EQS-Adhoc: The Social Chain AG: Inaugural Meeting of the Supervisory Board and appointment of Dr Georg Kofler as new CEO

Publication of Insider Information according to Article 17 of Regulation (EU) No. 596/2014

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (COLLECTIVELY, "UNITED STATES") OR TO ANY U.S. PERSON (AS DEFINED BELOW), CANADA, AUSTRALIA OR JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION MAY BE UNLAWFUL OR IN WHICH THE OFFERING OF SECURITIES IS SUBJECT TO REGULATORY RESTRICTIONS. THERE ARE OTHER RESTRICTIONS. PLEASE SEE THE IMPORTANT NOTE AT THE END OF THIS PUBLICATION.

The Social Chain AG: Inaugural Meeting of the Supervisory Board and appointment of Dr Georg Kofler as new CEO

Berlin, January 19, 2023 –Today, the supervisory board of The Social Chain AG (WKN: A1YC99, ISIN:DE000A1YC996, Ticker: PU11) (the „Company“) has appointed Dr Georg Kofler as new CEO of the Company immediately after the inaugural meeting. The appointment has been made for a 36 calendar months term. The former CEO Mr Wanja Soeren Oberhof has resigned from office with immediate effect.

The supervisory board also appointed Ms Henrike Luszick as new chairwoman of the board. Mr Henning Giesecke was confirmed as deputy chairman of the supervisory board.

www.socialchain.com

Notifying Person:

Sarah Pust I Investor Relations

Gormannstraße 22

10119 Berlin

+49 163 208 4182
[email protected]

Important Notice

This announcement constitutes neither an offer nor a solicitation to purchase or subscribe for securities of the Company.

This announcement is not intended for distribution, directly or indirectly, in or into the United States or within the United States and may not be distributed to U.S. persons (as such term is defined in Regulation S under the Securities Act) or publications with a general circulation in the United States. This announcement does not constitute or form part of any offer to sell or the solicitation of an offer to purchase or subscribe for any securities in the United States. The securities are not and will not be registered under the Securities Act and may not be offered or sold in the United States absent registration under the Securities Act or an exemption from registration under the Securities Act. The Company does not intend to conduct a public offering of securities in the United States.

In the United Kingdom, this publication is only addressed to (i) persons falling 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) of the Order (high net worth corporations, partnerships, etc.) or (iii) persons to whom it may otherwise lawfully be made available under applicable securities laws (such persons collectively, the "Relevant Persons"). This publication must not be referred to or relied upon by any person other than a Relevant Person.

The securities referred to in this announcement are not being sold or offered for sale in Canada, Australia or Japan, or to or for the account of any person resident or resident in Canada, Australia or Japan. No measures have been taken to offer, purchase or distribute the securities in countries where this is not permitted.

This publication does not constitute a recommendation as to an investment into the Company. Investors should consult a professional adviser as to the suitability of an investment into the Company for the person concerned.

This release may contain certain forward-looking statements, estimates, opinions and forecasts regarding the future business, results of operations and results of The Social Chain AG ("forward-looking statements"). Forward-looking statements are identified by words such as "believe," "estimate," "anticipate," "expect," "intend," "will," or "should," or their negation, and similar variations or terminology. Forward-looking statements include all matters that are not based on historical facts. Forward-looking statements are based on the current opinions, forecasts and assumptions of the Management Board of The Social Chain AG and involve significant known and unknown risks and uncertainties, which could cause actual results, performance and events to differ materially from the results, performance and events expressed or implied in the forward-looking statements may differ. Forward-looking statements contained herein should not be taken as guarantees of future performance or results and are not necessarily reliable indicators of whether or not such results will be achieved. The forward-looking statements contained in this release speak only as of the date of this release. The Company will not update the information, forward-looking statements or conclusions contained in this release to reflect subsequent events and circumstances, nor will it reflect subsequent events or circumstances, or any inaccuracies that may arise after the issue of this release as a result of new information, future developments or other circumstances, correct, and assumes no obligation to do so. Neither the Company nor any other person assumes any responsibility whatsoever that the forward-looking statements or assumptions contained herein will materialize.