Talenthouse AG: New investor / Publication of key figures not yet possible

Baar (pta003/14.05.2023/22:45 UTC+2)

Talenthouse AG ("Talenthouse" or the "Company") has entered into an agreement with an investor under which he will invest in shares of the Company in the realm of an upcoming capital increase. The publication of unaudited key figures of the Company is not yet possible.

Talenthouse has reached an agreement with an investor under which he will invest in shares of the Company in the realm of an upcoming capital increase. The agreement also includes an urgently needed provision of short-term liquidity to the Company. The implementation of the agreement is supported by various lenders and shareholders of the Company (including the companies of the chairman of the board of directors of the Company Roman Scharf and member Michael Wachsler), who have agreed, amongst other things, to convert their loans into shares of the Company in the context of the upcoming capital increase to strengthen the balance sheet.

In order to implement the agreement and the conversions, drastic capital restructuring measures are required (ordinary capital increase to create new Series B shares with a nominal value of CHF 0.10 each, under exclusion of the subscription rights of the existing shareholders, combined with a reduction of the nominal value of the existing listed Series A shares to CHF 0.02 each). The implementation of these capital restructuring measures requires an extraordinary shareholders' meeting, which the board of directors will convene shortly. At this extraordinary shareholders' meeting, also three new members of the board of directors and a new chairman shall be proposed to the shareholders of the Company for election. Roman Scharf will resign from the board of directors with effect as of the extraordinary shareholders' meeting.

The board of directors of the Company is aware that the capital restructuring measures are extremely drastic, but sees them as the only way to preserve the possibility that the Company can continue as going concern. Certain previous commitments made by other investors, some of which also having been the subject of announcements by the Company, can likely not be implemented.

Finally, it was not yet possible for the Company to address all issues to be able to present the net assets, the financial position and the profit situation of the Company in an accurate, complete and comprehensive manner, and to publish unaudited key figures thereupon. The Company undertakes to do this as soon as possible.

About Talenthouse AG

Talenthouse AG is a technology platform and services company that brings brands and a global network of creatives together to make innovative content that engages, inspires, and drives action. Talenthouse is leading a structural shift in the way that creative content is produced, employing a platform business model to source content at the scale and quality required to keep pace with consumer demand in the digital age. In doing so, it also opens up opportunities for a much larger pool of creative talent. While most industries are in recession, the global creator economy, a $2.8 trillion market, is still growing.

TalentPlus is Talenthouse AG's financial services vertical, providing creators with financial services solutions to support their creative endeavours. The company is registered in Switzerland and operationally headquartered in London. For more information visit: www.business.talenthouse.com

Stock exchange listing: SIX Swiss Exchange (www.six-swiss-exchange.com)

Ticker symbol: THAG (CH)

Security number: 1 081 986

ISIN: CH0010819867

Contact: Talenthouse AG, Zugerstrasse 8a, CH-6340 Baar, Switzerland

Talenthouse contacts:

Investor Relations:

Email: Michael Wachsler michael@talenthouse.com

Disclaimer

This media release serves informational purposes and constitutes neither an offer to sell nor a solicitation or an advertisement to buy any shares of Talenthouse AG in any jurisdiction. This media release does not constitute a prospectus within the meaning of Article 35 et seq. of the Swiss Federal Act on Financial Services. In addition, investors should seek advice from their bank or their financial adviser.

This media release contains forward-looking statements such as projections, forecasts, and estimates. Such forward-looking statements are subject to certain risks and uncertainties which may cause actual results, performance, or events to differ materially from those anticipated in this media release. Readers should therefore not rely on these forward-looking statements. The forward-looking statements contained in this media release are based on the views and assumptions of Talenthouse AG as of this date and Talenthouse AG does not assume any obligation to update or revise this media release.

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Emitter:	Talenthouse AG Zugerstrasse 8a 6340 Baar Switzerland
Contact Person:	Michael Wachsler
Phone:	+41 43 344 38 38
E-Mail:	michael@talenthouse.com
Website:	www.business.talenthouse.com
ISIN(s):	CH0010819867 (Share)
Stock Exchange(s):	SIX Swiss Exchange