Talenthouse AG: Notification by auditors according to art. 728c para. 3 Code of Obligations

Baar (pta030/05.06.2023/22:15 UTC+2)

The auditors of Talenthouse AG ("Talenthouse" or "Company") have informed the Company that they have notified the competent court of an obvious over-indebtedness of the Company as present in their view (Art. 728c para. 3 Code of Obligations).

The immediate reason was that the investor referred to in the notifications of 14 May and 21 May 2023 did not provide the promised short-term liquidity required to initiate further restructuring measures (and thus, among other things, the planned conversions of debt into equity to strengthen the balance sheet).

The Company continues to work on a definitive solution to restructure Talenthouse and its subsidiaries, and is in contact with major shareholders, lenders and the aforementioned investor to that end.

Following the notification of the auditors mentioned above, the board of the Company will be invited by the competent court to comment on the matter. The objective of Talenthouse is to submit a solution to the court by which the bankruptcy of the Company can be avoided and Talenthouse and its subsidiaries can be maintained to the extent appropriate. The Company will continue to inform the public.

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