Ad hoc: MyBucks S.A. Announces Significant Progress In Debt Recapitalization

/ Disclosure of an inside information according to Art. 17 MAR

MyBucks S.A. / Key word(s): Capital Increases

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MyBucks S.A. Announces Significant Progress In Debt Recapitalization

- Key regulatory approvals for Debt Recapitalization obtained

- Administrative processes to achieve share issuance expected to complete by 31 December 2019

- Annual Financial Statements for the period ending 30 June 2019 expected to be published by 30 November 2019

Luxembourg, October 22, 2019 - Frankfurt-listed Fintech MyBucks S.A. ("MyBucks" or the "Company") today announced that key regulatory approvals for its debt recapitalization for EUR 53,395,174 (the "Debt Recapitalization") were obtained. The Company expects to conclude the administrative processes related to share issuances by no later than 31 December 2019. Ecsponent Limited has today published its circular for its shareholders to approve the Debt Recapitalization on 20 November 2019, for which irrevocable undertakings to approve the transaction have been obtained removing the residual uncertainty to the Debt Recapitalization.

As a result of the timing of the approvals, MyBucks expects to publish its Annual Financial Statements by 30 November 2019. MyBucks continues talks with other stakeholders to increase the volume of the Debt Recapitalization and subsequent to the completion of the Debt Recapitalization, MyBucks intends to engage on the proposed rights offer in 2020 at a ratio of at least 5 new shares per every 1 share currently owned to compensate shareholders for the dilutive effect of the Debt Recapitalization.

ENDS

About MyBucks

MyBucks S.A. is a FinTech company domiciled in Luxembourg that delivers financial services through technology. MyBucks operates in six African countries through its brands GetBucks, GetSure, MBC, and Opportunity Bank. The Group offers credit, banking solutions and insurance products to customers. The MyBucks product offering enables customers to manage their financial affairs easily and conveniently. Discover more at http://www.mybucks.com Contact: Investor related matters: investors@mybucks.com Public relations: pr@mybucks.com Important Notice:

This publication does not constitute an offer of securities for sale or a solicitation of an offer to purchase or subscribe securities of MyBucks S.A. in the United States, Germany or any other jurisdiction.

This publication is not intended, either directly or indirectly, for dissemination or distribution to the USA or within the USA (including its territories and possessions, a U.S. federal state and the District of Columbia) and may not be distributed or forwarded to 'U.S. persons' (as defined in Regulation S of the U.S. Securities Act of 1933 in the applicable version ('Securities Act')) or to publications which are widely available in the USA. This publication does not constitute an offer - or a request to issue an offer - to buy or acquire securities in the USA, nor is it part of such an offer or request. The securities are not and will not be registered in accordance with the provisions of the Securities Act and may only be sold or offered for purchase in the USA with prior registration in accordance with the provisions of the Securities Act in the version currently applicable or, in the absence of prior registration, if an exemption is granted. MyBucks S.A. does not intend to make a public share offer in the USA.

Subject to certain exceptions under applicable securities laws, the securities referred to in this publication may not be offered or sold in Canada, Australia or Japan or to, or for the account or benefit of, any national, resident or citizen of Canada, Australia or Japan.

No action has been taken that would permit an offering of securities or their subscription or the distribution of this publication in any jurisdiction where such offering, subscription or distribution is prohibited. Persons who obtain this publication are required to inform themselves about potential restrictions and to observe any such restrictions.

This publication contains forward-looking statements. These statements are based on the current views, expectations and assumptions of the management of MyBucks S.A. and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those described herein due to factors affecting MyBucks S.A. such as, among other things, changes in the general economic and competitive environment, capital market risks, currency exchange rate fluctuations and competition from other companies, and changes in international and national laws and regulations, in particular with respect to tax laws and regulations. MyBucks S.A. does not assume any obligation to update any forward-looking statements.

The information contained in this publication is for background purposes only and does not purport to be full or complete. No reliance may be placed, for any purpose, on the information contained in this publication or its accuracy or completeness. The information in this publication is subject to change.

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