– Not for distribution, publication or redirection in the United States, Australia, Canada and Japan –

InterCard AG Informationssysteme is carrying out a cash capital increase with subscription right. The subscription period for the exercise of the subscription rights begins today, 24.11.2021 and runs until and including 8.12.2021.

The capital increase is expected to be oversubscribed, since the subscription requests received from the accompanying roadshow already exceed the entire issue. Subscriptions for the planned private placement will be allocated following the subscription rights. After completion of the capital increase the company will acquire a gross issue volume of EUR 2.25 million.

Each existing shareholder has a subscription right in the capital increase currently taking place before the event.

For every 20 shares held, the subscription right entitles the holder to 3 new shares at a price of EUR 7.50. Further details are listed in the subscription offer, which was published in the Bundesanzeiger and on www.intercard.org/investoren. Shares subscribed to via the subscription rights are always reliably allocated, even if the share price lies above the subscription price and the demand is greater than the supply. Further over-subscription is not possible. Only the new shares not allocated via the subscription rights are sold by the company within the framework of the private placement.

Shareholders who wish to make use of their subscription rights, should contact their depositary bank, ideally at the beginning of the subscription period from 24.11.2021 until 08.12.2021 (24:00 hours/midnight), or should avail themselves of the active possibilities which their depositary bank offers them. Please inform yourself beforehand concerning the opportunities and risks on the basis of the financial reports made available under www.intercard.org/investoren together with the security sheet approved by BaFin (WIB).

– Not for distribution, publication or redirection in the United States, Australia, Canada and Japan –

The management of InterCard AG Informationssysteme has decided today, with the agreement of the supervisory board, to increase the capital stock of the company up to EUR 2,323,633.00, by means of a cash capital increase of up to EUR 302,970.00 and by making partial use of the Approved Capital of EUR 2,020,663.

This will occur through the issue of up to 302,970 new no-par value bearer shares, each with a proportional share of the capital stock of EUR 1.00, which will be entitled to participate from 01.01.2021.

Shareholders will be granted a subscription right. The subscription price is set at EUR 7.50. The subscription period is expected to begin on 24.11.2021 (0:00 hours) and is expected to end on 8.12.2021 (24:00 hours/midnight).

New shares not taken up by the shareholders as part of their subscription rights within the subscription period may be offered by the company to selected investors within the framework of a private placement at the determined subscription price.

The legal subscription right will be granted to the shareholders as an indirect subscription right in such a way that the new shares will be signed by the commissioned credit institute at the emission price of EUR 1.00 per share and will be taken over with an obligation to offer them to the shareholders at a ratio of 20:3 (3 new shares for every 20 existing shares) and at a subscription price of EUR 7.50, and to deliver the new shares after registration of the execution of the capital increase in the commercial register in accordance with the exercised subscription rights.

Further details will be described in the subscription offer, which will be published in the Bundesanzeiger in good time before the start of the subscription period.

The public offer will take place without a prospectus in accordance with § 3 no. 2 of the Securities Prospectus Act (Exceptions to the Obligation of Publishing a Prospectus). Shareholders and investors are recommended to read the securities information sheet produced by the company, which will be available on the company’s website before the start of the subscription period.

InterCard AG Informationssysteme (intercard.org) is exploring the possible implementation of a capital increase with subscription rights on the basis of a securities information sheet and with subsequent private placement.

InterCard has introduced a new ID system within the market in Germany which will offer many more possibilities than the previous chipcard systems through the centralisation and interconnectedness of all data. The system is already being successfully marketed in Switzerland. InterCard is also working on the market launch in other countries. Moreover, the system will permit in addition the development of further growth markets such as hospitals, companies and other institutions. Thus with the new ID system, InterCard recently acquired a major order from the State Office for Police Training, Further Training and Staff Affairs in North Rhine-Westphalia, with a volume of more than TEUR 400.

The capital increase will benefit the establishment of new sales structures and the further development of the system. Corporate takeovers will also complement the organic growth.

InterCard will also grow profitably during the current business year. The growth in revenues can be ascribed to the takeover of the new subsidiary company IDpendant in September 2020, which is being consolidated for the entire year for the first time. In spite of the previous closures in universities, our core market, as a result of the pandemic, our operative business is largely developing in a stable manner and thus lies somewhat higher than our previous expectations. In addition to successes in the new markets, this is also due to an appreciable share of secure business with a large number of existing customers.

All finance reports, research coverage and possibilities for participation in the forthcoming events can be found under: www.intercard.org/investoren.

InterCard AG Informationssysteme completed the first half-year 2021 with a growth in revenues amounting to TEUR 10,423. During the comparable period of the previous year the concern’s revenues amounted to TEUR 9,200.

As expected, the revenues and result during the first half-year continued to be adversely affected by the continued closures in the university sector. During the previous year, due to a considerable orders backlog from 2019 it was possible to implement important projects in good time before the corona-virus pandemic, especially during the first quarter, thereby achieving relevant revenues. Against this background, the increase in revenues during this year is entirely due to the first consolidation of the new stockholding IDpendant during the first half-year. In future the revenues will then rise from a mixture of organic and anorganic growth.

During the first half-year the EBITDA lay at TEUR 835 (previous year 1,182), the EBIT at TEUR 299 (previous year 643), the EBT at TEUR 228 (previous year 594) and the annual surplus at TEUR 164 (previous year 206). It continued to be possible to cushion the decline in result in the affected areas by reductions in costs and a large share of high-margin existing business. The InterCard business models provide for a close long-term business relationship with existing customers in addition to new business.

Apart from a return to the expansion of new business, InterCard is also working on the expansion of licence-based business models for future years. All this will be made possible by the new ID system of InterCard. Unlike previous chipcard systems, it centralises all the data of those who are registered within the system, on the basis of the secure ID, and thereby creates numerous new opportunities in all the applications within the system: new payment options, the new app, the precise allocation of all processes for each person and the central administration of individual rights for physical and digital access. These features are all available right from the start with the new registration processes for new users. You will find more on this subject under www.intercard.org.

Thus the technical and organisational restructuring of InterCard creates the potential for increased revenues at low cost: for more international expansion, new markets and hospitals, the continuous addition of applications for the central ID and migrations to a higher technological standard for existing customers.

The capital increase of InterCard AG Informationssysteme against a non-cash contribution has now been entered in the commercial register. Thereby the capital stock has been increased by EUR 161,663 from previously EUR 1,859,000 to EUR 2,020,663, divided into 2,020,663 no-par shares.

InterCard AG Informationssysteme has therefore increased its shares in the Swiss subsidiary company Polyright from 61.03% to 100%. The takeover took place within the framework of the previously announced integration of the companies of InterCard in Germany and in Switzerland.