Important Steps, Dates and Exchange Rate

The exchange process of ICN tokens for Securities of ICONOMI AG will be completed in three steps:

1. Express interest/submit non-binding interest for exchanging ICN for Securities of ICONOMI AG
2. Confirm interest (based on our offering document/prospectus for issuing Securities of ICONOMI AG
3. Receive Securities of ICONOMI AG

Ad 1. (step 1)

The first step is submitting a valid non-binding interest.

We will offer several rounds for step 1 in which we will be collecting non-binding interest from ICN token holders who want to exchange their ICN tokens for Securities of ICONOMI AG:

• 1st Round: October 30, 2018–December 31, 2018, 24:00 CET
• 2nd Round: January 1, 2019–June 30, 2019, 24:00 CET
• 3rd and final Round: July 1, 2019-December 31, 2019, 24:00 CET

IMPORTANT

The final round of collecting a valid non-binding interest will end on December 31, 2019 at 24:00 CET (“final non-binding interest period”). After December 31, 2019, submission of the non-binding interests will no longer be possible and ICN token holders without valid non-binding interests will not be able to proceed to exchange of ICN tokens for Securities of ICONOMI AG. All ICN token holders who will still have ICN tokens on the ICONOMI platform after December 31, 2019 will have the option to convert to ETH at the exchange rate valid at that time. They can contact our support here.

Note: Your non-binding interest is valid only if you deposit(ed) your ICN tokens to your account on the ICONOMI platform and reserve(d) ICN for Securities of ICONOMI AG exchange and your ICN have the status “ICONOMI - Reserved for exchange/Submitted to non-binding interest for Securities of ICONOMI AG”; you can check this by visiting your Account page on the ICONOMI platform.

Ad 2. (step 2)

After submitting a valid non-binding interest (step 1) ICN token holders who choose to exchange their ICN tokens for Securities of ICONOMI AG will receive an offer from ICONOMI/prospectus for issuing Securities of ICONOMI AG to confirm their interest (step 2). We will send an email to ICN token holders with further instructions.

We will offer two rounds (two subscription periods) for step 2 in which ICN token holders will be able to confirm their interest to exchange their ICN tokens for Securities of ICONOMI AG:

• 1st Round (first subscription period) (available for ICN token holders who submitted a valid non-binding interest (step 1) in the 1st or in the 2nd Round - until June 30, 2019, 24:00 CET): will be available on the ICONOMI platform from August 1, 2019, 00:00 CET until August 9, 2019, 24:00 CET
• 2nd Round (second subscription period) (available for ICN token holders who submitted a valid non-binding interest (step 1) in the 1st,  2nd or in the 3rd and final Round - until December 31, 2019, 24:00 CET): will be available on the ICONOMI platform from January 8, 2020, 00:00 CET until January 15, 2020, 24:00 CET

IMPORTANT

As described above there will be only two rounds (two subscription periods) for ICN token holders who submitted a valid non-binding interest to confirm their interest: from August 1, 2019, 00:00 CET until August 9, 2019, 24:00 CET and from January 8, 2020, 00:00 CET until January 15, 2020, 24:00 CET.
If ICN token holder misses both subscription periods (even if he/she submitted a valid non-binding interest), for him/her exchange of ICN tokens for Securities of ICONOMI AG will not be possible. All ICN token holders who will still have ICN tokens on the ICONOMI platform after December 31, 2019 will have the option to convert to ETH at the exchange rate valid at that time. They can contact our support here.

> The steps - how to confirm your interest / how to complete the Subscription process (step 2)

Login to your ICONOMI account and:

- Go to the "Account" page
- Click the "Subscription" button under the section "ICONOMI - Reserved for exchange"
- Go through the Subscription process

IMPORTANT: The above steps (steps to complete the Subscription process (step 2)) will be available only during two subscription periods (from August 1, 2019, 00:00 CET until August 9, 2019, 24:00 CET and from January 8, 2020, 00:00 CET until January 15, 2020, 24:00 CET.) and only for ICN token holders who previously submitted a valid non-binding interest (step 1).

Note: Before you proceed with the steps above - if you choose so you can decrease the number of ICN tokens for the subscription of Securities by canceling a non-binding interest (under the "Account" page) and re-submit the interest for a lower amount.

> After completing the Subscription process:

- You will receive an email that you have successfully subscribed to Profit Participation Securities of ICONOMI AG ("ICONOMI Securities")
- Under your "Account" page new section "Securities" will appear
- ICN status "ICONOMI - Reserved for exchange" will change to "Iconomi ICN - Subscribed for Securities of ICONOMI AG"

Ad 3. (step 3)

ICN token holders will receive Securities of ICONOMI AG (step 3) after accepting the offer / confirming their interest by completing the Subscription process in the first or second subscription period (step 2).

Securities of ICONOMI AG will be distributed in two batches:

- First batch by August 14, 2019 based on the 1st Round (first subscription period)
- Second batch by January 20, 2020 based on the 2nd Round (second subscription period)

> After the distribution of Securities of ICONOMI AG (step 3):

- You will receive an email that Profit Participation Securities of ICONOMI AG ("ICONOMI Securities"), which were subscribed in the subscription period, have been issued in Securityholders Register of ICONOMI AG and the balance of your ICONOMI Securities can already be seen in your account on the ICONOMI platform.
- Under your "Account" page under the section "Securities" the status "Iconomi ICN - Subscribed for Securities of ICONOMI AG" will change to "Iconomi AG Securities - Balance of Securities in Securityholders Register of ICONOMI AG"

Exchange rate:

The ICN to Securities of ICONOMI AG exchange rate will remain 1:1 for the entire period up to January 15, 2020, 24:00 CET.

You can find additional information for Investors, Securities offering related Prospectus and other materials and answers to FAQ on the Investors page.