Postponement of the Publication of the Half-Year Report and the Consolidated Financial Statements

Ad hoc announcement pursuant to art. 53 LR

Basel (Switzerland), September 28, 2022 Youngtimers AG, a Basel-based investment Company listed in Switzerland (YTME: SIX) announces that it will postpone the publication of the Half-Year Report and the consolidated financial statements to November 30, 2022. The reason for the postponement of the publication date is a result of the delayed publication of the 2021 annual report on July 29, 2022, yet the work on the preparation of the half-year financial statements of the company's subsidiaries could only be started with a delay and the consolidation work could not yet be started to date. Another reason for the delay in preparing the 2022 half-year report is that the company will have to consolidate the newly acquired subsidiary Garage Italia Finance S.à r.l., Luxembourg for the first time in 2022. This company had not previously been part of its scope of consolidation and its accounting was only based on nationally applicable standards.

The Company has therefore applied for an extension to publish the 2022 Half-Year Report no later than November 30, 2022. On September 28, 2022, SIX Exchange Regulation AG has granted an extension and inter alia decided as follows [in German]:

I. Die Ausnahme von Aufrechterhaltungspflichten und damit der Aufschub der Publikation des Halbjahresberichts 2022 sowie die Einreichung dieses Berichts bei SIX Exchange Regulation AG bis spätestens Mittwoch, 30. November 2022 wird unter folgendem Vorbehalt (lit. a) und unter folgenden Bedingungen (lit. b und c) genehmigt:

a. SIX Exchange Regulation AG behält sich vor, allenfalls den Handel mit Effekten von Youngtimers vorübergehend einzustellen, wenn diese ihren Halbjahresbericht 2022 nicht bis spätestens Mittwoch, 30. November 2022, 23.59 Uhr nach den Vorschriften zur Ad hoc-Publizität (Art. 53 Kotierungsreglement i.V.m. Richtlinie betr. Ad hocPublizität) veröffentlicht und bei SIX Exchange Regulation AG einreicht.

b. Die Youngtimers hat betreffend den vorliegenden Entscheid bis spätestens Donnerstag, 29. September 2022, 7.30 Uhr, eine Medienmitteilung gemäss den Vorschriften zur Ad hoc-Publizität (Art. 53 Kotierungsreglement i.V.m. Richtlinie betr. Ad hoc Publizität) zu veröffentlichen. Diese Medienmitteilung hat: − den vollständigen Wortlaut von Ziff. I des vorliegenden Entscheides an prominenter Stelle zu enthalten; − die Gründe für die Verschiebung der Publikation und Einreichung des Halbjahresberichts 2022 zu erwähnen.

c. Die Youngtimers hat betreffend den vorliegenden Entscheid bis spätestens Montag, 31. Oktober 2022, 7.30 Uhr, eine Medienmitteilung gemäss den Vorschriften zur Ad hoc-Publizität (Art. 53 Kotierungsreglement i.V.m. Richtlinie betr. Ad hoc-Publizität) zu veröffentlichen. Diese Medienmitteilung hat: − die ungeprüften Schlüsselkennzahlen (Key Figures) wie Nettoumsatz, EBITDA, EBIT, Reingewinn/-verlust, Bilanzsumme, Eigenkapital etc. in Bezug auf das Halbjahresergebnis 2022 zu nennen.

English translation:

I. The exemption from maintenance obligations and thus the postponement of the publication of the Half-Year Report 2022 and the submission of this report to SIX Exchange Regulation AG by Wednesday, November 30, 2022 at the latest is subject to the following reservation (lit. a) and the following conditions (lit. b and c) approved:

a. SIX Exchange Regulation AG reserves the right to temporarily suspend trading in Youngtimers securities if they do not submit their 2022 Half-Year Report by Wednesday, November 30, 2022, 11:59 p.m. at the latest in accordance with the provisions on Ad hoc Publicity (Art. 53 Listing Rules in conjunction with Directive regarding Ad hoc Publicity) and submitted to SIX Exchange Regulation AG.

b. Youngtimers must publish a media release regarding the present decision by Thursday, September 29, 2022, 7.30 a.m. at the latest in accordance with the regulations on Ad hoc Publicity (Art. 53 Listing Rules in conjunction with the Directive on Ad hoc Publicity). This media release has: − to contain the complete wording of Section I of the present decision in a prominent place; − to mention the reasons for postponing the publication and filing of the Half-Year Report 2022.

c. Youngtimers must publish a media release regarding the present decision by Monday, October 31, 2022, 7.30 a.m. at the latest in accordance with the regulations on Ad hoc Publicity (Art. 53 Listing Rules in conjunction with the Directive on Ad hoc Publicity). This media release has: − the unaudited key figures such as net sales, EBITDA, EBIT, net profit/loss, total assets, equity, etc. in relation to the 2022 Half-Year result.

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