DGAP-Adhoc: LION E-Mobility AG resolves capital increase with issue of 2,330,000 new shares

Baar (CH), June 3, 2022 – ad hoc: The Board of Directors of LION E-Mobility AG, a listed Swiss holding company with strategic investments in the e-mobility sector, particularly in the area of ​​electrical energy storage and lithium-ion battery system technology, decided today to increase the share capital from the authorized capital. The resolution is based on the authorization granted by the Extraordinary General Meeting on June 30, 2021 and refers to Art. 3a of the Articles of Association regarding the authorized share capital.

The share capital increased by 2,330,000 shares from 10,032,633 to 12,362,633 shares and now amounts to CHF 1,607,142.29. The strategic anchor investor Ian Mukherjee is subscribing for the shares at an issue price of EUR 2.60 per registered share, for a total of EUR 6,058,000.00 (rounded).

About LION E-Mobility AG:
LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, especially in the field of electrical energy storage and lithium-ion battery system technology. The company owns 100% of the German LION Smart GmbH, a developer of battery packs and battery management systems. LION Smart GmbH also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a joint venture with TÜV SÜD AG. LION E-Mobility AG is also 100% owner of LION E-Mobility North America Inc. and LION Smart Production GmbH.

www.lionemobility.com

The Board of Directors of LION E-Mobility AG is responsible for the ad hoc announcement.

LION E-Mobility AG
Alessio Basteri
President of the Board of Directors

LION E-Mobility Investor Relations
Frank Schoenrock (Weber Shandwick)
Telephone: +49 (0) 1737025315
Email: [email protected] | www.lionemobility.com

Arne Siegner
Telephone: +41 (0) 41 500 54 11
E-mail: [email protected] | www.lionemobility.com

Disclaimer:
Statements expressing or containing forecasts, expectations, beliefs, plans, objectives, assumptions regarding future events or performance are not historical facts and therefore may be forward-looking statements. Forward-looking statements are based on expectations, estimates and plans at the time the statements are made and therefore involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated will. LION E-Mobility AG is not obliged to update the forward-looking statements in this press release.