NOT FOR PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER COUNTRY WHERE TO DO SO WOULD BE IN VIOLATION OF THE RELEVANT LAWS OF SUCH COUNTRIES.

EXASOL SUCCESSFULLY PLACES 2.4 MILLION NEW SHARES FROM CASH CAPITAL INCREASE WITH GROSS PROCEEDS OF EUR 7.1 MILLION

Nuremberg, 30.06.2023 - Exasol AG (“Exasol” or the “Company”, ISIN DE000A0LR9G9) announces that a capital increase of 10 percent of the share capital (the “Capital Increase”) has been fully placed.

The Company has successfully issued 2,443,887 new shares in a private placement by way of an accelerated bookbuilding, excluding subscription rights by partially utilizing the authorized capital. The new shares were placed at a placement price of EUR 2.90 per share, resulting in gross issue proceeds of approximately EUR 7.1 million.

Due to high demand, bookbuilding was completed shortly after the launch.

Several members of both the management board and supervisory board committed to purchase shares alongside and as part of the Capital Increase.

The net issue proceeds from the Capital Increase are to be used primarily to improve the equity base. Furthermore, the additional funds are to support the company's long-term growth strategy.

The New Shares will carry the same rights as the existing shares (including the entitlement to a share in profits for the financial year 2023) and shall be included in trading on the European SME Growth Market "Scale" of the Frankfurt Stock Exchange without a prospectus. Delivery of the New Shares is expected to take place on or about July 4, 2023.

Hauck Aufhäuser and M.M.Warburg & CO acted as Joint Global Coordinators for the capital increase.

Exasol Investor Relations Contact

Christoph Marx
Head of Investor Relations
Tel: +49 911 2399 114
E-Mail: [email protected]

IMPORTANT NOTICE

This communication and the information contained herein are intended only for the person to whom this communication is delivered by Exasol AG ("Company") or its representatives and may not be distributed to any third party. In particular, this announcement and the information contained herein may not be distributed or otherwise disseminated in the United States of America ("United States") or to U.S. Persons (as defined in Regulation S under the U.S. Securities Act of 1933, as amended), Canada, Australia, Canada or Japan. The Company does not intend to register the offering or any part thereof in the United States or to conduct a public offering of securities in the United States.

In order to facilitate a timely settlement, a share loan agreement has been arranged for the delivery of shares in the context of the capital increase.