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ams OSRAM announces end of convertible bonds repurchase program

2022/01/03

German version

Premstaetten, Austria (3 January 2022) -- ams OSRAM (SIX: AMS), a global leader in optical solutions, announces that its convertible bonds repurchase program announced on 22 March 2021 ended on 30 December 2021 due to the expiry of its term.

The cumulative amounts repurchased under the convertible bonds repurchase program are as follows:

Convertible Bond

ISIN

Total Repurchased Volume (notional)

Total Cash Expenditure (EUR)

% Voting Rights Represented

USD Convertible Bond

DE000A19PVM4

-

-

0.00%

EUR Convertible Bond

DE000A19W2L5

EUR 77,000,000

67,273,956

0.33%

EUR Convertible Bond

DE000A283WZ3

-

-

0.00%

67,273,956

0.33%

The repurchase of the convertible bonds has been executed at market price via over-the-counter trading (OTC trading) and, where appropriate, at the relevant international trading platforms. HSBC Trinkaus & Burkhardt AG, Dusseldorf, Germany, was mandated by ams AG to execute the repurchase of the convertible bonds independently in compliance with pre-defined parameters. The repurchase program started on 8 April 2021 and has been upheld until 30 December 2021. The requirements set forth by Circular No 1 of the Swiss Takeover Board have been complied with.