Ad-hoc: Mutares’ founders agree on long-term cooperation

Disclosure of an inside information according to Article 17 MAR

The two founders of Mutares AG, Robin Laik and Dr. Axel Geuer, have defined their future cooperation for the successful development of the group. The Supervisory Board and Dr. Geuer have agreed on an amicable termination of Dr. Geuer’s contract as member of the Executive Board. The Supervisory Board has also expressed its thankfulness for the founder’s great merits in building the company.

Dr. Geuer: “Looking at Mutares’ attractive current portfolio, I see tremendous potential for a further increase of the company’s value. Holding more than 26% of the share capital, I want to participate in this investment opportunity. In the future I intend to actively support the company together with the CEO and the Supervisory Board as an advisor.”

Mr. Laik: “I regret any confusion that might have been triggered by the actions and press releases during the past days and I distance myself from them. Over the past ten years Dr. Geuer and myself, we have successfully built up an international group of companies out of a small start-up. I am looking forward to working together with Dr. Geuer in the future.

Both founders and the company’s administration will prepare proposals for an appropriate staffing of the supervisory board that the shareholders will vote on in the re-election of the supervisory board in July 2018.

Company profile of Mutares SE & Co. KGaA

Mutares SE & Co. KGaA, 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 SE are listed on Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A2NB650).