Not for release, publication or distribution in whole or in part in or into the United States, Canada, Australia or Japan or any other jurisdiction in which the distribution or release would be unlawful.

 FOR RELEASE IN SWITZERLAND – NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN.

Media release - Ad hoc announcement pursuant to Art 53. LR

Zurich, 27 June 2022

EPIC Suisse AG announces partial exercise of Over-Allotment Option in connection with IPO

EPIC Suisse AG (the “Company” or “EPIC”, the consolidated group), a Swiss real estate property company, today announces that the Joint Global Coordinators have partially exercised the Over-Allotment Option granted in connection with its Initial Public Offering (IPO) at the offer price of CHF 68 per share.

On 25 May 2022, the shares of EPIC (ticker symbol: EPIC) were listed and admitted to trading on SIX Swiss Exchange. On 24 June after market close, the Joint Global Coordinators, acting on behalf of the syndicate, have partially exercised the Over-Allotment Option in the amount of 143,509 new shares. The Over-Allotment Shares will be issued by the Company out of authorized share capital in a capital increase expected to be completed on or around 28 June 2022.

Including the shares placed in connection with the Over-Allotment Option, a total of 2,830,076 shares have been sold in the IPO of EPIC at a price of CHF 68 per share, resulting in gross proceeds for EPIC of CHF 192 million in total.

Founders and current shareholders Alrov Properties & Lodgings Ltd. and the Greenbaum Family^[1] did not sell any shares in the IPO and remained fully invested and committed to the long-term development of EPIC. The principal shareholders have agreed to a lock-up ending 12 months after the first trading day.

Credit Suisse and Zürcher Kantonalbank acted as Joint Global Coordinators and Joint Bookrunners for the IPO. Swiss Finance & Property AG acted as Co-Manager.

Information on stabilisation transactions by Credit Suisse as stabilisation agent (pursuant to Art. 126 letter d Financial Market Infrastructure Ordinance, FMIO), will be made available on EPIC's website by 1 July 2022 in accordance with Art. 126 letter d FMIO.

Contact information

Valérie Scholtes, CFO, EPIC Suisse AG, Phone: +41 44 388 81 00, E-mail: investors@epic.ch

About EPIC Suisse AG

EPIC Suisse AG is a Swiss real estate company with a high-quality property portfolio of about CHF 1.5 billion in market value as at 31 December 2021. It has a sizeable development pipeline and a strong track record in sourcing, acquiring, (re)developing and actively managing commercial properties in Switzerland. EPIC’s investment properties are mainly located in Switzerland's major economic hubs, specifically the Lake Geneva Region and the Zurich Economic Area. Listed on SIX Swiss Exchange since May 2022 (SIX ticker symbol EPIC; Swiss Security Number (Valorennummer) 51613168; ISIN CH0516131684). More information: www.epic.ch

Disclaimer

This document is not an offer to sell or a solicitation of offers to purchase or subscribe for shares. This document is (i) not a prospectus within the meaning of the Swiss Financial Services Act and (ii) not a prospectus under any other applicable laws. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.

This document constitutes advertising in accordance with article 68 of the Swiss Financial Services Act. Such advertisements are communications to investors aiming to draw their attention to financial instruments. Any investment decisions with respect to any securities should not be made based on this advertisement.

A decision to invest in securities of EPIC Suisse AG should be based exclusively on the prospectus published by EPIC Suisse AG (the "Company") for such purpose. Copies of this Prospectus, the Supplement and any other supplements to the Prospectus are/will be available free of charge in Switzerland for 12 months following the First Day of Trading on SIX Swiss Exchange at Credit Suisse AG, Zurich, Switzerland (email: equity.prospectus@credit-suisse.com) and Zürcher Kantonalbank, IHKT, P.O. Box, 8010 Zurich, Switzerland (email: prospectus@zkb.ch; phone: +41 44 292 20 11). In addition, copies of this Prospectus, the Supplement and any other supplements to the Prospectus are/will be available free of charge in Switzerland from EPIC Suisse AG, Investor Relations, Seefeldstrasse 5a, 8008 Zurich, Switzerland (email: investors@epic.ch). 

This document is not for publication or distribution in the United States of America (including its territories and possessions, any State of the United States and the District of Columbia), Canada, Australia or Japan or any other jurisdiction into which the same would be unlawful. This document does not constitute an offer or invitation to subscribe for or purchase any securities into the United State or in such countries or in any other jurisdiction into which the same would be unlawful. In particular, the document and the information contained herein should not be distributed or otherwise transmitted into the United States of America or to publications with a general circulation in the United States of America. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the laws of any state, and may not be offered or sold in the United States of America absent registration under or an exemption from registration under the Securities Act. There will be no public offering of the securities in the United States of America.

The information contained herein does not constitute an offer of securities to the public in the United Kingdom. No prospectus offering securities to the public will be published in the United Kingdom. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FSMA Order") or (iii) persons falling within Articles 49(2)(a) to (d), "high net worth companies, unincorporated associations, etc." of the FSMA Order, and (iv) persons to whom an invitation or inducement to engage in investment activity within the meaning of Section 21 of the Financial Services and Markets Act 2000 may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Any offer of securities to the public that may be deemed to be made pursuant to this communication in any EEA member state is only addressed to qualified investors in that member state within the meaning of Regulation (EU) 2017/1127 and such other persons as this document may be addressed on legal grounds, and no person that is not a relevant person or a qualified investor may act or rely on this document or any of its contents.

This publication may contain specific forward-looking statements, e.g. statements including terms like "believe", "assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of EPIC Suisse AG and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. EPIC Suisse AG assumes no responsibility to update forward-looking statements or to adapt them to future events or developments.

Except as required by applicable law, EPIC Suisse AG has no intention or obligation to update, keep updated or revise this publication or any parts thereof (including any forward-looking statement) following the date hereof.

None of the underwriters or any of their respective subsidiary undertakings, affiliates or any of their respective directors, officers, employees, advisers, agents, alliance partners or any other entity or person accepts any responsibility or liability whatsoever for, or makes any representation, warranty or undertaking, express or implied, as to the truth, accuracy, completeness or fairness of the information or opinions in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the group, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith. Accordingly, each of the underwriters and the other foregoing persons disclaim, to the fullest extent permitted by applicable law, all and any liability, whether arising in tort or contract or that they might otherwise be found to have in respect of this announcement and/or any such statement.

^[1] EPIC indirectly held via EPIC Luxembourg S.A.