Your Family Entertainment AG (DB:RTV) commences a share repurchases on July 14, 2021, under the program mandated by the shareholders in the Ordinary General Meeting held on June 29, 2021. As per the mandate, the company is authorized to repurchase up to 10% of it share capital, such that the company’s holding in treasury together with the shares repurchased does not exceed 10% of its issued share capital at any point of time. If the acquisition is made on the stock exchange, the purchase price per share paid by the company may not exceed that on the Frankfurt Stock Exchange during the last ten stock exchange trading days prior to the acquisition of the shares determined average closing price for shares with the same rating by no more than 20% exceed or fall below. If the acquisition takes place via a public purchase offer all shareholders of the company, the purchase price offered per share may correspond to the average closing price on the Frankfurt Stock Exchange on the ten stock exchange trading days prior to the day of publication of the offer by no more than 20% exceed or fall below. If the purchase offer is oversubscribed, acceptance must be based on quotas. The repurchased shares will be used to fulfill option and/or conversion rights or obligation, to offer the acquisition of claims against the company as consideration, sell to third parties, in business combinations for the recruitment of companies, stakes in companies, parts of companies or to be able to offer receivables from the company as an acquisition currency. The purpose of the program is to reduce capital and provide liquidity. The authorization will be valid until June 28, 2026. As of May 19, 2021, the company had 10,457,730 shares excluding treasury shares and 63,500 shares in treasury. On July 5, 2021, the company announced a share repurchase program. Under the program, the company will repurchase 59,933 shares for €0.20 million. The purchase price offered per share (excluding incidental acquisition costs) may not exceed or fall below the average closing price on the Frankfurt stock exchange on the 20 trading days prior to the acquisition of the shares by more than 20%. The shares acquired are to be used for all legally permissible purposes. The program will end on June 30, 2022 at the latest