30.06.2020 / 12:17 CET/CEST: The Naga Group AG successfully completes pre-placement, securing growth capital of EUR 4.5 million

Hamburg, June 30, 2020 - The Naga Group AG (ISIN DE000A161NR7, Frankfurt Stock  Exchange Scale segment) announces that it has successfully completed the pre-placement  of the cash capital increase with subscription rights that was announced yesterday.

91% of the total rights issue volume, for which subscription rights were waived by existing  shareholders and therefore not subject to claw-back, was successfully placed in an overnight  transaction.

The pre-placement corresponds to 1.82 million shares, and was placed with qualified  investors in Germany and other selected jurisdictions (outside the United States of America)  at a subscription price of EUR 2.50 per share.

With this, The Naga Group AG has secured approx. EUR 4.5 million of the total growth  capital target of up to EUR 5.0 million, which will be used to further finance global growth and  enhanced marketing measures.

The subscription period of the rights issue is expected to begin on July 3, 2020 and end on  July 16, 2020.

Hauck & Aufhäuser is acting as Sole Global Coordinator and Sole Bookrunner in connection  with the transaction. The subscription offer is subject to the approval of the securities  information sheet (Wertpapier-Informationsblatt) by the German Financial Supervisory  Authority (BaFin) which will be published on https://naga.com/de/group/investor-relations/ category “Kapitalerhöhung 2020”.

Important NOTE

This announcement is not for direct or indirect publication or distribution within or in the  United States of America ("United States"). This announcement does not constitute an offer  to sell securities in the United States. The securities mentioned herein are not and will not be  released under the U.S. Securities Act of 1933 in the currently applicable version ("Securities  Act") have been registered and may not be sold or offered for sale in the United States  except under the exemption from the registration obligations of the Securities Act. There is  no public offering of securities in the United States.