EQS-Adhoc: Manz AG sells Hungarian company and thus optimises production structure

Reutlingen, May 8th, 2024 – Manz AG (ISIN: DE000A0JQ5U3) is selling its Hungarian subsidiary Manz Hungary Kft, Debrecen/Hungary, to Harro Höfliger Verpackungsmaschinen GmbH, Allmersbach, as part of a share deal, subject to contractually agreed conditions precedent and potential regulatory approvals. A corresponding agreement was signed by both parties today. The transaction is expected to be completed in the second quarter of 2024.

Manz Hungary Kft. specialises in the machining and welding of large-format objects, CNC milling and turning as well as the assembly of components and machines. With the sale of the Hungarian subsidiary, Manz AG optimises its production structure and gains greater flexibility in the manufacturing process through the planned close cooperation with Harro Höfliger Verpackungsmaschinen GmbH. The inflow of EUR 8 million from the transaction will additionally strengthen Manz AG's liquidity.

Additional information:

ISIN: DE000A0JQ5U3 WKN: A0JQ5U Ticker Symbol: M5Z Market segment: Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

Manz AG Steigäckerstraße 5 72768 Reutlingen Deutschland

<End of Adhoc Release>

Investor Relations Contact:

Manz AG Axel Bartmann Tel.: +49 (0)7121 – 9000-395 E-Mail: investor-relations@manz.com

Kirchhoff Consult AG Mario Groß Tel.: +49 (0)40 – 609 186 82 E-Mail: manz@kirchhoff.de