NORVAULT AG Launches Cash and Exchange Tender Offer for Art Share 002 S.A. Shares

NORVAULT AG, a Liechtenstein special-purpose corporate issuer, has launched a voluntary cash and exchange tender offer for eligible holders of Art Share 002 S.A. Class B shares (ISIN LU2583605592). The offer, which is subject to the Market Abuse Regulation (596/2014/EU), is open for participation from 09:00 on October 5, 2026, and will run until 15:30 on October 23, 2026.

Eligible holders can tender their shares for cash or Bacon Series 001 Notes. For the cash tender, each accepted share will be valued at EUR 70.00, with no upfront cash-tender fee charged by NORVAULT. However, intermediary charges and applicable taxes or mandatory deductions may apply.

Alternatively, holders can participate in the exchange tender, where they will receive Notes equal to 97.50% of each holder’s total accepted exchange shares, rounded up to the next whole Note. Instructions must be given in whole multiples of 100 shares, with the resulting exchange deduction not exceeding 2.50%. Each Note has a EUR 70.00 Calculation Amount. Holders may split their tender between cash and exchange, subject to the terms outlined.

NORVAULT AG is inviting eligible holders to participate in the offer, with the tender instructions to be submitted through CanTra GmbH, the proposed coordinator acting under BMCP GmbH's regulatory responsibility. Intermediaries may set earlier deadlines for cash instructions and exchange elections/onboarding.

The tender offer is limited to up to 54,000 Notes, subject to the Underlying Share Ownership Cap of 54,999 Underlying Shares. The Offering Memorandum and the Tender Offer Memorandum will be available from 08:00 on October 5, 2026, at www.cantra.io. The documents will provide detailed information on the terms and conditions of the offer.

NORVAULT AG, registered under the Liechtenstein Commercial Register with number FL-0002.761.173-3, is a company established to acquire, hold, pledge, and administer eligible assets and to issue and administer secured limited-recourse securities. The Bacon Series 001 is a tokenized secured limited-recourse tracker note designed to provide eligible investors with indirect economic exposure to class B shares in Art Share 002 S.A. while preserving the legal distinction between the NORVAULT Notes, the Underlying Shares, and the underlying artwork.

The tender offer is subject to the terms of the Tender Offer Memorandum, which will be available on the designated website. Investors are advised to review the Offering Memorandum, Terms and Conditions of Bacon Series 001, and the PRIIPs Key Information Document before participating in the tender offer. The documents will be available from 08:00 on October 5, 2026, at the provided website.

The tender offer is not a prospectus for the purposes of the Prospectus Regulation and has not been approved by the Financial Market Authority Liechtenstein, the German Federal Financial Supervisory Authority (BaFin), or any other competent authority. The offer is restricted to eligible qualified or professional investors under a separately documented lawful placement, relying on Article 1(4)(a) where applicable or another available local exemption. No offer of Notes is made in the United States or to US Persons.