PRESS RELEASE

Greifswald, 26 May 2023

HanseYachts agrees convertible loan by investor

The Management Board of HanseYachts AG (ISIN: DE000A0KF6M8, WKN: A0KF6M) today agreed with the investor Vesting Holding AG, Schönefeld, to take out a convertible loan in the nominal amount of EUR 3 million.

The convertible loan has a term until 15 June 2025 and bears interest at 4% p.a.. From 15 June 2024, the convertible loan can be converted at an initial conversion price of EUR 2.86 per share - subject to adjustment.

In accordance with its terms, the convertible loan entitles the holder to convert it into an initial total of up to 1,048,950 new no-par value bearer shares of HanseYachts AG. The shares to be delivered upon conversion are generally to be issued from the Contingent Capital 2023/I resolved by the Annual General Meeting on 2 February 2023.

"We are very pleased that Vesting Holding is further expanding its strategic commitment to HanseYachts AG and thus strengthening us in our future-oriented strategy," says Hanjo Runde, CEO of HanseYachts AG. "I value Mr Vesting as a very competent and constructive partner, and we look forward to deepening our cooperation."

Media contact:

Boris Heitmann

Communications & Investor Relations bheitmann@hanseyachtsag.com +49 (175) 9346672

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HanseYachts AG

Hausanschrift:

Ladebower Chaussee 11 . 17493 Greifswald

Postanschrift:

Postfach 3165 . 17461 Greifswald

Tel, Fax:

Tel +49 3834 5792-200 . Fax +49 3834 5792-810

Amtsgericht:

Stralsund HRB 7035

Vorstand:

Hanjo Runde, Stefan Zimmermann

Aufsichtsratsvorsitzender:

Gert Purkert

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HanseYachts AG published this content on 26 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 May 2023 01:05:50 UTC.