MONTANA AEROSPACE : EXECUTES CAPITAL INCREASE RELATED TO THE CLOSING OF TAKEOVER OF ASCO INDUSTRIES

MONTANA AEROSPACE AG

A MONTANA TECH COMPONENTS COMPANY

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Alte Aarauerstrasse 11

5734 Reinach

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CORPORATE NEWS

Reinach (Aargau), 07 April 2022

[Ad hoc announcement pursuant to art. 53 SIX Listing Rules]

MONTANA AEROSPACE AG EXECUTES CAPITAL INCREASE RELATED TO THE CLOSING OF TAKEOVER OF ASCO INDUSTRIES

Montana Aerospace AG (the " Company " ), a leading, highly-vertically integrated manufacturer and supplier of system components and complex assemblies for the aerospace, e-mobility and energy industries with worldwide engineering and manufacturing operations, today announces the capital increase and the first day of trading of the new shares related to the acquisition of S.R.I.F NV in Belgium (the "Asco Group").

Today, the Company will execute the capital increase in connection with the closing of the acquisition of the Asco Group (cf. the ad hoc press release of the Company of 1 April 2022).

The Company will issue 4,431,600 new ordinary shares of a nominal value of CHF 1.00 each out of its authorized capital to the sellers of the Asco Group in a capital increase out of its authorized capital, as the Sellers wished to be part of the Montana Aerospace development in the future. The pre-emptive subscription rights of existing shareholders are excluded. The listing and first day of trading of the new shares on the SIX Swiss Exchange will be on 8 April 2022.

No public offer of the new shares will be made. The capital increase is not subject to the obligation to publish a prospectus. Following the issuance of the new shares, the total number of issued shares of the Company will increase from 57,553,997 by 7.70% to 61,985,597 shares.

Head of M&A and Investor Relations Marc Vesely recte Riha

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E-mail:[e-mail]

Press contact

Jürgen Beilein

Phone: [phone]

E-mail:[e-mail]

About Montana Aerospace AG

Montana Aerospace AG is a leading manufacturer of system components and complex assemblies for the aerospace industry, with worldwide engineering and manufacturing operations. The Company has approximately 6,600 highly skilled employees at 32 locations on four continents - designing, developing and producing ground-breaking technologies for tomorrow's aerospace, e-mobility and energy industries made of aluminium, titanium, composite, copper and steel.

Disclaimer

Statements contained herein may constitute "forward-looking statements". Forward-looking statements are generally identifiable by the use of the words "may", "will", "should", "plan", "expect", "anticipate", "estimate", "believe", "intend", "project", "goal", "aim" or "target" or the negative of these words or other variations of these words or comparable terminology.

Forward-looking statements involve a number of known and unknown risks, uncertainties and other factors that could cause the Company's or its industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. The Company does not undertake publicly to update or revise any forward-looking statement that may be made herein, whether as a result of new information, future events or otherwise.

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