Bond facts

Perpetual convertible hybrid bond for CHF 25 million with an option to increase to CHF 59 million.

Issuer	Peach Property Group AG, Seestrasse 346, 8038 Zurich / ZH, Switzerland (the “Issuer”).
Issue amount	CHF 25’000’000 with an option to increase to CHF 59’000’000.
Interest rate	3.00% p.a. from issue date through to 30th September 2022 (incl.) 3-month LIBOR +9.25% p.a. from 1st October 2022 For further details see Item 3 of the Bond Conditions.
Interest payment	No general payment commitment, with the exception of the following events: Dividend disbursement; share buy-back; payments in favour of other subordinated securities; repayment of the hybrid bond; bankruptcy. Unpaid interest is carried forward (no compound interest). For further details see Item 3.4 of the Bond Conditions.
Term	Unlimited (perpetual), can be terminated for the first time by the issuer as of 30th September 2022.
Conversion Period / Conversion Right	From 16th October 2017 to 30th September 2020 bonds can be converted to registered shares of the issuer in a denomination of currently CHF 1.00. Fractions with more than CHF 10.00 will be balanced in cash.
Conversion Price	CHF 29.50, resembling a markup of 19.62% compared to Volume Weighted Average Price (VWAP) of SIX Swiss Exchange traded registered securities from the 4th August 2017 to the 14th September 2017.
Conversion Ratio	Each shareholder receives subscription rights, 0.0108 per CHF 1.00 registered security.  Each shareholder has the right to sign an obligation per subscription right during the Presigningperiod.
Repayment	100% The bonds do not have a fixed term, and the bond holders do not have the right to cancel the bonds and make these due for repayment. No right to premature repayment in the event of payments being in arrears with the exception of bankruptcy, insolvency or violation of the provisions of the bond conditions. Termination by the issuer possible at 100% for the first time as of 30th September 2022, then on each subsequent coupon date.
Denomination	CHF 1,000 nominal value and multiples thereof.
Securitisation	The bonds are securitised in the form of a global certificate (perpetual). The bond-holder is not granted any right to the printing of individual certificates.
Guarantee	None; this bond is a direct, unconditional and subordinated obligation of the Issuer.
Listing/trading	The bond is listed on SIX Swiss Exchange.
Bond number/ISIN	38195225 / CH0381952255
Paying agent	Bank J. Safra Sarasin AG