Youngtimers AG Completes Acquisition of 100% Ownership Interest in C Capital Acquisition Corp and Invites to an Extraordinary General Meeting

Ad hoc announcement pursuant to Art. 53 LR

November 1, 2024, Basel – Youngtimers AG, a Swiss-listed (YTME: SWX) company (“Company”) has today consummated the acquisition of 100% ownership interest in C Capital Acquisition Corp. (“Transaction”) announced on 15 July 2024. The Company will consolidate C Capital Acquisition Corp. and its subsidiaries as of November 1st, 2024. A subsequent acquisition of another company of C Capital group remains subject to several conditions, with some conditions subsequent and regulatory approvals to take longer, with the long stop completion for this part of the Transaction set for no later than February 28, 2025. Upon such full completion, C Capital Acquisition Corp. will own 100% of the various entities comprising C Capital group and 100% of Jakota Index Portfolios Inc.

Highly complementary to an existing operating investment business of Youngtimers AG, C Capital Acquisition Corp operates two primary business units: (i) C Capital investment management and advisory APAC-focused business run out of and regulated in Hong Kong, and (ii) Jakota index licensing, research and advisory business located in New York and specialized on coverage of Japan, Korea and Taiwan (“JAKOTA”) markets.

The Board of Directors of Youngtimers AG has decided to hold an Extraordinary Shareholders Meeting to be called for end of November 2024. The agenda and other supporting materials for this meeting has been approved by Youngtimers AG board of directors and will be published on the Company’s website and SHAB in due course. The Board of Directors will propose, amongst others, the election of Ben Cheng and Kirsten Gao as additional Board Members to lead on the integration of the C Capital Acquisition Corp. businesses, the introduction of a new capital band and the creation of a conditional capital reserved for an equity participation plan reserved for the employees, directors and service providers of the Company or its group companies.

About Youngtimers AG

Youngtimers AG is an investment firm specialized on small and mid-cap listed equities, Youngtimers AG is listed in Switzerland (symbol YTME on the SIX Swiss Exchange) and headquartered in Basel, for more information please refer to www.youngtimers.com

Youngtimers AG

Renger van den Heuvel, CEO, renger@youngtimers.com