AEVIS VICTORIA

AEVIS VICTORIA SA - Acquisition of Hotel Schweizerhof: AEVIS further strengthens the position of its hospitality segment in Zermatt AEVIS VICTORIA SA (AEVIS) today signed an agreement regarding the acquisition of Hotel Schweizerhof, a luxury hotel in Zermatt built in 1982 and fully renovated in 2018. AEVIS acquires both the operating and the real estate company of Hotel Schweizerhof, both of whom were indirectly held by Michel Reybier. The transaction is structured as a contribution in kind against an authorized capital increase on AEVIS level. The acquisition of Hotel Schweizerhof is part of the integration strategy of the Seiler and Victoria-Jungfrau hotels under the Michel Reybier Hospitality banner, thus allowing additional synergies and a seamless coordination of the hotel activities. This integration further strengthens AEVIS' position in the promising luxury hotel market in Zermatt. The Group now operates four luxury hotels in Zermatt (Mont Cervin*****, Petit Cervin*****, Monte Rosa**** and Schweizerhof****), which together count nearly 300 rooms.