New Appraisal Proceedings for Delisting Cases: Section 1 No. 8 SpruchG (New Version)

By Martin Arendts, Attorney-at-Law

With the Location Promotion Act (Standortfördergesetz – StoFöG) of 4 February 2026 (Federal Law Gazette 2026 I No. 33), which entered into force on 10 February 2026, the German legislator has restructured the legal protection available in delisting cases. The centrepiece is the insertion of a new No. 8 in Section 1 SpruchG (Act on Appraisal Proceedings – Spruchverfahrensgesetz), which for the first time — and in departure from the German Federal Court of Justice's "Frosta" case law (decision of 8 October 2013 – II ZB 26/12) — transfers judicial review of the adequacy of the delisting consideration into appraisal proceedings.

The new scope of application

Section 1 No. 8 SpruchG (new version) opens appraisal proceedings for disputes concerning

"the amount of the consideration under a contract based on an offer made in connection with the revocation of the admission of securities to trading upon application by the issuer pursuant to Section 39(2) sentence 2 no. 1 of the German Stock Exchange Act (Börsengesetz)."

In return, the previous route to the ordinary civil courts under Section 1(1) no. 3 of the Capital Investors' Model Case Act (KapMuG) is abolished.

Standing: accepting shareholders only

A systematic departure from the other subsections of Section 1 SpruchG is found in Section 3 sentence 1 no. 7 SpruchG (new version): standing is limited to any person "who has accepted an offer …". Shareholders who reject the delisting acquisition offer and retain their shares are excluded from the appraisal proceedings. Proof of shareholder status must be provided under Section 3 sentence 3 SpruchG exclusively by documentary evidence — a custodian bank confirmation or execution notice is therefore indispensable.

Commencement of the time limit: date of application, not of announcement

Under Section 4(1) sentence 1 SpruchG (new version), the three-month time limit for filing begins "on the day on which, in the cases referred to in No. 8, the application for revocation of the admission was filed." The trigger is thus not the announcement of the revocation decision by the management of the exchange, and not the expiry of the acceptance period for the tender offer, but rather the — often not publicly known — date on which the delisting application is received by the management of the trading venue. Since this date is not regularly published, early informal enquiries to the relevant exchange or to the issuer are advisable. Where parallel applications are filed (typically to the Frankfurt Stock Exchange and a regional exchange), the wording of the provision suggests that a separate time limit runs for each application; anyone seeking to preserve both proceedings should therefore orient themselves to the earlier application date.

Respondent and publication

The respondent under Section 5 sentence 1 no. 8 SpruchG (new version) is the bidder — not the target company. The publication of the final decision is the responsibility of the legal representatives of the issuer pursuant to Section 14 no. 8 SpruchG (new version).

Substantive standard of review: Section 39 BörsG (new version)

The two-tier valuation standard is preserved but has been tightened:

Rule: volume-weighted domestic six-month average share price prior to publication.

Exception with company valuation: where "special circumstances" have caused the share price to be inappropriately low. Beyond the enumerative catalogue of the ministerial draft (insider dealing, market manipulation, missing or incorrect ad-hoc disclosures), the enacted version contains a general clause requiring a company valuation (in case of doubt using the discounted earnings method / Ertragswertverfahren) whenever other special circumstances have influenced the six-month average price in such a way that it is "inappropriately low." The average is materially influenced where at least two consecutive stock exchange prices deviate from each other by more than 5%.

Practical relevance and open questions

The shift of regimes gives affected shareholders — for the first time since "Frosta" — renewed access to specialised judicial valuation proceedings with the familiar tools of the appraisal regime (bidder's response, court-appointed expert, joint representative, cost allocation risk under Section 15 SpruchG). Key practical questions will fall to the first wave of new proceedings:

- Relationship between two parallel delisting applications (regulated market Frankfurt and a regional exchange) — one appraisal proceeding or two?

- Concretisation of the general clause "special circumstances" and the reach of the 5% materiality threshold.

- Intertemporal application: Section 17 SpruchG contains no express transitional provision for the StoFöG; delisting applications filed on or after 10 February 2026 should therefore be directly subject to the new regime.

Protection gap for non-accepting shareholders: The wording of Section 3 sentence 1 no. 7 SpruchG excludes shareholders who prefer to wait for a subsequent squeeze-out — dogmatically consistent, but a practical incentive to accept the delisting offer as a precaution.

For shareholders in ongoing or already completed delisting transactions, the message is clear: note the deadline from the date of the delisting application, accept the offer, and secure documentary evidence.

Nagarro SE: Nagarro Management Board and Supervisory Board recommend the acceptance of the voluntary public takeover offer by Persistent

Corporate News

- Joint reasoned statement of Management Board and Supervisory Board published

- Offer price of EUR 81.00 per share considered to be adequate and fair

- Management Board and Supervisory Board support the strategic partnership and recommend that shareholders accept the offer

MUNICH, Aug. 14, 2026 /PRNewswire/ -- The Management Board and the Supervisory Board of Nagarro SE ("Nagarro" or the "Company") today published their joint reasoned statement pursuant to Section 27 of the German Securities Acquisition and Takeover Act ("WpÜG") on the voluntary public takeover offer (cash offer) of Galaxy Germany Holding SE (the "Bidder"). The Bidder is a company directly controlled by Persistent Systems Limited, a publicly listed company based in India ("Persistent").




After having independently and carefully reviewed and evaluated the offer document published by the Bidder, both the Management Board and the Supervisory Board recommend all Nagarro shareholders to accept the public takeover offer.

Both welcome the economic and strategic intentions of the Bidder as laid out in the offer document, in which the Bidder reiterated its intention to support and further develop Nagarro's current business strategy, to work with the existing Management Board for the success of the combined group and the intention to support the existing workforce of Nagarro Group as well as the underlined highest respect for the achievements of the employees of Nagarro Group to date. The intended measures and objectives have already been largely agreed in the Business Combination Agreement concluded on 26 June 2026, which defines a common framework for the future cooperation in detail.

The Management Board and the Supervisory Board of Nagarro SE consider the offer price of EUR 81.00 per Nagarro share to be adequate and fair. The offer price allows shareholders to secure immediately and upfront a significant share of the targeted long-term value creation, without having to bear the execution risks and related temporary effects.

The offer price of EUR 81.00 per share represents a premium of approximately 140 percent to the Xetra stock exchange price of Nagarro of EUR 33.74 on 25 June 2026 (the last trading day prior to the announcement of the decision to launch the offer on 26 June 2026), a premium of approximately 93 percent to the three-month volume-weighted average stock exchange price and a premium of approximately 112 percent to the one-month volume-weighted average stock exchange price, in both cases prior to and including 25 June 2026. In addition, the offer price exceeds the median of the target price expectations by research analysts of EUR 72.00 by approximately 12.5 percent and includes a premium of EUR 9.00.

"The Management Board continues to expressly support the envisaged strategic partnership with Persistent to accelerate our business, generate growth momentum, and advance the transformation of Nagarro. The submitted offer is in the best interest of our stakeholders and the offer price of EUR 81.00 per share represents an attractive premium for our shareholders, to whom we recommend acceptance," says Manas Human, Co-Founder and CEO of Nagarro SE.

"After thorough review of the economic and strategic benefits, we believe this offer represents a great opportunity for Nagarro and its shareholders. As financially adequate, the offer reflects the value and potential of the Company," adds Christian Bacherl, Chairperson of the Supervisory Board of Nagarro SE.

The acceptance period commenced with the publication of the offer document on 6 August 2026 and ends on 17 September 2026 at 24:00 hrs (Frankfurt am Main local time) / 18:00 hrs (New York local time). Nagarro shareholders may accept the public takeover offer of the Bidder via their respective custodian bank. Shareholders are advised to contact their respective custodian bank or other custodian investment service provider to tender their shares. The offer document and further information are available at www.galaxy-offer.com.

The offer is subject to various offer conditions. These include, inter alia, a minimum acceptance threshold of 50 percent plus one (1) share of the relevant Nagarro shares, merger control clearances and foreign direct investment approvals in several jurisdictions and a clearance under Indian FEMA law by the Reserve Bank of India. Closing of the offer is anticipated in Q4 calendar year 2026 or Q1 calendar year 2027.

The offer forms part of a taking private strategy and post-settlement, the Bidder intends to pursue a delisting of the Nagarro shares from the regulated market of the Frankfurt Stock Exchange (Prime Standard) as soon as legally and practically possible. The Management Board of Nagarro has expressed in the Business Combination Agreement, subject to its fiduciary duties, to support a delisting if so requested by the Bidder in the future. The Bidder has undertaken vis-à-vis Nagarro not to enter into a domination and/or profit and loss transfer agreement for at least two (2) years after closing.

The Bidder and the persons acting jointly with the Bidder have already secured approximately 20 percent of the shares in Nagarro through a binding agreement with Lantano Beteiligungen GmbH, the investment vehicle of the largest shareholder of Nagarro.

Copies of the joint reasoned statement of the Management Board and the Supervisory Board of Nagarro SE are also available free of charge from Nagarro SE, Investor Relations, Baierbrunner Straße 15, 81379 Munich, Germany (requests via e-mail to ir@nagarro.com stating a complete postal address). The joint reasoned statement and, if applicable, any amendments hereto as well as any additional statements on possible amendments to the takeover offer will be published in German and as a non-binding English translation on the internet at https://www.nagarro.com/en/investor-relations/voluntary-public-takeover-offer-by-persistent. Only the German version is authoritative.

For the assessment of the takeover offer, only the joint reasoned statement of the Management Board and the Supervisory Board is authoritative. The information in this press release does not constitute an explanation or supplement to the contents in the joint reasoned statement.

J.P. Morgan is serving as sole joint financial advisor to the Management Board and Supervisory Board of Nagarro, Freshfields is serving as sole joint legal advisor.

About Nagarro

Nagarro is a global AI-native engineering and transformation company that engineers intelligence into enterprises securely, responsibly, and at scale. Distinguished by its entrepreneurial, agile, and global character, Nagarro is guided by its CARING values. The company employs around 18,700 people across 39 countries. For more information, please visit www.nagarro.com.

(FRA: NA9) (SDAX) (ISIN: DE000A3H2200) (WKN: A3H220)

Disclaimer on forward looking statements

This publication contains "forward-looking statements" with respect to Nagarro´s results of operations, financial condition, liquidity, prospects, growth, and strategies. Forward-looking statements include, but are not limited to, statements regarding objectives, targets, strategies, outlook, and growth prospects, including guidance for the financial year ending 31 December 2026, medium-term targets, Nagarro´s working capital, capital structure and dividend policy, future plans, events, or performance, economic outlook, and industry trends. This publication constitutes neither an offer to purchase nor a solicitation of an offer to sell shares or other securities of Nagarro SE. The public takeover offer itself as well as its terms and conditions and further information relating to the public takeover offer are published in the offer document of Galaxy Germany Holding SE. Investors and shareholders of Nagarro are advised to carefully read the offer document and all other documents relating to the public takeover offer, in particular the joint reasoned statement of the Management Board and the Supervisory Board, as they contain important information. Nagarro shareholders are also advised to seek independent advice, if necessary, in order to reach an informed decision on the content of the offer document and the takeover offer.

Forward-looking statements are sometimes, but not always, identified by their use of a date in the future or such words as "will", "could", "may", "should", "expects", "intends", "prepares" or "targets" (including in their negative form or other variations). By their nature, forward-looking statements are inherently predictive, speculative and involve risk and uncertainty because they relate to events and depend on circumstances that may or may not occur in the future. There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. All subsequent written or oral forward-looking statements attributable to Nagarro or any member of Nagarro, or any persons acting on their behalf are expressly qualified in their entirety by the factors referred to above. No assurances can be given that the forward-looking statements in this document will be realised. Any forward-looking statements are made of the date of this announcement. Subject to compliance with applicable law and regulations, Nagarro does not intend to update these forward-looking statements and does not undertake any obligation to do so. It should be noted that past results are not an indicator of future results. Interim results are not necessarily an indicator of the full-year results.

References to Nagarro are to Nagarro SE and references to Nagarro Group are to Nagarro SE and its subsidiaries unless otherwise stated.

VINCI Energies Deutschland Enterprise Solutions AcquiCo SE: VINCI Energies announces start of acceptance period for €67.50-per-share cash offer to All for One shareholders

Frankfurt am Main, August 12, 2026

- The acceptance period begins on August 12 and ends on September 15, 2026.

- All for One shareholders may tender their shares for €67.50 per share in cash. This represents an attractive premium of 105.4% to the three-month volume-weighted average share price before the offer was announced on July 16, 2026, and 94.5% to the Xetra closing price of All for One shares on July 15, 2026.

- To accept the offer, All for One shareholders should promptly contact their custodian bank or securities services provider.

- Supervisory Board and Management Board of All for One support the offer and, subject to their review of the offer document, intend to recommend that shareholders accept it.

- The offer is subject to a minimum acceptance threshold of 75%.

VINCI Energies Deutschland Enterprise Solutions AcquiCo SE (the “Bidder”), an indirect subsidiary of VINCI S.A., today announced the start of the acceptance period for its voluntary public takeover offer to the shareholders of All for One Group SE (“All for One”). The German Federal Financial Supervisory Authority (“Bafin”) approved the publication of the offer document on August 11, 2026.

Starting today, All for One shareholders may accept the offer by tendering their shares for a cash consideration of €67.50 per share. The acceptance period will end at midnight (Frankfurt am Main local time) on September 15, 2026. Shareholders wishing to accept the offer should promptly contact the custodian bank or any other securities services provider where their All for One shares are held.

The offer price represents an attractive premium of 105.4% to the three-month volume-weighted average share price before the offer was announced on July 16, 2026, and 94.5% to the Xetra closing price of All for One shares on July 15, 2026. The cash offer therefore provides All for One shareholders an opportunity to realise the value of their investment in cash at a highly attractive premium.

Supervisory Board and Management Board of All for One welcome and support the takeover offer and, subject to their review of the offer document, intend to recommend that shareholders accept the offer. They believe the transaction is in the best interests of the company, its shareholders, employees, customers, partners and other stakeholders.

The acquisition is intended to strengthen VINCI Energies’ market position and growth ambitions in the fast-growing digital infrastructure services sector. It will also accelerate the development of Axians, VINCI Energies’ ICT brand, into a leading digital transformation platform for customers across Europe. The combination will bring together Axians’ strong capabilities in ICT infrastructure, cloud, networks and cybersecurity with All for One’s scalable SAP consulting, managed services and business transformation expertise, creating a comprehensive and complementary end-to-end offering.

The Bidder has entered into agreements with All for One’s largest shareholders under which, subject to the terms of the respective agreements, they are required to accept the takeover offer for all All for One shares they hold. Together, these holdings represent approximately 54.7% of All for One’s share capital.

On July 16, 2026, the Bidder and All for One signed a Business Combination Agreement relating to the takeover offer and their intended cooperation following completion. The Bidder has undertaken not to enter into a domination and profit and loss transfer agreement with All for One before January 1, 2029. Provided the statutory requirements are met and such action is economically appropriate at the relevant time, the Bidder intends to initiate a potential delisting of All for One and/or a squeeze-out of the minority shareholders based on the offer price, which already incorporates a strategic premium. This could further reduce trading liquidity.

The takeover offer is subject to a minimum acceptance threshold of 75% plus one share of all outstanding All for One shares and to the satisfaction of the other customary closing conditions, including the required merger control clearances. The full terms and conditions of the takeover offer are set out in the offer document. The offer document, together with further information about the offer, is available at www.afo-offer.com.

About VINCI Energies

In a world undergoing constant change, VINCI Energies contributes to the environmental transition by helping bring about major trends in the digital landscape and energy sector. VINCI Energies’ teams roll out technologies and integrate customised multi-technical solutions, from design to implementation, operation and maintenance. With their strong local roots and agile and innovative structure, VINCI Energies’ 2,200 business units have positioned themselves boosting the reliability, efficiency and sustainability of their customers’ infrastructure and processes. VINCI Energies strives for global performance, caring for the planet, useful to people and committed to local communities.

2025: Revenues of €21.6 billion // 109,000 employees // 2,200 Business Units // 60 countries

www.vinci-energies.com

About Axians

Axians, the ICT brand of VINCI Energies, supports its customers — private-sector companies, public-sector entities, operators and service providers — in their infrastructures and digital solutions development.

Axians offers a comprehensive range of ICT solutions and services spanning business applications and data analytics, digital workspaces, enterprise networks, datacenters, cloud services, cybersecurity and telecommunications infrastructure. Axians’ specialized consulting, design, integration and service teams develop bespoke digital transformation solutions that contribute to successful business outcomes for its customers.

2025: Revenues of €3.8 billion // 16,000 employees // 36 countries

www.axians.com

About All for One Group

All for One Group is an international IT, consulting and service provider with a strong SAP focus. It supports more than 4,500 customers — primarily in Germany, Austria, Poland and Switzerland — end-to-end in their sustainable IT, cloud, AI and business transformation. Its ambition is to translate technology into tangible business value. At the center of this are SAP Cloud ERP as the digital core and AI solutions for intelligent, enterprise-wide and industry-specific processes.

In fiscal year 2024/25, All for One generated revenue of EUR 504 million. The company, headquartered in Filderstadt near Stuttgart, is listed in the Prime Standard of the Frankfurt Stock Exchange.

www.all-for-one.com/ir

PNE AG updates on ongoing sales process

Ad hoc announcement to Article 17 Market Abuse Regulation (MAR)

Cuxhaven, 10 August 2026 – In light of recent media reports, PNE AG clarifies, with regard to the structured process it has initiated to seek an investor for the acquisition of up to 100 percent of its shares, that the market interest received indicates that the price expectations of potential acquirers are below the current market price level of the PNE share.

Against this background, it is currently uncertain whether a transaction will materialise and what its terms would be. PNE AG will inform the market of any relevant further developments in accordance with applicable law.

RHÖN-KLINIKUM AG: Asklepios Kliniken GmbH & Co. KGaA submits request for the implementation of a squeeze-out of the minority shareholders of RHÖN-Klinikum Aktiengesellschaft

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

07-Aug-2026 / 11:12 CET/CEST

Asklepios Kliniken GmbH & Co. KGaA with registered office in Hamburg today submitted the request to the management board of RHÖN-Klinikum Aktiengesellschaft that the general meeting of RHÖN-Klinikum Aktiengesellschaft resolves upon the transfer of the shares of the minority shareholders of RHÖN-Klinikum Aktiengesellschaft to Asklepios Kliniken GmbH & Co. KGaA against payment of an adequate cash compensation (so-called squeeze-out). Asklepios Kliniken GmbH & Co. KGaA holds (indirectly) more than 95 percent of the shares in RHÖN-Klinikum Aktiengesellschaft and is therefore the main shareholder within the meaning of section 327a German Stock Corporation Act (Aktiengesetz – AktG).

Asklepios Kliniken GmbH & Co. KGaA will determine the amount of the cash compensation on the basis of a company valuation. The adequacy of the cash compensation will be reviewed by a court appointed expert auditor. The squeeze-out will become effective upon the adoption of the corresponding resolution by the general meeting of RHÖN-Klinikum Aktiengesellschaft and its registration in the commercial register of the company with the local court (Amtsgericht) Schweinfurt.

The resolution on the squeeze-out is expected to take place at an extraordinary general meeting in January 2027.

Klöckner & Co SE: Klöckner & Co continues solid operational performance in the second quarter of 2026 and moves forward with business combination with Worthington Steel

Corporate News

- Operating income (EBITDA) before material special effects of €63 million in the second quarter of 2026 considerably higher than the preceding quarter (Q1 2026: €46 million) but below the prior-year quarter (Q2 2025: €65 million)

- Sales of €1.7 billion in the second quarter of 2026 slightly higher than the prior-year period (Q2 2025: €1.6 billion); adjusted for the sale of eight US distribution sites at the end of 2025, sales rose considerably by 12.1%

- Net income of €-268 million in the second quarter of 2026 significantly influenced by an impairment charge related to the Becker Group (Q2 2025: €2 million)

- Worthington Steel’s ongoing delisting tender offer expected to end at on August 12, 2026, at 24 hours (Frankfurt am Main local time); delisting expected to take effect immediately upon expiration of the acceptance period

- Divestment of the Becker Group is proceeding as planned

- EBITDA before material special effects expected to be €170 million to €250 million for the full year 2026

Düsseldorf (Germany), August 5, 2026 – Klöckner & Co closed the second quarter of 2026 with a significant improvement in operating income (EBITDA) before material special effects. It amounted to €63 million and thus considerably higher than the preceding quarter (Q1 2026: €46 million) but below the prior-year level (Q2 2025: €65 million). In the first six months, EBITDA before material special effects totaled €109 million (H1 2025: €107 million). Factoring in material special effects (including a €151 million impairment charge related to the Becker Group and transaction costs of €17 million associated with the business combination with Worthington Steel), EBITDA for the first six months amounted to €-67 million.

Shipments in the second quarter of 2026 totaled 1.12 million metric tons (Q2 2025: 1.16 million metric tons), down from the prior-year period due to the disposal of eight US distribution sites, which was completed at the end of 2025. Adjusted for the sale of these eight US distribution sites, shipments at the Group level rose by 3.2%. Sales for the second quarter of 2026 totaled €1.7 billion (Q2 2025: €1.6 billion), slightly higher than the prior-year period (+12.1% adjusted for divestment).

Consolidated net income for the second quarter of 2026 amounted to €-268 million (Q2 2025: €2 million) and was primarily affected by the impairment charge related to the Becker Group. Earnings per share amounted to €-2.70 (Q2 2025: €0.02).

Cash flow from operating activities amounted to €10 million in the second quarter of 2026, compared with cash flow from operating activities of €75 million in the prior-year quarter. Due to net cash outflows for investments totaling €3 million (Q2 2025: €31 million), free cash flow in the second quarter of 2026 amounted to €7 million (Q2 2025: €44 million).

“In the second quarter, we considerably increased our operating income before material special effects compared with the preceding quarter, demonstrating that our business remains resilient
even in a challenging market environment. With our business combination with Worthington Steel, we are opening a new chapter in our company’s history and laying the foundation for future profitable growth in North America and Europe.”

Guido Kerkhoff
CEO Klöckner & Co SE

Completion of Worthington Steel’s takeover bid and delisting acquisition offer

On June 3, 2026, Worthington Steel’s voluntary public takeover bid was completed. According to the voting rights notification, Worthington Steel thus holds approximately 62% of all outstanding Klöckner & Co shares. Together with Worthington Steel, Klöckner&Co is consistently streamlining its strategic focus on higher value-added products and services, laying the foundation for profitable growth in North America and Europe. As part of the change in control, the syndicated loan was reduced to €150 million and supplemented by a revolving shareholder loan from Worthington Steel of up to €200 million.

On July 15, 2026, Worthington Steel published the offering circular for the public delisting acquisition offer, giving the remaining shareholders the opportunity to sell their shares for €11.00 per share. The Management Board and Supervisory Board of Klöckner & Co SE published their joint response statement on July 22, 2026, and, following careful and independent review, concluded that they are unable to recommend either acceptance or rejection of the offer to shareholders. The delisting acquisition offer is not subject to any completion conditions and can therefore proceed regardless of the level of acceptance. In accordance with the delisting agreement, Klöckner & Co applied to the Frankfurt Stock Exchange on July 29, 2026, for the revocation of the admission of its shares to trading. As a result, the delisting is expected to take effect immediately upon expiry of the acceptance period. The acceptance period is expected to end on August 12, 2026, at 24 hours (Frankfurt am Main local time).

The divestment of the Becker Group is proceeding as planned

The divestment of the Becker Group is proceeding as planned. As early as January 2026, following a comprehensive analysis and evaluation of possible strategic options for the Becker Group, the Management Board of Klöckner & Co had announced its intention to divest the business in order to focus even stronger on profitable growth in higher value-added products and services, in line with the Company’s strategy.

Outlook

Despite the continuing challenging macroeconomic environment marked by heightened geopolitical uncertainties, particularly as a result of the ongoing conflict in the Middle East, Klöckner & Co generated EBITDA before material special effects of €109 million during the reporting period. For the full year 2026, the company now expects a slight decline in shipments, while the sales volume is expected to rise slightly, driven by higher average prices. Furthermore, the forecast for EBITDA before material special effects has been specified to a range of €170 million to €250 million. Klöckner & Co also expects cash flow from operating activities for the full year 2026 to remain positive, although it is now projected to fall below the prior-year level due to the higher tied-up net working capital funds as a result of price increases.

About Klöckner & Co:

Klöckner & Co is now one of the largest producer-independent steel and metal processors and one of the leading service center companies. With its distribution and service network of around 110 warehouse and processing locations, primarily in North America and the “DACH” region (Germany, Austria and Switzerland), Klöckner & Co supplies more than 60,000 customers. Currently, the Group has more than 6,000 employees. Klöckner & Co had sales of some €6.4 billion in fiscal year 2025. By consistently implementing its corporate strategy, Klöckner & Co strives to become one of the leading service center and metal processing companies in North America and Europe. The focus is on continued targeted expansion of the service center and higher value-added business, diversification of the product and service portfolio as well as integration of additional CO2-reduced solutions under the Nexigen® umbrella brand.

The shares of Klöckner & Co SE are admitted to trading on the regulated market segment (Regulierter Markt) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) with further post-admission obligations (Prime Standard). Klöckner & Co shares are listed in the SDAX® index of Deutsche Börse.

ISIN: DE000KC01000; WKN: KC0100
ISIN: DE000KC11116; WKN: KC1111

Kontron AG: All conditions of the mandatory tender offer of Ennoconn Corporation are met – Settlement will take place shortly

Linz, Austria, August 10, 2026 – Kontron AG, a global leader in IoT technology, announces that all terms and conditions of the offer have been met and that the Foreign Direct Investment (FDI) has already been cleared in Germany. According to Ennoconn Corporation, the closing of the offer will take place on August 20, 2026.

There has been no material shift in the shares offered. At the settlement, Ennoconn holds 48.36% of the shares in Kontron AG in accordance with the shareholding notification and will not hold a majority of the voting rights after the completion of the offer. Ennoconn does not plan to further expand its shareholding in Kontron AG.

Kontron will remain independent. The existing management will continue to pursue the course of technological leadership and the expansion of the Software and Solutions segment. To this end, it is also planned to push ahead with the cooperation with Foxconn/Ennoconn and thus achieve EUR 40 million in synergies in the medium term.