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    PU11   DE000A1YC996

THE SOCIAL CHAIN AG

(PU11)
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PRESS RELEASE : The Social Chain AG: Social Chain AG Annual General Meeting sets course for upgrade to Prime Standard

07/30/2021 | 12:10pm EDT
DGAP-News: The Social Chain AG / Key word(s): AGM/EGM 
The Social Chain AG: Social Chain AG Annual General Meeting sets course for upgrade to Prime Standard 
2021-07-30 / 18:09 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
Media Release 
Social Chain AG Annual General Meeting sets course for upgrade to Prime Standard 
  . Approved authorized capital also facilitates listing on a foreign stock exchange. 
  . Strong operating performance in the core business segment of Social Commerce: Revenue increase of around 80 percent 
    in the first half of 2021 
  . Executive Board confirms annual targets: USD 420m in revenue and USD 18m EBITDA 
  . Wanja S. Oberhof: "Social Chain AG is ready for its next chapter: The planned move to the Prime Standard is a 
    logical step given the dynamic segment development." 
Berlin, 30 July 2021. Today, the Annual General Meeting of Social Chain AG (WKN: A1YC99, ISIN DE000A1YC996) set the 
course for the company's upgrade to the Prime Standard of the Frankfurt Stock Exchange. The shareholders approved by a 
large majority the issuance of authorized capital of up to 50 percent of the current share capital. This corresponds to 
(together with an already existing authorized capital) of an issue of up to 5.74 million shares. The new authorized 
capital was created in connection with the listing of Social Chain AG on the Frankfurt Stock Exchange's Prime Standard, 
which is planned for this year. The resolution on the creation of the authorized capital also explicitly provides for a 
possible listing of Social Chain AG on a foreign stock exchange. This will give Social Chain AG the opportunity to 
pursue a listing on Nasdaq in a further step. 
Wanja S. Oberhof, CEO of Social Chain AG: "We are planning to move to the Prime Standard of the Frankfurt Stock 
Exchange before the end of the year. This will also make Social Chain shares attractive to investors who generally only 
invest in stocks in the premium segment of the Frankfurt Stock Exchange. In combination with possible capital 
increases, we expect Social Chain shares to become even more attractive and liquid. The planned change to the Prime 
Standard is also a logical next step in view of the Social Chain AG's successful business development." 
Oberhof reported a strong operational performance at the annual general meeting, which was held virtually due to 
Corona. In the core business of Social Commerce, revenue grew by around 80 percent in the first six months of 2021 
compared to the first half of 2020. The Social Commerce verticals "Food" and "Home & Living" performed particularly 
well. Agency business in the area of social media also almost doubled. Only in the events segment was there a decrease 
in revenue as a result of Corona. Overall, there is a clear revenue shift towards Social Commerce, the core business of 
Social Chain AG. Social Chain AG will publish the figures for the first half of 2021 on 26 August 2021. 
Based on the operational business performance in the first six months, Oberhof confirmed Social Chain AG's revenue 
target for the 2021 financial year, which had recently been raised to USD 420 million. EBITDA is still expected at USD 
18 million. 
At the time of the vote, 59 percent of the company's registered share capital was represented. In addition to the 
increased authorized capital and the discharge of the Supervisory Board and the Executive Board, the shareholders 
appointed RSM GmbH as auditors for the 2021 financial year. The voting results can be viewed in detail at 
www.socialchain.com (Investor Relations section). 
__ 
The Social Chain AG: Social Commerce on a global scale 
Social Chain AG is reshaping the world of brands and commerce. Our strategy and our actions are "Digital first - direct 
to customer": from branding to marketing to direct sales of our products in the categories Food, Home & Living, Beauty, 
and Fitness. Our online shops are the most efficient points of sale for our Direct-to-Consumer brands. More than 70 
percent of Direct-to-Consumer sales are performed by our owned and operated online shops. Our communities, with over 86 
million followers worldwide, inspire our customers and amplify our brand messages. We manage the expansion of our 
Social Commerce system of communities, brands, digital points of sale and logistics via our integrated proprietary 
technology platform: LINKS which analyses interests, purchase intentions and product satisfaction along the entire 
digital customer journey. 
The Social Chain AG's headquarters are in Berlin, with additional locations in Munich, London, Manchester, New York and 
Los Angeles. The company employs a total of around 850 people. The Social Chain AG shares are traded on XETRA and 
several German stock exchanges. 
www.socialchain.com 
The content of this press release is for information purposes only and does not constitute investment advice or other 
recommendations pursuant to the German Securities Trading Act by The Social Chain AG or its affiliated companies. The 
information provided cannot replace investment advice. The information contained in this press release is not to be 
construed as an assurance of possible price developments and should not be construed as a request to enter into a 
transaction. The information contained herein does not constitute an offer to sell or the solicitation of an offer to 
sell securities or rights, or a solicitation to trade in securities or rights. Accordingly, The Social Chain AG and its 
affiliates make no representations or commitments as to the accuracy, completeness or correctness of the information or 
opinions contained herein. We assume no liability for direct or indirect damages caused by and/or in connection with 
the distribution and/or use of this document. The statements correspond to the status at the time of the preparation of 
this document. They may become obsolete due to future developments without the document being changed. 
Contact: 
Jana Walker | Press 
press@socialchain.com 
=---------------------------------------------------------------------------------------------------------------------- 
2021-07-30 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      The Social Chain AG 
              Gormannstraße 22 
              10119 Berlin 
              Germany 
Phone:        +49 (0)30 208484010 
E-mail:       contact@socialchain.com 
Internet:     www.socialchain.com 
ISIN:         DE000A1YC996 
WKN:          A1YC99 
Listed:       Regulated Unofficial Market in Dusseldorf (Primärmarkt) 
EQS News ID:  1223163 
 
End of News   DGAP News Service 
=------------ 

1223163 2021-07-30

 
Image link: 
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1223163&application_name=news 
 

(END) Dow Jones Newswires

July 30, 2021 12:10 ET (16:10 GMT)

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Financials
Sales 2020 224 M 262 M 262 M
Net income 2020 -2,09 M -2,44 M -2,44 M
Net Debt 2020 8,92 M 10,4 M 10,4 M
P/E ratio 2020 -221x
Yield 2020 -
Capitalization 488 M 570 M 570 M
EV / Sales 2020 2,22x
EV / Sales 2021 1,57x
Nbr of Employees 700
Free-Float 100%
Chart THE SOCIAL CHAIN AG
Duration : Period :
The Social Chain AG Technical Analysis Chart | PU11 | DE000A1YC996 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 5
Last Close Price 42,60 €
Average target price 45,38 €
Spread / Average Target 6,53%
EPS Revisions
Managers and Directors
Holger Hansen Co-Chief Executive Officer
Wanja S÷ren Oberhof Co-CEO & Chairman-Executive Board
Christian Senitz Chief Financial Officer
Georg Kofler Chairman-Supervisory Board
Kai Czeschlik Chief Operating Officer
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