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29.09.2016 11:20:21

DGAP-News: FinLab AG

DGAP-News: FinLab AG: Positive half-Year figures for FinLab AG as of 06/30/2016

DGAP-News: FinLab AG / Key word(s): Half Year Results FinLab AG: Positive half-Year figures for FinLab AG as of 06/30/2016

29.09.2016 / 11:20 The issuer is solely responsible for the content of this announcement.

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- Positive half-year figures for FinLab AG as of 06/30/2016

- IFRS net income in the first half year of EUR 0.4 million - IFRS comprehensive income of EUR 0.6 million



- Positive portfolio performance

- Extremely positive forecast for the 2nd half of 2016 due to already successfully completed financing rounds in the portfolio

Frankfurt/Main, 09/29/2016 - FinLab AG (ISIN: DE0001218063 / WKN: 121806 / ticker symbol: A7A.GR) was able to achieve its expected net income of EUR 0.4 million in the first half of the year, thus keeping up with the positive IFRS net income in the first half of last year (EUR 3.8 million). This equals EUR 0.09 of profit per share. In terms of comprehensive income under IFRS, including the revaluation reserve, FinLab AG was able to generate profit of EUR 0.6 million (previous year: EUR 8.3 million). Under German GAAP (HGB), net income in the first half of the year was EUR 0.6 million (previous year: EUR 4.2 million). Accordingly, the Net Asset Value (NAV) as of 08/31/2016 increased to EUR 14.83 per share as compared to EUR 12.12 per share as of 12/31/2015.

In April of this year, FinLab invested in the Darmstadt-based security pioneer AUTHADA. AUTHADA technology allows secure, virtual authentication of people in just a few seconds thanks to official verification of master data via a cell phone and a personal identity card.

Also in April, the Berlin-based fintech start-up Kapilendo AG merged with the FinLab subsidiary Venturate AG under the Kapilendo name. Kapilendo now is the leading German platform to combine crowd-lending with crowd- investing. The new products include both classic loans to small and medium- sized enterprises, as well as investments in start-up companies. Following this transaction and a parallel capital increase, FinLab now holds 28% of Kapilendo.

Two additional events that took place in July 2016 - so after half year end - will have very positive effects and lead to a clear increase in value under the IFRS financial statements in the second half of 2016. The first is the capital increase of the Hamburg-based fintech company Deposit Solutions, which increased its company value to over EUR 100 million, more than four times what it was worth when FinLab first invested in it in September of last year. The second is a new investment round at nextmarkets, the innovative e-learning platform for retail investors active on the stock exchange. Among others, US star investor Peter Thiel participated in both financing rounds.

The FinLab investments Heliad Equity Partners GmbH & Co. KGaA and Patriarch Multi-Manager GmbH also performed well in the first half of the year. Patriarch Multi-Manager GmbH's assets under administration are over EUR 225 million and Heliad Equity Partners' portfolio exhibited very impressive operating performance.

FinLab management member Kai Panitzki explains: "We are very pleased with the performance of our investments. The operating success and the increases in valuation, in particular the just completed financing rounds of Deposit Solutions and nextmarkets in July 2016, confirm our strategy of investing early on in a company's history, and continuously supporting our portfolio companies with tangible value-add and a strong network of strategic partners."

About FinLab AG: Stock market listed company FinLab AG (WKN 121806 / ISIN DE0001218063 / ticker symbol: A7A) is one of the first and one of the largest company builders and investors focused on the Financial Services Technologies ("fintech") sector in Europe. FinLab focuses on developing German fintech start-ups and providing venture capital for their financial needs, whereas in each case the aim is a long-term participation and ongoing support of the investment. FinLab also invests globally, as part of venture rounds, in fintech companies, primarily in the USA and Asia.

Media contact: FinLab AG

Kai Panitzki

investor-relations@finlab.de

Telefon: +49 (0) 69 719 12 80 - 0

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29.09.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

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Language: English Company: FinLab AG Grüneburgweg 18 60322 Frankfurt/Main Germany Phone: +49 (0)69 719 12 80 - 0 Fax: +49 (0)69 719 12 80 - 011 E-mail: investore-relations@finlab.de Internet: www.finlab.de ISIN: DE0001218063 WKN: 121806 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------

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