Conversion of BAUER AG shares from bearer shares to registered shares

Schrobenhausen, Germany – The Annual General Meeting of BAUER AG on September 19, 2024 resolved, among other things, to convert the no-par value bearer shares into no-par value registered shares and to make the necessary amendments to the Articles of Association. The corresponding amendments to the Articles of Association were entered in the company's commercial register at Ingolstadt Local Court (HRB 101375) on September 23, 2024 and thus became effective. The company's share capital of EUR 183,398,343.74 is now divided into 43,037,478 registered ordinary shares (no-par value shares). 

The conversion to registered shares requires the maintenance of a share register in which the shareholders, insofar as they are natural persons, are entered stating their surname and first name as well as their address, an electronic address and their date of birth as well as the number of shares held. In the case of legal entities, the company name, the business address, the registered office and the number of shares held are entered in the share register. Entry in the share register is important for the individual shareholder because only those who are entered as shareholders in the company's share register are deemed to be shareholders of the company and are therefore entitled, among other things, to participate in and exercise their voting rights at the Annual General Meeting. 

The legal status of our shareholders who are entered in the share register will not be affected by the conversion of no-par value bearer shares into no-par value registered shares. Their participation in the company will remain unchanged, as will the rights associated with their shares. Nor will the right of shareholders to sell their shares be restricted or made more difficult, as the transfer of registered shares in BAUER AG does not require the consent of the company. 

The last trading day for the company's bearer shares is November 20, 2024. Current trading orders that have not yet been executed on November 20, 2024 will expire as a result of the conversion. From November 21, 2024, the company's shares will be traded under the new ISIN DE000A40ETC9 as no-par value registered shares of the company. 

The conversion to registered shares will take place on November 22, 2024 after the close of trading. For this purpose, the holdings of no-par value bearer shares of BAUER Aktiengesellschaft held in custody at credit institutions will be converted from the previous ISIN DE0005168108 to no-par value registered shares of BAUER Aktiengesellschaft with the new ISIN DE000A40ETC9 at a ratio of 1:1. 

Further questions and answers on the conversion to registered shares can be found on the website https://www.bauer.de/en/share.