Ekosem-Agrar Bond 2019/2024 placed with a volume of more than EUR 40 million

• Trading in the general open market (Freiverkehr) on Stuttgart Stock Exchange starts today
• Exchange rate of the Bond 2012/2021 at 27% (EUR 13.4 million)
• Further financing of growth and optimization of medium- to long-term financing structure secured

Walldorf, 1 August 2019 – Ekosem-Agrar AG, the German holding company of Russian milk producer EkoNiva Group, has successfully placed its third corporate bond (ISIN: DE000A2YNR08, WKN: A2YNR0) with a volume of EUR 40.6 million. The Bond 2019/2024 has a fixed annual interest rate of 7.50% and a maturity of five years. The first trading day of the new bond in the general open market (Freiverkehr) on Stuttgart Stock Exchange is today, Thursday, 1 August 2019 (issue and value date).

The issue included a voluntary exchange offer for holders of the Ekosem-Agrar Bond 2012/2021 (WKN: A1MLSJ / ISIN: DE000A1MLSJ1) including a multiple purchase option for the bondholders participating in the exchange offer. The exchange ratio of the Bond 2012/2021 with a volume of EUR 50 million was approx. 27% or EUR 13.4 million. A total of EUR 27.2 million was placed as part of the public offering for the new Bond 2019/2024 including the multiple purchases and the private placement with institutional investors in Germany and abroad. Both the exchange and the subscriptions under the multiple purchase option as well as all new subscriptions were allocated in full.

Stefan Dürr, CEO of Ekosem-Agrar AG: „The funds from the new bond are an important financing component for the acquisition of further farms and agricultural land as part of our expansion strategy. The interest in our business model remains very high and we are pleased with the confidence both new investors and our existing bondholders place in us.“

Wolfgang Bläsi, CFO of Ekosem-Agrar AG: “We are very satisfied with the result of the bond issue, even though we have not yet fully realized the potential issue volume. We are currently in further discussions with institutional investors who are interested in subscribing to the new Bond 2019/2024 as part of the private placement. The issue of bonds on the German capital market will remain an important part of our financing mix in the future.“

The transaction was supported by GÖRG as legal advisor and IR.on AG as communications advisor.

About Ekosem-Agrar

Ekosem-Agrar AG, Walldorf, is the German holding company of the Ekoniva Group, one of the largest Russian agricultural companies. With a herd of almost 149,000 cattle in milk production (thereof about 77,640 dairy cows) and a milk output of approx. 2,070 tons of raw milk per day as of 30 April 2019, the company is the largest milk producer in the country. The Group controls an agricultural land area of more than 554,000 hectares and is also one of the leading Russian seed producers. The founder and CEO of the company is Stefan Dürr, who has been active in the Russian agricultural sector since the end of the 1980s and has been instrumental in modernizing the industry in the past three decades. In 2009, he was awarded the Order of Merit of the Federal Republic of Germany in recognition of his contributions to the German-Russian Dialogue on Agriculture. The Group employs more than 13,000 people and has a presence in nine regions in Russia. Ekosem-Agrar generated a total output of EUR 377 million and adjusted EBITDA of EUR 116 million in 2018. Further information is available at: www.ekosem-agrar.de

Ekosem-Agrar Contact

Adrian Schairer // T: +49 (0) 6227 3585 936 // E: ir@ekosem-agrar.de

Irina Makey // Ekosem-Agrar AG // Johann-Jakob-Astor-Str. 49 // 69190 Walldorf // T: +49 (0) 6227 3585 919 // E: irina.makey@ekosem-agrar.de

Press / Investor Relations

Fabian Kirchmann, Anna-Lena Mayer // IR.on AG // T: +49 (0) 221 9140 970 // E: presse@ekosem-agrar.de

Disclaimer

This notice does not constitute an offer of securities. A decision to invest in notes of Ekosem-Agrar AG should only be made on the basis of the securities prospectus approved by the Commission de Surveillance du Secteur Financier (CSSF) and notified to the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), which is published on the website of the Issuer at www.ekosem-agrar.de/investor-relations and also on the website of the Luxembourg Stock Exchange at www.bourse.lu.

This notice and the information contained therein are not to be distributed, directly or indirectly, in or within the United States of America, Canada, Australia or Japan.