Booster Precision Components GmbH investigates the possibility to issue subsequent senior secured callable bonds under its existing framework with ISIN NO0012713520 and initiates a written procedure

Booster Precision Components GmbH investigates the possibility to issue subsequent senior secured callable bonds under its existing framework with ISIN NO0012713520 and initiates a written procedure

Frankfurt a. M., 13 May 2024 – Booster Precision Components GmbH (the "Company" and together with its subsidiaries from time to time, the "Group") hereby announces that it has mandated Pareto Securities AS, Frankfurt Branch as sole bookrunner to investigate the possibility of issuing subsequent senior secured callable bonds in an amount of EUR 18 million under the Company's bond framework with ISIN NO0012713520 due 2026 (the "Bonds" or the "Bond Issue"). Subject to, inter alia, market conditions, a bond issue may follow. The proceeds from the Bond Issue will be applied towards financing (i) the repayment of subordinated loans, including payment of any break costs, redemption premiums and accrued but unpaid interest and (ii) any costs relating to the Written Procedure (as defined below).

In connection with the Bond Issue, the Company has instructed the agent for the Bonds to initiate a written procedure to request the bondholders to vote in favour of, amongst other things, the Company using the proceeds from the Bond Issue to repay certain subordinated loans in an amount of EUR 15,000,000 which the Company is restricted from repaying pursuant to the terms and conditions for the Bonds (the "Proposal") (the "Written Procedure"). As compensation to bondholders for voting in favour of the Proposal, the Company will pay a consent fee in an amount equal to 1.00 per cent of the nominal amount of each Bond, subject to the conditions set out in the notice to the Written Procedure.

The Company has received undertakings to vote in favour of the proposal in the Written Procedure by holders representing more than 60 per cent of the outstanding nominal amount under the Bonds.

The notice to the Written Procedure will be delivered to all bondholders through the CSD on 14 May 2024 and will also be available on the Company's investor website (https://booster-precision.com/en/investor-relations/bond.html). To be eligible to vote in the Written Procedure, a person must be registered as a Bondholder on 16 May 2024. The last day for voting in the written procedure is 28 May 2024.

For further information, please contact:
Dr. Ralph Wagner, Managing Director and Chief Financial Officer, Booster Precision Components GmbH
E-mail: ralph.wagner@booster-precision.com

This information is information that the Company is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact person set out above, at 13:15 CEST on 13 May 2024.