Ad hoc: Vita 34 AG: Proposed resolution to the Annual General Meeting on the suspension of the dividend

DISCLOSURE OF AN INSIDE INFORMATION ACC. TO ARTICLE 17 MAR

Proposed resolution to the Annual General Meeting on the suspension of the dividend Leipzig, 5 May 2020 - The Management Board and the Supervisory Board of Vita 34 AG, Leipzig (ISIN: DE000A0BL849; WKN: A0BL84) (the "Company") have proposed in the annual financial statements for the 2019 financial year published on 23 March 2020 to distribute a dividend of € 0.16 per share, unchanged from the previous year.

The Management Board and Supervisory Board regard the continuity of dividend payments as a key objective. The 2019 financial year was very successful for the Vita Group. However, against the background of the global SARS-CoV-2 pandemic and its economic consequences, the Management Board and Supervisory Board are cautious and propose that the dividend for the 2019 financial year be suspended. This should help to secure liquidity, competitiveness and jobs in the Company even in times of crisis.

The Management Board and the Supervisory Board have therefore decided today to propose to the Annual General Meeting that the balance sheet profit of EURO 1,530,184.01 reported in the annual financial statements of Vita 34 AG as of 31 December 2019 be transferred in full to other revenue reserves.

Notifying persons: Dr. Wolfgang Knirsch (CEO), Falk Neukirch (CFO)