Press Release

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publity AG resolves to issue a corporate bond with a volume of up to EUR 100 million

- publity bond 2020/2025 with coupon rate of 5.5 % p.a. and five-year term

- Repayment at nominal value at maturity in June 2025

- CEO/Majority Shareholder guarantees minimum issue volume of EUR 50 million

- Exchange and additional purchase offer (in Germany and Luxembourg) to the holders of the convertible bond 2015/2020 expected from 02/06-15/06/2020

- General public offering (in Germany and Luxembourg) expected from 02/06-17/06/2020

- Proceeds from the issue are to be used to refinance the 2015/2020 convertible bond and for the further growth and development of the publity group

Frankfurt/Main, 27/05/2020 - On 25/05/2020, the Executive Board of publity AG ("publity", ISIN DE0006972508, Scale) resolved, with the consent of the Supervisory Board, to issue a corporate bond with a volume of up to EUR 100 million ("publity Bond 2020/2025"). The publity bond 2020/2025 (ISIN DE000A254RV3) with a term of five years has a denomination of EUR 1,000 and an coupon rate of 5.50% p.a. At maturity, the bonds will be repaid at the nominal amount of EUR 1,000 per bond.

Within the framework of an exchange offer (in Germany and Luxembourg), the holders of the convertible bond 2015/2020 (ISIN: DE000A169GM5) can exchange their convertible bonds - presumably from 02/06/2020 to 15/06/2020 (6:00 p.m. CEST) - for bonds of the new publity bond 2020/2025, whereby the holders participating in the exchange offer can exchange their convertible bonds for each exchanged