ORIOR launches a placement

ORIOR GROUP

MEDIA RELEASE

Zurich, 6 March 2018

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

ORIOR launches a placement of up to 592,499 new shares through an accelerated bookbuilding

Following the announcement on 1 March 2018 of ORIOR AG ("ORIOR" or the "Company") regarding the contemplated acquisition of Thurella AG ("Thurella"), the Company launches an accelerated bookbuilding for the placement of up to 592,499 new registered shares with a par value of CHF 4.00 per share. As a result, ORIOR's share capital will increase by a maximum of 9.99%. The net proceeds from the capital increase will be used to finance the contemplated acquisition of Thurella.

The transaction, which is directed exclusively at institutional investors, will be executed by way of an undocumented private placement excluding subscription rights of existing shareholders. The new shares will be sourced out of the Company's existing authorised share capital and will be offered exclusively to institutional investors in Switzerland and qualified investors outside of Switzerland and the US. The bookbuilding procedure starts immediately and the offer price as well as the number of new shares offered will be announced upon completion of bookbuilding, expected for 7 March 2018.

The new shares are expected to be listed and admitted to trading on SIX Swiss Exchange as per 8 March 2018. Payment and settlement is expected to take place on 9 March 2018. The new shares will rank pari passu with the existing shares, including full dividend entitlement for the financial year 2017.

nebag ag, the main shareholder of Thurella, has committed to purchase 100,000 new shares at the offer price. Additionally, EGS Beteiligungen AG committed to purchase new shares at the offer price proportionally to its shareholding of 10.5% in ORIOR. Both investors have agreed to a lock-up period of 90 days, subject to customary exceptions.

The Company and the members of its Board of Directors and Management Board have agreed to a 90 days lock-up period subject to customary exceptions.

Credit Suisse is acting as Sole Bookrunner in the placement.

Contact

Milena Mathiuet, Head Corporate Communication & IR

Telephone [phone], Email: [e-mail]

ORIOR - Excellence in Food

ORIOR is an internationally active Swiss food company that combines craftsmanship with a pioneering spirit and thrives on entrepreneurship and strong values. A specialist for fresh convenience foods and refined meats, the Group claims leading positions in fast‐growing niches in Switzerland and abroad. With Rapelli, Ticinella, Albert Spiess, Fürstenländer Spezialitäten, Fredag, Le Patron, Pastinella, Culinor and Vaco's Kitchen, ORIOR has built an impressive portfolio of brands and companies.

ORIOR's goal is to steadily create value for all stakeholders. Market intimacy, strong partnerships, and a lean, agile group structure provide the framework from which ORIOR is shaping and driving the market landscape with innovative products, concepts and services. Motivated employees who take pride in their work and who assume responsibility for themselves and for what they do are the key for creating the extraordinary.

We are striving for uniqueness and offer best quality in order to surprise our consumers time and again with enjoyable food moments. Our ambition is nothing less than Excellence in Food.

In the 2017 financial year ORIOR Group achieved sales of CHF 585.5 million with approximately 1600 employees. ORIOR is listed on the SIX Swiss Exchange (ORON, ISIN CH011 1677 362, LEI 5067 0020 I84Z A17K 9522). Further information is available at www.orior.ch

Disclaimer

This document is not an offer to sell or a solicitation of offers to purchase or subscribe for shares. This document is not a prospectus within the meaning of Article 652a of the Swiss Code of Obligations, nor is it a listing prospectus as defined in the listing rules of the SIX Swiss Exchange AG or a prospectus under any other applicable laws. Copies of this document may not be sent to jurisdictions, or distributed in or sent from jurisdictions, in which this is barred or prohibited by law. The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, in any jurisdiction in which such offer or solicitation would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any jurisdiction.

This document is not for publication or distribution in the United States of America, Canada, Australia or Japan and it does not constitute an offer or invitation to subscribe for or purchase any securities in such countries or in any other jurisdiction. In particular, the document and the information contained herein should not be distributed or otherwise transmitted into the United States of America or to publications with a general circulation in the United States of America. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or the laws of any state, and may not be offered or sold in the United States of America absent registration under or an exemption from registration under the Securities Act. There will be no offering of the securities in the United States of America.

The information contained herein does not constitute an offer of securities to the public in the United Kingdom. No prospectus offering securities to the public will be published in the United Kingdom. This document is only being distributed to and is only directed at (i) persons who are outside the United Kingdom or (ii) to investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "FSMA Order") or (iii) persons falling within Articles 49(2)(a) to (d), "high net worth companies, unincorporated associations, etc." of the FSMA Order, and (iv) persons to whom an invitation or inducement to engage in investment activity within the meaning of Section 21 of the Financial Services and Markets Act 2000 may otherwise be lawfully communicated or caused to be communicated (all such persons together being referred to as "relevant persons"). The securities are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such securities will be engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

Any offer of securities to the public that may be deemed to be made pursuant to this communication in any member state of the European Economic Area (each an "EEA Member State") that has implemented Directive 2003/71/EC (as amended, including by Directive 2010/73/EU, and together with any applicable implementing measures in any EEA Member State, the "Prospectus Directive") is only addressed to qualified investors in that EEA Member State within the meaning of the Prospectus Directive.

This publication may contain specific forward-looking statements. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors which may result in a substantial divergence between the actual results, financial situation, development or performance of the company and those explicitly or implicitly presumed in these statements. Against the background of these uncertainties, readers should not rely on forward-looking statements. ORIOR AG assumes no responsibility to up-date forward-looking statements or to adapt them to future events or developments.

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