EQS-News: ams OSRAM optimizes financing structure with successful private placement of EUR 200 million 10.5% senior notes due 2029 replacing short-term financing facilities

On 13. September 2024

EQS-News: ams-OSRAM AG / Key word(s): Bond
ams OSRAM optimizes financing structure with successful private placement
of EUR 200 million 10.5% senior notes due 2029 replacing short-term
financing facilities

13.09.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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ams OSRAM optimizes financing structure with successful private placement
of EUR 200 million 10.5% senior notes due 2029 replacing short-term
financing facilities

• Private placement of EUR 200 million principal amount of senior notes
due 2029
• Optimizing financing structure by replacing short-term rolling bank
and working capital facilities with long-term senior notes

Premstaetten, Austria, and Munich, Germany (13 September 2024) — ams
OSRAM successfully placed an additional EUR 200 million aggregate
principal amount of its 10.5% senior notes due 2029 with certain investors
in a private transaction replacing short-term financing

“We are constantly working towards improving our financing structure in
line with our conservative financing approach. Last autumn, we
successfully refinanced more than EUR 2 billion for a balanced maturity
profile of our outstanding long-term debt. Now, we optimize our financing
structure further by replacing some short-term financing instruments with
the additional, opportunistic placement of senior notes due 2029” said
Rainer Irle, CFO of ams OSRAM.

ams OSRAM intends to use the proceeds from the private placement of the
10.5% senior notes to repay amounts outstanding under certain of its
short-term bank and working capital facilities. The private placement is
expected to close and the additional senior notes are expected to be
issued on or around 20 September 2024.

Important notice:

This press release is for informational purposes only and does not
constitute an offer to sell or the solicitation of an offer to buy the
Additional Notes, nor shall it constitute an offer, solicitation or sale
in any jurisdiction in which, or to any person to whom, such offer,
solicitation or sale would be unlawful. The Additional Notes have not been
and will not be registered under the U.S. Securities Act of 1933
(„Securities Act“) or the securities laws of any state of the United
States of America, and may not be offered or sold within the United States
of America or to, or for the account or benefit of U.S. persons (as
defined in Regulation S) or any persons. except pursuant to an applicable
exemption from, or in a transaction not subject to, the registration
requirements of the Securities Act. There will be no public offering of
Additional Notes in the United States of America. The Additional Notes
will be offered in a private offering exempt from the registration
requirements of the Securities Act and will accordingly be offered only to
non- U.S. persons outside the United States in compliance with Regulation
S under the Securities Act.

European Economic Area (“EEA”) – This announcement does not constitute and
shall not, in any circumstances, constitute a public offering nor an
invitation to the public in connection with any offer within the meaning
of European Prospectus Regulation (EU) 2017/1129 (the “EU Prospectus
Regulation”). The issuance and sale of the Additional Notes will be made
pursuant to an exemption under the EU Prospectus Regulation, from the
requirement to publish a prospectus for offers of securities.

EEA Manufacturer target market (MIFID II product governance) for the Notes
is eligible counterparties and professional clients only (all distribution
channels). No EEA PRIIPs key information document (KID) has been prepared
as it will not be made available to retail investors in EEA.

United Kingdom (“UK”) – This announcement does not constitute and shall
not, in any circumstances, constitute an offering to any retail investor
in the UK. The issue and sale of the Additional Notes will be made
pursuant to an exemption under Article 2 of Regulation (EU) 2017/1129 as
it forms part of domestic law by virtue of the European Union (Withdrawal)
Act 2018 (the “UK Prospectus Regulation”) and the Financial Services and
Markets Act 2000 (“FSMA”), from the requirement to publish a prospectus
for offers of securities.

UK Manufacturer target market (UK MiFIR product governance) for the
Additional Notes is eligible counterparties and professional clients only
(all distribution channels). No UK PRIIPs key information document (KID)
has been prepared as it will not be made available to retail investors in
UK.

This announcement is not a prospectus according to Articles 35 et seqq. of
the Swiss Financial Services Act (the “FinSA”) and does not constitute and
shall not, in any circumstances, constitute a public offering nor an
invitation to the public in connection with any offer within the meaning
of the FinSA. The Additional Notes may not be publicly offered, directly
or indirectly, in Switzerland within the meaning of the FinSA and no
application has or will be made to admit the Additional Notes to trading
on any trading venue (exchange or multilateral trading facility) in
Switzerland.

The investments to which this announcement relates are directed at, only
non-U.S. persons who are located outside the United States in accordance
with Regulation S under the United States Securities Act and (a) if
located in a Member State of the EEA, persons who are qualified investors
(as defined in the EU Prospectus Regulation); (b) if located in the UK,
(i) persons who have professional experience in matters relating to
investments who fall within Article 19(5) of the Financial Services and
Markets Act 2000 (Financial Promotion) Order 2005, as amended (the
“Order”); (ii) persons falling within Article 49(2)(a) to (d) (high net
worth companies, unincorporated associations, etc.) of the Order; or (iii)
persons to whom an invitation or inducement to engage in an investment
activity within the meaning of Section 21 of the FSMA in connection with
the issue or sale of any securities may otherwise lawfully be communicated
or caused to be communicated, (all such persons together being referred to
as “relevant persons”). The investments to which this announcement relates
are available only to, and any invitation, offer or agreement to
subscribe, purchase or otherwise acquire such investments will be
available only to or will be engaged in only with, relevant persons. Any
person who is not a relevant person should not act or rely on this
announcement or any of its contents. Persons distributing this
announcement must satisfy themselves that it is lawful to do so.

This announcement may contain statements about ams-OSRAM AG (the
“Company,” and together with its subsidiaries, the “Group”) or the Group
that are or may constitute or include forward-looking statements.
Forward-looking statements are statements that are not historical facts
and may be identified by words such as “plans”, “targets”, “aims”,
“believes”, “expects”, “anticipates”, “intends”, “estimates”, “will”,
“may”, “continues”, “should” and similar expressions. These
forward-looking statements reflect, at the time made, the Group’s beliefs,
intentions and current targets/aims concerning, among other things, the
Company’s or the Group’s results of operations, financial condition,
liquidity, prospects, growth and strategies. Forward-looking statements
include statements regarding: objectives, goals, strategies, outlook and
growth prospects; future plans, events or performance and potential for
future growth; economic outlook and industry trends; developments of the
Company’s or the Group’s markets; and the strength of the Company’s or any
other member of the Group’s competitors. Forward-looking statements
involve risks and uncertainties because they relate to events and depend
on circumstances that may or may not occur in the future. The
forward-looking statements in this announcement are based upon various
assumptions, many of which are based, in turn, upon further assumptions,
including without limitation, management’s examination of historical
operating trends, data contained in the Group’s records and other data
available from third parties. Although the Group believes that these
assumptions were reasonable when made, these assumptions are inherently
subject to significant known and unknown risks, uncertainties,
contingencies and other important factors which are difficult or
impossible to predict and are beyond its control. Forward-looking
statements are not guarantees of future performance and such risks,
uncertainties, contingencies and other important factors could cause the
actual outcomes and the results of operations, financial condition and
liquidity of the Company and other members of the Group or the industry to
differ materially from those results expressed or implied in this
announcement by such forward-looking statements. No assurances can be
given that the forward-looking statements will be realized. The
forward-looking statements speak only as of the date of this announcement.
The Group expressly disclaims any obligation or undertaking to release any
updates or revisions to any forward-looking statements to reflect any
change in the Group’s expectations with regard thereto or any changes in
events, conditions or circumstances on which any forward-looking
statements are based. No representation or warranty is made that any of
these forward-looking statements or forecasts will come to pass or that
any forecast result will be achieved. Undue influence should not be given
to, and no reliance should be placed on, any forward-looking statement.

About ams OSRAM:

The ams OSRAM Group (SIX: AMS) is a global leader in intelligent sensors
and emitters. By adding intelligence to light and passion to innovation,
we enrich people’s lives.

With over 110 years of combined history, our core is defined by
imagination, deep engineering expertise and the ability to provide global
industrial capacity in sensor and light technologies. We create exciting
innovations that enable our customers in the automotive, industrial,
medical and consumer markets to maintain their competitive edge and drive
innovation that meaningfully improves the quality of life in terms of
health, safety and convenience, while reducing impact on the environment.

Our around 20,000 employees worldwide focus on innovation across sensing,
illumination and visualization to make journeys safer, medical diagnosis
more accurate and daily moments in communication a richer experience. Our
work creates technology for breakthrough applications, which is reflected
in over 15,000 patents granted and applied. Headquartered in
Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
the group achieved EUR 3.6 billion revenues in 2023 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).

Find out more about us on [1] https://ams-osram.com

Ams is a registered trademark of ams-OSRAM AG. In addition, many of our
products and services are registered or filed trademarks of ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of their respective owners.

Join ams OSRAM social media channels: [2]>Twitter [3]>LinkedIn
[4]>Facebook [5]>YouTube

For further information

Investor Relations   Media Relations

ams-OSRAM AG     ams-OSRAM AG

Dr Juergen Rebel    Bernd Hops

Senior Vice President    Senior Vice President

Investor Relation    Corporate Communications

T: +43 3136 500-0                    T: +43 3136 500-0

[6]investor@ams-osram.com   [7]press@ams-osram.com

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13.09.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock
Exchange (Vienna MTF)
EQS News ID: 1987419

End of News EQS News Service

1987419  13.09.2024 CET/CEST

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