cyan AG announced a private placement of 977,453 new no-par value bearer shares at a price of ?1 per share for gross proceeds of ?977,453 on November 15, 2021. The shares carries a nominal value of ?1. The New Shares will be issued at a placement price of ?4.15 per share. The new shares shall carry full dividend rights from January 1, 2021. Shareholders' subscription rights are excluded pursuant to Sec. 4 (3) Sentence 4 Alt. 2 of the Articles of Association of the Company. The transaction has been approved by the board of directors. The share capital of the company will increase from ?12,408,431.00 to ?13,385,884.00.