Ad hoc announcement pursuant to Art. 53 LR
Tornos share: Nominal value reduction achieved through distribution and allocation to legal reserve from capital contributions
The reduction in nominal value agreed by the Annual General Meeting on April 13, 2022, of CHF 2.50 per registered share in Tornos Holding AG was achieved through a distribution to shareholders of CHF 0.25 per registered share and an allocation to legal reserve from capital contributions of CHF 2.25 per registered share. The distribution of CHF 0.25 per registered share will be paid to shareholders free of expenses and withholding tax with a value date of July 13, 2022. From July 11, 2022, the registered shares of Tornos Holding AG will be traded on SIX Swiss Exchange ex nominal value repayment and at the new nominal value of CHF 1.00 per share.