange. It invests in commercial properties throughout Switzerland, focusing on special uses, such as operator, commercial, warehouse and logistics buildings, primarily in suburban, high-growth and easily accessible locations. The focus is on real estate with few tenants and long-term leases that generate stable income. The investment portfolio is geared towards long-term value preservation and the distribution of constant income. The HSO Fund is authorized by the Swiss Financial Market Supervisory Authority FINMA. Listing SIX Swiss Exchange; ticker Symbol HSO; valor 43 472 505; ISIN CH0434725054

Helvetica Swiss Commercial Fund
The HSC Fund is a Swiss real estate fund for public investors, listed on the SIX Swiss Exchange. It invests in commercial properties throughout Switzerland, focusing on office, commercial and retail use, primarily in suburban, high-growth and easily accessible locations. The investment portfolio is geared towards long-term value preservation and the distribution of constant income. The HSC Fund is authorized by the Swiss Financial Market Supervisory Authority FINMA. Listing SIX Swiss Exchange; ticker symbol HSC; valor 33 550 793; ISIN CH0335507932

Disclaimer
This media release does not constitute a prospectus within the meaning of Art. 35 et seq. of the Federal Act on Financial Services or Art. 27 et seq. of the Listing Rules of SIX Swiss Exchange Ltd, nor a basic information sheet. It does not constitute an offer or a recommendation to subscribe for or redeem fund units but is intended solely for information purposes. This media release may contain forward-looking statements that are subject to uncertainties and risks and may change. Historical performance is no guarantee of current or future performance. The performance data do not take into account any commissions and costs charged on the subscription and redemption of units. The documents that are solely relevant for an investment decision, the prospectus with integrated fund contract as well as the current annual report can be obtained free of charge from the fund management company. This media release is not addressed to persons resident and/or domiciled outside Switzerland. In particular, this media release may not be made available or handed over to US persons within the meaning of the US Securities Act or US tax regulations, nor may it be distributed in the USA.
In case of doubt, the German version shall prevail.