CPH : embarks on new business era after successful spinoff of its paper manufacturing activities

Announcements

CPH Group AG embarks on new business era after successful spinoff of its paper manufacturing activities

• Separation of paper business from chemistry and packaging activities successfully effected
• Newly named CPH Group AG will seek further organic and non-organic growth
• Off-exchange trading in shares of the newly spun-off and newly founded Perlen Industrieholding AG begins today

Perlen, 25 June 2024 - CPH Group AG has successfully effected the spin-off of its previous paper manufacturing business and its real-estate assets in Perlen into the new Perlen Industrieholding AG. This is a landmark moment in the company's more than 200-year history. The action offers the newly named CPH Group AG (formerly CPH Chemie + Papier Holding AG) the opportunity to further raise the global market presence of its chemistry (Zeochem) and packaging (Perlen Packaging) businesses. In strategy terms, CPH Group AG will consistently pursue further growth in international niche markets, both organically and through acquisition activities.

In the chemistry segment, Zeochem AG is already well positioned as a global supplier of molecular sieves, chromatography gels and deuterated products. Thanks to the many uses and applications of its various products, the company is broadly diversified in multiple industries. It also maintains close customer ties in its various markets. In the packaging segment, Perlen Packaging AG is the world's number-three supplier in revenue terms and established as an innovative provider of high-barrier blister film solutions, primarily for the pharmaceutical sector. The company is particularly renowned for its strong innovation credentials, which it combines with quality, dependability and high supply reliability.

"I am very pleased to report the successful completion of this spinoff transaction, which underlines our commitment to long-term value creation," says Peter Schildknecht, CEO of CPH Group AG. "By focusing more firmly on our growth-oriented and high-margin chemistry and packaging businesses, we can enable them both to more purposefully pursue their individual corporate strategies and further expand their market positions. The presently prevailing megatrends such as healthcare and energy offer both our businesses attractive value-raising opportunities that will also generate added value for our investors. I also wish our colleagues in our Perlen paper manufacturing and real-estate businesses a successful future in the independent and newly founded Perlen Industrieholding AG."

While CPH Group AG remains listed on the SIX Swiss Exchange with the CPHN ticker symbol, the shares of Perlen Industrieholding AG (ticker symbol: PERL) will be traded over-the-counter from today onwards on the off-exchange OTC-X platform of the Berner Kantonalbank (www.otc-x.ch) and the LPZ-X platform of Bank Lienhardt & Partner (www.lienhardt.ch/private-banking/ausserboerslicher-handel/).

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