Secured Bonds e-Finance CZ Secured EFI 36

Interest Yield

The bonds carry a fixed appreciation of 9% p.a. for the first yield period (8/1/2025 to 8/31/2026), 8% p.a. for the second yield period (9/1/2026 to 8/31/2027), and 7% p.a. for the third yield period (9/1/2027 to 8/31/2028). The stated interest is fixed for the entire period and does not change regardless of any potential decrease in bank interest rates. The interest will be paid to the bondholder on 9/1/2026, 9/1/2027, and 9/1/2028.

Form of Bonds

The bonds are issued in paper form, registered to a name, and are freely transferable by endorsement, with the transfer not requiring approval and not being subject to any fees. Subscription of the bond is also carried out without any charges.

Subscription and Purchase of Bonds

First, you conclude a contract for the subscription and purchase of bonds, then you pay the issue price of the subscribed bonds, either by transfer to the account specified in the contract or in cash (cash only up to the equivalent of 250,000 CZK), and subsequently, the bonds will be handed over to you. The bonds can also be sent by mail as insured valuable shipments. The nominal value of one bond and the minimum investment amount is 50,000 CZK. The bond subscription contract can be concluded directly at the headquarters of e-Finance Group in Brno at Bratislavská 234/52, or at the Prague branch in the City Empiria building, Na Strži 1702/65, Prague, or in correspondence form or after filling out the order form below.

Investment Opportunity Secured by Lien

The investment and real estate group e-Finance Group introduces three-year bonds secured by a lien on the shares of the hotel group EFI Hotels & Properties, a.s. to the Czech investment market.

The issuance of e-Finance Bonds secured by a lien on the shares of the EFI Hotels & Properties, a.s. group offers investors the opportunity to invest their funds with a three-year horizon with a 9% annual interest rate in the first year, 8% annual interest rate in the second year, and 7% annual interest rate in the third year. The interest is paid once a year. This yield is fixed and is not tied to the decreasing base rate of the Czech National Bank, from which savings account rates are commonly derived in the market. The offer is valid until the entire planned bond volume of 400 million CZK is subscribed. According to the bond prospectus, which was approved by the Czech National Bank on March 4, 2024, the total value of issued and unpaid bonds will not exceed 800 million CZK.

Audit of Consolidated Financial Statements

The EFI Hotels & Properties, a.s. group audits its consolidated financial statements with the renowned international company BDO Audit s.r.o. with an auditor's opinion of "unqualified." You can find the audited consolidated financial statements available for download below.

Investment Assets of the EFI Hotels & Properties Group, a.s.

According to the audited consolidated financial statements for the year 2023, which you can download below, EFI Hotels & Properties, a.s. holds assets valued at 1.36 billion CZK.

The largest portion of the assets consists of real estate valued at 1.15 billion CZK.

The equity of EFI Hotels & Properties, a.s. is, according to the audited financial statements, 821 million CZK. The assets of the EFI Hotels & Properties Group, a.s. consist of 100% shares in hotel and real estate corporations. The value of these shares was determined in 2023 by expert opinions prepared by the renowned expert institute ZNALCI A ODHADCI – znalecký ústav, spol. s r.o. The reports can be found for download below.

The subsidiaries of EFI Hotels & Properties, a.s. operate and manage hotels and rental properties, offices, commercial spaces, and apartments under the well-known EFI brand.

All properties belonging to the EFI Hotels & Properties Group, a.s. are in excellent condition, are functional and approved, and are operated with a positive EBITDA indicator.

Use of Investment Funds

The investment and real estate corporation e-Finance Group has been operating in the market for 24 years. The funds obtained from bond issues are used for investments exclusively associated with commercial real estate such as hotels, apartment buildings, office and commercial spaces, which it operates under the well-known and reputable EFI brand.

If you start investing with e-Finance Group, you will participate in the returns from commercial real estate. Investing with us will always bring you an attractive interest rate with reasonable security in real assets. In the future, we will preferentially present our investors with an offer to subscribe to shares of the EFI Hotels & Properties Group, a.s. If you take advantage of it, you will become direct owners of EFI Hotels & Properties, a.s. with a regular annual dividend.

Bond Buyback

The corporation e-Finance Group also guarantees the buyback of bonds if you need the invested funds or a part of them earlier. This buyback is charged according to the terms of the approved bond prospectus and specific issuance conditions.

Investor Benefits

Every investor investing in the issues of secured bonds of e-Finance Group receives a voucher for a 20% discount on up to a five-day stay for 6 people at any EFI Hotels, see www.efihotels.com.

Every quarter, we send our Investment Bulletin to investors, where we regularly inform them about our results and introduce them to other investment opportunities. You can find the latest issue of our Investment Bulletin HERE.

Documents for Download

• Audited Consolidated Financial Statement
• Expert Opinion e-Finance EU Group
• Expert Opinion eFi Palace, s.r.o.
• Expert Opinion eFi Palace Resort, s.r.o.
• Expert Opinion e-Finance Jihlava a.s.

Approval by CNB

The base prospectus of bonds was approved by the Czech National Bank as the competent authority under Regulation (EU) 2017/1129.
Complete decision of the CNB on the approval of the base prospectus of the bond offering program

The Czech National Bank approves this prospectus only in terms of its compliance with the standards of completeness, comprehensibility, and consistency imposed by Regulation (EU) 2017/1129. This approval should not be understood as an endorsement of the quality of the securities that are the subject of this prospectus. Investors should make their own assessment of the suitability of investing in these securities. We recommend that potential investors read the prospectus before making an investment decision to fully understand the potential risks and returns associated with the decision to invest in the securities.

Complete Information

Download: e-Finance CZ 2025 Prospectus
The data presented in the consolidated balance sheet of EFI Hotels & Properties, a.s. on pages no. 30 and 48, marked as the previous accounting period, are data for the period ending 27.6.2023.

Download: Final Terms of the e-Finance CZ Secured EFI 36 Bond Issue.pdf

The issuance conditions can also be reviewed at the issuer's headquarters at Bratislavská 234/52, Brno, where they are available free of charge in brochure form and on an electronic data carrier CD.