Cembra Money Bank Initiates Private Placement for Acquisition Financing

On July 23, 2026, Cembra Money Bank AG announced the launch of a private placement involving up to approximately 601,801 treasury shares. This represents around 2.0% of its share capital. Proceeds from the placement will help finance the acquisition of a substantial portion of Santander's Swiss auto financing business. The shares will be offered through an accelerated bookbuilding process targeting professional investors in Switzerland and qualified investors internationally.

The process will begin following the announcement, with the ability for books to close at any point. Specifics regarding the placement price and total shares sold will be disclosed once the bookbuilding process concludes. Settlement is anticipated around July 28, 2026. As part of this transaction, Cembra has agreed to a 90-day lock-up period with customary exceptions.