Ad-hoc: Development of the organization is progressing

Disclosure of an inside information according to Article 17 MAR

Mutares significantly invested in the development of the organization in the course of last year. In Munich and Paris, Mutares moved into new offices and the teams in M&A and Operations were significantly enlarged. The ambitious recruiting activities will be continued in this year. The Italian organization is currently in the process of establishment. The sharpened investment focus on platform and add-on acquisitions already shows its great potential. With respect to this dynamic development, Dr. Axel Geuer will continue to accompany the growth of the company as a member of the Executive Board, focussing on strategic aspects and investor relations.

Company profile of Mutares AG

Mutares AG, Munich (www.mutares.de), acquires medium-sized companies and parts of groups with headquarter in Europe that are being sold in the course of a repositioning process at their owners and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company. In 2018, Mutares’ portfolio companies generated consolidated revenues of EUR 865 million and employed more than 4,700 people worldwide. The shares of Mutares AG are listed on Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A2NB650).