VAT : Media Release on Bond Issue

Media Release

Haag, Switzerland, May 9, 2018

VAT SUCCESSFULLY LAUNCHES FIRST BOND OVER CHF 200 MILLION

VAT Group AG has successfully launched the first bond over CHF 200 million on 9 May 2018. The bond will pay interest of 1.50% and has a term of 5 years. The bond will be paid up on May 23, 2018 and subsequently listed on the SIX Swiss Exchange. (ISIN: CH0417086052)

The issue met high demand from investors and was placed at a price of 100.00%. VAT is taking advantage of the currently favorable market conditions and is using the funds for general corporate purposes.

For further information please contact:

VAT Group AG

Investor Relations & Corporate Communications

Michel R. Gerber

T +41 81 772 42 55investors@vat.ch

Financial calendar

Annual General Meeting Ex-date

Dividend payment Half-year 2018 results Q3 2018 trading update Full-year 2018 results Annual General MeetingThursday, May 17, 2018

Tuesday, May 22, 2018

Thursday, May 24, 2018

Friday, August 24, 2018

Thursday, October 25, 2018

Friday, March 08, 2019

Thursday, May 16, 2019

ABOUT VAT

VAT is the leading global developer, manufacturer and supplier of high-end vacuum valves. VAT vacuum valves are mission-critical components for advanced manufacturing processes of innovative products used in daily life such as portable devices, flat screen monitors or solar panels. VAT is organized into three different reporting segments: Valves, Global Service and Industry offering high-end vacuum valves, multi-valve modules, edge-welded bellows and related value-added services for an array of vacuum applications. VAT Group is a global player with over 2'000 employees and main manufacturing sites in Haag (Switzerland), Penang (Malaysia) and Arad (Romania). Net sales in the financial year 2017 amounted to CHF 692 million.

FORWARD-LOOKING STATEMENT

Forward-looking statements contained herein are qualified in their entirety as there are certain factors that could cause results to differ materially from those anticipated. Any statements contained herein that are not statements of historical fact (including statements containing the words "believes," "plans," "anticipates," "expects," "estimates" and similar expressions) should be considered to be forward-looking statements. Forward-looking statements involve inherent known and unknown risks, uncertainties and contingencies because they relate to events and depend on circumstances that may or may not occur in the future and may cause the actual results, performance or achievements of the company to be materially different from those expressed or implied by such forward-looking statements. Many of these risks and uncertainties relate to factors that are beyond the company's ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behavior of other market participants, the performance, security and reliability of the company's information technology systems, political, economic and regulatory changes in the countries in which the company operates or in economic or technological trends or conditions. As a result, investors are cautioned not to place undue reliance on such forward-looking statements.

Except as otherwise required by law, VAT disclaims any intention or obligation to update any forward-looking statements as a result of developments occurring after the date of this report.