NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH RELEASE OR DISTRIBUTION WOULD BE UNLAWFUL

windeln.de prolongs the subscription period for the subscription offer from March 30, 2022, to May 11, 2022

Munich, April 13, 2022: Today, the Management Board of windeln.de SE ("windeln.de" or "Company") resolved, with the approval of the Supervisory Board, on the basis of the resolution of the extraordinary general meeting of January 28, 2022, to prolong the running period to exercise the subscription rights from the subscription offer published in the Federal Gazette on March 30, 2022, initially determined to run until April 13, 2022 (including), to May 11, 2022 (including).

The reason for the prolongation of the subscription period is the mitigation measures in connection with the COVID-19 pandemic in the People's Republic of China. Two investors had committed to the Company under binding commitment agreements in advance of the current capital increase to acquire new shares with an equivalent value of up to a total of EUR 5.5 million in the planned private placement after the expiry of the subscription period ("Commitment Agreements"). The management of these investors is based in the People's Republic of China. Given the ongoing intense restrictions in the People's Republic of China in connection with the COVID-19 pandemic, it will most likely not be possible for these investors to fulfil their Commitment Agreements within the initially planned timeframe.

The Management Board and the Supervisory Board of the Company do not expect sufficient demand to cover the additional financial needs of the Company in the fiscal year 2022 without the fulfilment of the two Commitment Agreements within the private placement. For this reason, the private placement, which was initially scheduled to take place in the days following the expiry of the subscription period initially scheduled to run until April 13, 2022 (including), shall be postponed in order to give these investors the opportunity to fulfil their obligations to acquire the new shares with an equivalent value of up to EUR 5.5 million.

Accordingly, the subscription period shall also be prolonged to give existing shareholders the opportunity to exercise their subscription rights during the prolonged period. The period for exercising the additional subscription rights, also published with the announcement in the Federal Gazette of March 30, 2022, will be prolonged accordingly.

Further information on the prolonged subscription period, the capital increase, and particularly on risk warnings in connection with an investment in the new shares can be found in the subscription offer, available in the Federal Gazette and on the website of windeln.de (www.corporate.windeln.de) and in the announcement of the prolongation of the subscription period, which will be available in the Federal Gazette and on the website of windeln.de (www.corporate.windeln.de) from about April 13, 2022.

Important notice

This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America (the "United States"). This announcement is not an offer of securities for sale into the United States. 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"), and may not be offered or sold in the United States, except pursuant to an applicable exemption from registration requirements under the Securities Act. No public offering of securities is being made in the United States.

This announcement contains certain "forward-looking statements" that pertain to windeln.de SE. This release contains certain forward-looking statements concerning the future business of windeln.de SE. These forward-looking statements contained herein are based on the current expectations, estimates and projections of windeln.de SE's management as of the date of this release. They are subject to a number of assumptions and involve known and unknown risks, uncertainties and other factors. Should actual conditions differ from the Company's assumptions, actual results and actions may differ materially from any future results and developments expressed or implied by such forward-looking statements. Considering the risks, uncertainties and other factors involved, recipients should not rely unreasonably upon these forward-looking statements. windeln.de SE undertakes no obligation to update any such forward-looking statements to reflect future events or developments.
 

Corporate Communications

Isabelle Trautmann
Phone: +49 611 2058 55 - 43
Email: [email protected]

About windeln.de

windeln.de is one of the leading online retailers for family products in the German-speaking region. In addition, the company operates a successful e-commerce business with baby and toddler products for customers in China. The broad product range extends from diapers and baby food to children's furniture, toys and clothing, as well as strollers and child car seats. windeln.de was founded in 2010 and has been listed in the Prime Standard of the Frankfurt Stock Exchange since May 6, 2015. For more information, visit https://corporate.windeln.de/.

Our shops: www.windeln.de, www.windeln.ch, www.windeln.com.cn, https://windelnde.tmall.hk/, https://windeln.jd.hk/, https://m.meitun.com/mcms/LOyooKAvBO?spid=9016###