Delivery Hero SE Adjusts Convertible Bonds Amid Uber Acquisition Offer

Delivery Hero SE announced a significant development regarding its EUR 750 million convertible bonds due in 2028. An acceptance event has occurred due to Uber International Technologies II Corporation's public tender offer to acquire all shares of Delivery Hero. Consequently, the conversion price of the bonds has been adjusted from EUR 148.975 to EUR 138.6179 effective 10 November 2026. This adjustment reflects the company's response to changing market dynamics influenced by Uber's acquisition proposal.

This notice clarifies that it is neither an offer to sell nor a solicitation to buy securities. It serves to inform bondholders about recent changes in conversion terms following the acceptance event. Notably, this transition does not predict any specific outcomes and emphasizes the inherent risks and uncertainties of forward-looking statements.