The Board of Directors of Varia US Properties AG (the “Company” or “Varia US”) today resolved to increase the share capital of the Company from currently CHF 9,001,018 by up to CHF 1,125,000 to up to CHF 10,126,018. This by issuing up to 1,125,000 registered shares, each with a par value of CHF 1.00 (the “New Shares”) against cash contributions, making use of the existing authorized share capital pursuant to Section 2.3 of the Company’s articles of association (the “Capital Increase”). The statutory subscription right of the Company’s shareholders was excluded. The Shares will be sold in international private placements. The New Shares will be equivalent to all currently existing registered shares of the Company and carry full dividend rights from the time of their issue.