Ad-hoc: Review of strategic exit options for global commercial vehicle supplier STS Group

Disclosure of an inside information according to Article 17 MAR

The Executive Board of MUTARES AG (ISIN: DE000A0SMSH2), which is listed on the Scale 30 at Frankfurt Stock Exchange, confirms that various strategic options are currently being prepared for a (partial) exit with respect to its portfolio company STS Group AG, including a structured sales process or an IPO. The decision as to whether, in what form, to what extent and at what precise date the planned phase-out is to take place for the current year is still open and depends on various factors.

Company profile of Mutares AG

Mutares AG, Munich (, acquires medium-sized companies and parts of groups that are sold during a repositioning and have a clear potential for operational improvement. Mutares actively supports develops its portfolio companies with its own investment and expert teams as well as through acquisitions of strategic add ons. The aim is to achieve a significant increase in value focusing on sustainable growth of the portfolio company. Mutares AG shares are traded on the Frankfurt Stock Exchange under the symbol “MUX” (ISIN: DE000A2NB650).