EQS-News: AT&S announces the Reference Share Price and the Conversion Price of the new deeply subordinated perpetual convertible bond with an early redemption option for the Company

EQS-News: AT&S Austria Technologie & Systemtechnik AG / Key word(s):
   Financing
   AT&S announces the Reference Share Price and the Conversion Price of the
   new deeply subordinated perpetual convertible bond with an early
   redemption option for the Company

   16.06.2026 / 19:05 CET/CEST
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   NOT FOR DISTRIBUTION IN OR INTO THE U.S., AUSTRALIA, CANADA, JAPAN, SOUTH
   AFRICA OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE
   PROHIBITED BY APPLICABLE LAW. THIS ANNOUNCEMENT IS FOR INFORMATION
   PURPOSES ONLY AND IS NOT AN OFFER OF SECURITIES IN ANY JURISDICTION.

    

   AT&S announces the Reference Share Price and the Conversion Price of the
   new deeply subordinated perpetual convertible bond with an early
   redemption option for the Company (Hybrid Convertible Bond)

    

    

   Leoben, Austria, 16 June 2026 – In connection with the successful
   placement of a EUR 400 million a deeply subordinated perpetual convertible
   bond with an early redemption option for the Company (Hybrid Convertible
   Bond, the “Bond”), convertible for a limited time into new and/or existing
   ordinary no-par value bearer shares of AT & S Austria Technologie &
   Systemtechnik Aktiengesellschaft (“AT&S” or the “Company”), the Company
   hereby announces the following:

    

   • The reference share price of the Bond is EUR 195.5780 (being the volume
   weighted average price of the Shares on the Vienna Stock Exchange on
   16 June 2026).

    

   • The resulting initial conversion price of the Bond is EUR 254.2514
   (including the conversion premium of 30.0%).

    

   The Settlement of the Bond is expected to take place on or around 23 June
   2026. Application will be made for the Bond to be admitted to trading on
   the Vienna MTF of the Vienna Stock Exchange.

    

   J.P. Morgan, Deutsche Bank and Citigroup acted as Joint Global
   Coordinators and Joint Bookrunners on the issue of the Offering. Erste
   Group and Raiffeisen Bank International acted as Co-Lead Managers.

    

   AT&S Austria Technologie & Systemtechnik Aktiengesellschaft – Advanced
   Technologies & Solutions

   AT&S is a leading global manufacturer of high-end IC substrates and
   printed circuit boards. AT&S develops and produces leading-edge
   interconnect technologies for key digital industries: mobile devices,
   automotive & aerospace, industrial, medical and high-performance computing
   for AI applications. With production sites in Austria (Leoben, Fehring),
   China (Shanghai, Chongqing), Malaysia (Kulim), India (Nanjangud) and a
   European competence center for R&D and IC substrate production in Leoben,
   AT&S is actively shaping the digital transformation – through
   forward-looking investments in research and development and the
   responsible use of resources. The company currently employs around 14,000
   people. Further information can also be found at [1]www.ats.net

    

   Media download:

   On the AT&S media portal https://ats.canto.de/v/press you will find
   continuously updated picture material on AT&S.

    

   Media contact:

   Gerald Reischl, Vice President Corporate Communications
   Phone: +43 3842 200 4252; Mobile: +43 664 8859 2452; [email protected]

    

    

   Contact Investor Relations:

   Philipp Gebhardt, Vice President Investor Relations
   Phone: +43 3842 200 2274; Mobile: +43 664 7800 2274; [email protected]

    

   AT&S Austria Technologie & Systemtechnik Aktiengesellschaft
   Fabriksgasse 13
   8700 Leoben / Austria
   [2]www.ats.net

    

   Disclaimers

    

   This announcement and the information contained herein is restricted and
   may not be published, distributed or released, directly or indirectly, in
   the United States of America (including its territories and possessions),
   Australia, Canada, Japan, South Africa or any other jurisdiction where
   such publication, distribution or release would be unlawful. The
   publication, distribution or release of this announcement may be
   restricted by law in certain jurisdictions and persons who are in
   possession of this document or other information referred to herein should
   inform themselves about and observe any such restrictions. Further, this
   announcement is for information purposes only and is not an offer of, or a
   solicitation of an offer to purchase, sell or subscribe for, securities in
   any jurisdiction. Any failure to comply with these restrictions may
   constitute a violation of the securities laws of any such jurisdiction.

    

   The Bond offered or offered to be purchased, sold or subscribed for and
   the Shares to be delivered on conversion of the Bond will not be and have
   not been registered under the U.S. Securities Act of 1933, as amended (the
   "Securities Act") or with any securities regulatory authority of any state
   or other jurisdiction of the United States and may not be offered, sold,
   pledged, taken up, exercised, resold, renounced, transferred or delivered,
   directly or indirectly, in or into the United States, except pursuant to
   an exemption from, or in a transaction not subject to, the registration
   requirements of the Securities Act and in compliance with any applicable
   securities laws of any state or other jurisdiction of the United States.
   The securities referred to herein have not been approved, disapproved or
   recommended by the U.S. Securities and Exchange Commission, any state
   securities commission in the United States or any other U.S. regulatory
   authority, nor have any of the foregoing authorities passed upon or
   endorsed the merits of the offering of the securities referred to herein.
   No public offering of, or solicitation of an offer to purchase, sell or
   subscribe for, securities of the Company is being made in the United
   States or any such other jurisdiction.

    

   This document and the offer when made, in member states of the European
   Economic Area ("EEA") (each a "Member State") and the United Kingdom
   ("UK"), are only addressed to and directed at persons who are "qualified
   investors" as defined in Regulation (EU) 2017/1129 of the European
   Parliament and of the Council of 14 June 2017 on the prospectus to be
   published when securities are offered to the public or admitted to trading
   on a regulated market (the "Prospectus Regulation" or the Public Offers
   and Admissions to Trading Regulations 2024 ("POATRs") ("Qualified
   Investors"). Each person in a Member State or in the UK who initially
   acquires any Bond or to whom any offer of Bond may be made and, to the
   extent applicable, any funds on behalf of which such person is acquiring
   the Bond that are located in a Member State or in the UK will be deemed to
   have represented, acknowledged and agreed that it is a Qualified Investor.

    

   In addition, in the UK, this document is only being distributed to and is
   only directed at (i) persons who have professional experience in matters
   relating to investments falling within Article 19(5) of the Financial
   Services and Markets Act 2000 (Financial Promotion) order 2005, as amended
   (the "Order"), (ii) high net worth entities falling within Article 49(2)
   of the Order and (iii) persons at or to whom it can otherwise lawfully be
   distributed or directed (all such persons together being referred to as
   "relevant persons"). The Securities are only available to, and any
   invitation, offer or agreement to subscribe, purchase or otherwise acquire
   such Securities will be engaged in only with, relevant persons. Any person
   who is not a relevant person should not act or rely on this notification
   or any of its contents.

    

   Solely for the purposes of the manufacturer's product approval process,
   contained within: (a) EU Directive 2014/65/EU on markets in financial
   instruments, as amended ("MiFID II"); (b) Articles 9 and 10 of commission
   delegated directive (EU) 2017/593 supplementing MiFID II; and (c) local
   implementing measures (together, the "MiFID II Product Governance
   Requirements"), and disclaiming all and any liability, whether arising in
   tort, contract or otherwise, which any "manufacturer" (for the purposes of
   the MiFID II Product Governance Requirements) may otherwise have with
   respect thereto, the target market assessment in respect of the Bond has
   led to the conclusion that: (i) the target market for the Bond is eligible
   counterparties and professional clients only, each as defined in MiFID II;
   and (ii) all channels for distribution of the Bond to eligible
   counterparties and professional clients are appropriate. Any person
   subsequently offering, selling or recommending the Bond (a "distributor")
   should take into consideration the manufacturer's target market
   assessment; however, a distributor subject to MiFID II is responsible for
   undertaking its own target market assessment in respect of the Bond (by
   either adopting or refining the manufacturer's target market assessment)
   and determining appropriate distribution channels.

    

   The target market assessment is without prejudice to the requirements of
   any contractual or legal selling restrictions in relation to any offering
   of the securities. For the avoidance of doubt, the target market
   assessment does not constitute: (a) an assessment of suitability or
   appropriateness for the purposes of MiFID II; or (b) a recommendation to
   any investor or group of investors to invest in, or purchase, or take any
   action whatsoever with respect to the Bond.

    

   The Bond is not intended to be offered, sold or otherwise made available
   to and should not be offered, sold or otherwise made available to any
   retail investor in the EEA. For these purposes, a retail investor means a
   person who is one (or more) of: (i) a retail client as defined in point
   (11) of Article 4(1) of MiFID II; (ii) a customer within the meaning of
   Directive (EU) 2016/97 (as amended, the "Insurance Distribution
   Directive"), where that customer would not qualify as a professional
   client as defined in point (10) of Article 4(1) of MiFID II. Consequently,
   no key information document required by Regulation (EU) 1286/2014 (as
   amended or superseded, the "PRIIPs Regulation") for offering or selling
   the Bond or otherwise making them available to retail investors in the EEA
   has been prepared and therefore offering or selling the Bond or otherwise
   making them available to any retail investor in the EEA may be unlawful
   under the PRIIPs Regulation.

    

   The Bond is not intended to be offered, sold, distributed or otherwise
   made available to and should not be offered, sold, distributed or
   otherwise made available to any retail investor in the UK. For these
   purposes, a retail investor means a person who is not a professional
   client, as defined in point (8) of Article 2(1) of Regulation (EU) No
   600/2014 as it forms part of domestic law by virtue of the European Union
   (Withdrawal) Act 2018 (the "EUWA"). Consequently, no disclosure document
   required by the FCA Product Disclosure Sourcebook ("DISC") for offering,
   selling or distributing the Bond or otherwise making them available to
   retail investors in the UK has been prepared and therefore offering,
   selling or distributing the Bond or otherwise making them available to any
   retail investor in the UK may be unlawful under DISC and the Consumer
   Composite Investments (Designated Activities) Regulations 2024.

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   16.06.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

   View original content: [4]EQS News

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     AT&S Austria Technologie & Systemtechnik AG
                Fabriksgasse 13
                8700 Leoben
                Austria
   Phone:       +43 (1) 3842200-0
   E-mail:      [email protected]
   Internet:    www.ats.net
   ISIN:        AT0000969985, AT0000A09S02
   WKN:         922230
   Indices:     ATX
   Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt,
                Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX; Vienna
                Stock Exchange (Official Market)
   EQS News ID: 2347484


    
   End of News EQS News Service


   2347484  16.06.2026 CET/CEST

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