Meyer Burger Investor Presentation slide image

Meyer Burger Investor Presentation

TRANSACTION AT A GLANCE Option I (CHF 165m) PIPE (CHF 30m CHF 55m) Rights issue (CHF 110m CHF135m) Backstop (CHF 30m 55m) Option II (CHF 165m) Rights issue (CHF 165m) MEYER BURGER Option I: A split transaction consisting of a PIPE & Backstop transaction and a rights issue 1. A CHF 30 million - CHF 55 million capital increase with the exclusion of subscription rights ("PIPE") whereby PIPE investors in the simultaneously executed rights issue must commit to a CHF 1 backstop for each CHF 1 investment in the PIPE transaction; plus 2. A rights issue in the amount of CHF 110 million - CHF 135 million with tradable subscription rights, preserving the subscription rights of existing shareholders 3. Condition: Minimum gross proceeds from the entire capital increase of CHF 150 million 4. Up to now, more than half of the maximum size of the PIPE and thus more than one third of the total capital increase has already been guaranteed at a subscription price of CHF 0.05 by commitments of a number of PIPE and backstop investors consisting of existing shareholders (e.g., Sentis Capital - a total of CHF 30 million, CHF 15 million PIPE & CHF 15 million backstop) as well as additional investors, whereby the commitments are subject to certain commercial and legal conditions 5. The PIPE and Backstop Investors that are already shareholders of Meyer Burger have committed themselves in this respect to fully exercise their subscription rights within the framework of Transaction Alternative I, whereby the shares thus subscribed are deducted from the Backstop Commitment 6. In Phase II until July 6, 2020 at the latest, potential qualified investors have the opportunity to participate in the PIPE & Backstop transaction Backstop (CHF 50m) Option II: Standard rights issue 1. A CHF 165 million capital increase with tradable subscription rights preserving the subscription rights of existing shareholders 2. Condition: Minimum gross proceeds from the entire capital increase of CHF 150 million 3. A backstop underwriting of an existing shareholder of Meyer Burger, Sentis Capital, in the amount of CHF 50 million has been delivered, being subject to commercial and legal conditions 4. The final subscription price will be determined immediately prior to the Extraordinary General Meeting by the lead banks and the Company, depending on the market situation at that time 19 O Meyer Burger
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