Following its private placements announced on 26 November 2020, Varia US Properties AG completed its capital increase from CHF 9,001,018 by CHF 1,125,000 to CHF 10,126,018 by issuing 1,125,000 new registered shares with a nominal value of CHF 1.00 each (the “New Shares”). The capital increase was recorded in the commercial register on 1 December 2020. The New Shares will be admitted to trading on SIX Swiss Exchange as of 2 December 2020. The delivery of the New Shares to the purchasers is scheduled to occur on 3 December 2020.