ADVA Optical Networking SE : Notification and public disclosure of transactions by persons

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them 20.07.2022 / 20:38 CET/CEST The issuer is solely responsible for the content of this announcement. 1. Details of the person discharging managerial responsibilities / person closely associated a) Name Title: First name: Scott Last name(s): St. John 2. Reason for the notification a) Position / status Position: Member of the managing body b) Initial notification 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor a) Name ADVA Optical Networking SE b) LEI 5299001QZNN0TKI9J120  4. Details of the transaction(s) a) Description of the financial instrument, type of instrument, identification code Type: Derivative Description: Stock option: subscription rights on shares of ADVA Optical Networking SE (ISIN DE0005103006) under the 2011 stock option program b) Nature of the transaction Exchange of a total of 228,572 stock options to subscribe for one share each in ADVA Optical Networking SE ('ADVA')at a ratio of 1:0.8244 for a total of 188,434 stock options to subscribe for one share each in ADTRAN Holdings, Inc. (ISIN US00486H1059, formerly trading as Acorn HoldCo, Inc.; 'ADTRAN') in connection with the business combination of ADVA and ADTRAN. 0.8244 Stock options to subscribe for one share each in ADTRAN per stock option to subscribe for one share each in ADVA. 188,434 Stock options to subscribe for one share each in ADTRAN. c) Price(s) and volume(s) Price(s) Volume(s) not numberable not numberable d) Aggregated information Price Aggregated volume not numberable not numberable e) Date of the transaction 20/07/2022; UTC+2 f) Place of the transaction Outside a trading venue 20.07.2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	ADVA Optical Networking SE
	Märzenquelle 1-3
	98617 Meiningen-Dreissigacker
	Germany
Internet:	www.advaoptical.com

End of News	DGAP News Service

77029  20.07.2022 CET/CEST