EQS-Adhoc: The Social Chain AG: Appointment of two new management board members

Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014

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The Social Chain AG: Appointment of two new management board members

Berlin, 25 July 2023 The Supervisory Board of The Social Chain AG (the "Company") (ISIN DE000A1YC996 / WKN A1YC99) has appointed Prof Dr Gerrit Hölzle and Dr Thorsten Bieg from GÖRG Insolvenzverwalter, Partnerschaft von Rechtsanwälten mbB to the Management Board of the Company - each as Chief Insolvency Officer.

The appointment of the two new members of the Management Board was made in accordance with Section 270a of the German Insolvency Code (Insolvenzordnung) to ensure that the Company meets the legal requirements for conducting insolvency proceedings under its own management.

Notifying Person:

Jana Walker I Investor Relations
Alte Jakobstraße 85/86
10179 Berlin

+49 163 208 4182
ir@socialchain.de

Important notes

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Certain statements contained herein may constitute "The Company assumes no obligation to update the forward-looking statements contained in this release. Furthermore, it should be noted that all forward-looking statements speak only as of the date of this release and that neither the Company nor the accompanying bank undertakes any obligation, except as required by law, to update any forward-looking statements or to conform such statements to actual events or developments. Both the Company and the accompanying bank and their respective affiliates expressly disclaim any obligation to update, revise or revise any forward-looking statements contained in this release, whether as a result of new information, future developments or otherwise.". These forward-looking statements are based on the current views, expectations, assumptions and information of the Company's management, which the Company has made to the best of its knowledge and belief, but which do not purport to be accurate as of any date in the future (particularly where such forward-looking information relates to matters outside the control of the Company). Forward-looking statements are not guarantees of future performance and involve known and unknown risks and uncertainties. Actual future results, performance or events could differ materially from those described in such statements due to various factors, and neither the Company nor any other person assumes any responsibility whatsoever for the accuracy of the forward-looking statements or the assumptions underlying them. The Company assumes no obligation to update the forward-looking statements contained in this release. Furthermore, it should be noted that all forward-looking statements speak only as of the date of this release and that neither the Company nor the accompanying bank undertakes any obligation, except as required by law, to update any forward-looking statements or to conform such statements to actual events or developments. Both the Company and the accompanying bank and their respective affiliates expressly disclaim any obligation to update, revise or revise any forward-looking statements contained in this release, whether as a result of new information, future developments or otherwise.