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 (www.mutares.de), acquires medium-sized companies and parts of groups that are being sold during a repositioning and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with 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).