MCH Group

23. Investments in subsidiaries

23.1 Investments

Investments in subsidiaries	City	Activity	Consolidation	Share capital in 1000		Investment in % Direct	Investment in % Inirect
Switzerland
MCH Swiss Exhibition (Basel) Ltd.	Basel	CP, VE	F	CHF	40 000	100.0
MCH Swiss Exhibition (Zurich) Ltd.	Zurich	CP, VE	F	CHF	13 720	100.0
MCH Beaulieu Lausanne SA	Lausanne	CP	F	CHF	100	100.0
MCH Live Marketing Solutions AG	Effretikon	EM	F	CHF	300	100.0
MCH Arcual AG	Zurich	CP	F	CHF	165	67.5
Art, Kunstmesse AG, in Basel	Basel	TC	F	CHF	50		100.0
Swisstech Fachmesse AG	Basel	TC	F	CHF	50		100.0
Natura, Internationale Fachmesse und Kongresse AG	Basel	TC	F	CHF	50		100.0
Ineltec Fachmesse AG	Basel	TC	F	CHF	50		100.0
Swissdata, Fachmesse für Datenverarbeitung AG	Basel	TC	F	CHF	50		100.0
Orbit Fachmessen AG	Basel	TC	F	CHF	100		100.0
Esthetica SA	Lausanne	TC	F	CHF	100		100.0
Parkhaus Messe Zürich AG	Zurich	VE	E	CHF	5 000		20.0
Germany
Creative Management Holding GmbH	Hilden	EM	F	EUR	25		100.0
MC2 Europe GmbH	Hilden	EM	F	EUR	200		50.0
Arcual GmbH	Berlin	CP	F	EUR	12		100.0
France
MCH Group France SAS	Paris	CP	F	EUR	10	100.0
Great Britain
Masterpiece London Ltd.	London	CP	F	GPB	19		99.0
Arcual GmbH	London	CP	F	GBP	0		100.0
Singapore
Art Events Singapore PTE Ltd	Singapore	CP	A	CHF	0	15.0
United States
Art Basel U.S. Corp.	Miami	CP	F	USD	100		100.0
MCH US Corp.	Delaware	EM	F	USD	30 000	100.0
Creative Management Services, Inc.	Missouri	EM	F	USD	0		100.0
Creative Management Services, LLC	Delaware	EM	F	USD	45		100.0
Creative Management Services II, LLC	Missouri	EM	F	USD	0		100.0
Design Commerce Technologies, Inc.	Delaware	CP	A	USD	3		4.8
Hong Kong
MCH Group Asia Ltd.	Hong Kong	CP	F	HKD	1		100.0
Masterpiece Asia Ltd.	Hong Kong	CP	F	HKD	0		67.5
China
Expomobilia MCH Global Shanghai Ltd.	Shanghai	EM	F	RMB	1 360		100.0
United Arab Emirates
Expomobilia MCH Global Middle East (Dubai) LLC 7)	Dubai	EM	F	UAE	300		49.0

F Full consolidation

E Equity consolidation

A At cost

CP Community Platforms

VE Venues

EM Experience Marketing

TC Trademark company

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23.2 Change in consolidation scope

MCH Swiss Exhibition (Zurich) Ltd. has absorbed its sister company Digital Festival AG with retroactive effect from January 1, 2022.

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MCH Swiss Exhibition (Basel) Ltd. acquired a minority shareholding of 15% in Art Events Singapore Pte. Ltd. as per January 17, 2022 at a price of USD 0.3 million.

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On March 16, 2022, MCH Group Ltd. founded the company MCH Digital Ventures AG with its registered office in Zurich. The company was renamed Arcual AG on August 30, 2022. On the balance sheet date of December 31, 2022, MCH Group Ltd. held 67.5% of the participation rights.

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MCH Swiss Exhibition (Basel) Ltd. founded the company MCH Group France SAS, based in Paris, France, on March 30, 2022. MCH Swiss Exhibition (Basel) Ltd. holds 100% of the participation rights.

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On June 23, 2022, MCH Swiss Exhibition (Basel) Ltd. acquired further shares in Masterpiece London Ltd. amounting to 31.5% at a price of GBP 59. As of this date, Swiss Exhibition (Basel) Ltd. holds 99% of the participation rights in Masterpiece London Ltd.

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Arcual AG founded the company Arcual GmbH with registered office in Berlin, Germany, on October 12, 2022. Arcual AG holds 100% of the participation rights.

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Arcual AG founded the company Arcual GmbH with registered office in Berlin, Germany, on October 12, 2022. Arcual AG holds 100% of the participation rights.

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23.3 Further details

MCH Swiss Exhibition (Basel) Ltd. had acquired 67.5 % of the shares in Masterpiece London Ltd. on November 30, 2017 and assumed control of the company on the same date. As per June 23, 2022, MCH Swiss Exhibition (Basel) Ltd. acquired a further 31.5 % and, after the balance sheet date, the remaining 1 % as per February 2, 2023. There were no longer any put/call agreements as at the balance sheet date 2022.

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MCH Swiss Exhibition (Basel) Ltd. acquired a minority shareholding of 15% in Art Events Singapore Pte. Ltd. as of January 17, 2022. By acquiring the shares, MCH Swiss Exhibition (Basel) Ltd. also acquired the right to sell back its shareholding in 2024 if the event cannot be staged at all or cannot be staged with economic success.

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