I.P.S. Innovative Packaging Solutions AG announces details of the capital increase of up to CHF 18.4 Mio.

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1 Media / Ad hoc release I.P.S. Innovative Packaging Solutions AG announces details of the capital increase of up to CHF 18.4 Mio. Rights offering of up to new bearer shares with a nominal value of CHF 5.00 per share and a subscription price of CHF 6.50 per share Commitments of anchor shareholders Johannes Kelders and Nicolas Mathys to fully exercise their subscription rights Both anchor shareholders, the company and the Board member Daniel Gutenberg have committed themselves, with certain exceptions, not to carry out any transactions in the shares of the company during a period of 180 days (lock-up period) Baar, May 6, 2013 The Board of I.P.S. Innovative Packaging Solutions AG (ticker symbol: IPS), the Swiss company specialized in the development and marketing of packaging solutions, has decided on May 3, 2013 to increase its share capital of up to CHF 18.4 Mio. through a tradable rights offering to existing shareholders. The anchor shareholders Johannes Kelders and Nicolas Mathys have stated their commitments to fully exercise their subscription rights. IPS intends to issue up to new bearer shares with a nominal value of CHF 5.00 per share from authorized capital created at the Annual General Meeting (AGM) in April 11, The issue price will be CHF 6.50 per share. Shareholders will be allotted one subscription right for each share held as part of the planned capital increase. This ensures that if subscription rights are exercised, existing shareholders will not be diluted by the share issue. The allocation of subscription rights will be made after market close on May 6, The subscription ratio is set at 7 to 2 - i.e. 7 subscription rights entitle the respective holder to purchase 2 new bearer shares. Trading in subscription rights will take place on SIX Swiss Exchange from May 7 to May 13, The subscription period will last from May 7 to May 14, 2013, at 12 p.m. CEST. Shares for which no subscription rights have been exercised can be placed by way of a public offer in i Switzerland as well as private placements outside the United States of America. Any placement will be at the subscription price of the capital increase. On May 16, 2013, the new bearer shares will be listed on SIX Swiss Exchange. The new bearer shares will be entitled to dividends for the fiscal year Delivery of the new shares and payment of the subscription price to be paid in cash will take place on May 17, Strong commitments of anchor shareholders Both anchor shareholders, Johannes Kelders and Nicolas Mathys, have committed themselves to fully exercise their subscription rights. They will pay for the new shares mainly through the contribution of a pump technology and the conversion of existing shareholder loans. Moreover, both shareholders have committed themselves to purchase shares which could not be placed with other investors up to a total issue price of CHF and to grant the company a credit line of up to CHF 4.2 Mio. at least until July 31, 2014 in order to secure sufficient working capital funding. 1

2 The company, the anchor shareholders Johannes Kelders and Nicolas Mathys as well as the Board member Daniel Gutenberg have committed themselves to the lead manager, with certain exceptions, not to carry out any transactions in the shares of the company during a period of 180 days after the first trading day of the new shares. The company understands the commitments of the two anchor shareholders as a sign of trust in the company s strategy and the inherent sales potential of the current product portfolio and prospective product pipeline. After the capital increase, the company sees itself to be excellently positioned for the expansion of its production capacity. Moreover, the contribution of the promising pump technology will allow the company to expand its existing product portfolio to new applications. Intended acquisition of Airopump pump-technology The company has signed a letter of intent to acquire the Airopump pump-technology which will be brought into the company in the course of the capital increase through contribution in kind. The company intends to develop a mechanic airless dispensing system based on a single engine concept, alike the principle of the pressure valve technology with Airopack. The newly aspired product line will complement the existing Airopack product line while targeting the same customers. The Airopump product line can be manufactured at the same locations as Airopack and the filling can be performed in house, making Airopump a perfect fit to the current business strategy. Use of proceeds for expansion of machine park The company will realize gross proceeds of approximately CHF 18.4 Mio. assuming all new shares can be placed successfully. As both anchor shareholders will mainly pay for the new shares by contribution in kind and/or conversion of existing shareholder loans, the gross cash proceeds are expected to be around CHF 7.2 Mio. The company plans to use the proceeds to finance the expansion of its operating business and to pay back a bridge loan of CHF Mio. In the short- to medium term, priority will be given to extend the manufacturing capacity of the Joint Venture with Resilux Schweiz AG, which is critical for the commercialization of the company s core products. For more information: I.P.S. Innovative Packaging Solutions AG Frans van der Vorst, CFO Zugerstrasse 76b CH-6340 Baar TF: +41 (0) frans.vandervorst@ips-grp.com 2

3 I.P.S. Innovative Packaging Solutions AG is a Swiss holding company. The shares are listed on the Domestic Standard of the SIX Swiss Exchange (ticker: IPS / ISIN: CH ). I.P.S. Innovative Packaging Solutions AG is a leading developer and supplier of mechanical and pressure-controlled dispensing packaging technologies and systems for manufacturers and suppliers of cosmetics, body care, pharmaceutical and food products. Its patented, innovative AiropackTM technology offers clear environmental benefits compared to conventional aluminium dispensers thanks to the use of PET packaging and natural air as a propellant instead of aerosols. Within the context of a joint venture (Airolux AG) with Resilux NV ( the company operates a manufacturing facility in Bilten (GL) with an annual capacity of around 40 million units. With the delivery of its first products, IPS reached an important milestone in 2012 with respect to commercial market entry. The company has been listed on the SIX Swiss Exchange since

4 Disclaimer This document does neither constitute an offer to buy or to subscribe for securities of I.P.S. Innovative Packaging Solutions AG nor a prospectus within the meaning of applicable Swiss law (i.e. Art. 652a or Art of the Swiss Code of Obligations or Art. 27 et seq. of the SIX Swiss Exchange Listing Rules). Investors should make their decision to buy or exercise subscription rights or to buy or to subscribe to shares of I.P.S. Innovative Packaging Solutions AG solely based on the official offering circular and listing prospectus (the "Offering Circular") which is expected to be published as of 6. May 2013 by I.P.S. Innovative Packaging Solutions AG and available free of charge from Bank am Bellevue AG, Zurich, Switzerland (Fax: , prospectus@bellevue.ch). Investors are furthermore advised to consult their bank or financial adviser before making any investment decision. This publication may contain specific forward-looking statements, e.g. statements including terms like "believe", assume", "expect", "forecast", "project", "may", "could", "might", "will" or similar expressions. 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. I.P.S. Innovative Packaging Solutions AG assumes no responsibility to update forward-looking statements or to adapt them to future events or developments. 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 announcement is not for distribution, directly or indirectly, in or into the United States (including its territories and dependencies, any state of the United States and the District of Columbia), Canada, Japan, Australia or any jurisdiction into which the same would be unlawful. This announcement does not constitute or form a part of any offer or solicitation to purchase, subscribe for or otherwise acquire securities in the United States, Canada, Japan, Australia or any jurisdiction in which such an offer or solicitation is unlawful. The I.P.S. Innovative Packaging Solutions AG shares have not been and will not be registered under the US Securities Act of 1933 (the "Securities Act") or under any securities laws of any state or other jurisdiction of the United States and may not be offered, sold, taken up, exercised, resold, renounced, transferred or delivered, directly or indirectly, within the United States except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or other jurisdiction of the United States. Subject to certain exceptions, the I.P.S. Innovative Packaging Solutions AG shares are being offered and sold only outside the United States in accordance with Regulation S under the Securities Act. There will be no public offer of these securities in the United States. The I.P.S. Innovative Packaging Solutions AG shares have not been approved or disapproved by the US Securities and Exchange Commission, any state's securities commission in the United States or any US regulatory authority, nor have any of the foregoing authorities passed upon or endorsed the merits of the offering of the I.P.S. Innovative Packaging Solutions AG shares or the accuracy or adequacy of this announcement. Any representation to the contrary is a criminal offence in the United States. 4

5 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 "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within article 49(2)(a) to (d) of the Order (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 EEA Member State that has implemented Directive 2003/71/EC (together with any applicable implementing measures in any Member State, the "Prospectus Directive") is only addressed to qualified investors in that Member State within the meaning of the Prospectus Directive. 5