Voltabox Resolves on Capital Increase from Authorized Capital in the Volume of up to 10% of the Share Capital

NOT FOR DISTRIBUTION, PUBLICATION OR TRANSMISSION, DIRECTLY OR INDIRECTLY, IN ANY STATE OF THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA OR JAPAN OR ANY OTHER COUNTRY IN WHICH SUCH PUBLICATION MAY BE UNLAWFUL OR IN WHICH THE OFFERING OF SECURITIES IS SUBJECT TO REGULATORY RESTRICTIONS.

Voltabox Resolves on Capital Increase from Authorized Capital in the Volume of up to 10% of the Share Capital

Paderborn, August 13, 2024 – The Management Board of Voltabox AG ["Voltabox" or the "Company" or the "Group"; ISIN DE000A2E4LE9] has today resolved, with the approval of the Supervisory Board, to increase the Company's share capital by EUR 1,914,824 from EUR 19,148,249 to EUR 21,063,073 by issuing 1,914,824 new ordinary bearer shares with a nominal value of EUR 1.00 each (the "New Shares"). The increase will be effected by issuing the New Shares against cash contributions, making partial use of the existing authorized capital pursuant to Article 4.5 of the Company's Articles of Association (the "Capital Increase"). The statutory subscription rights of the Company's shareholders were excluded in accordance with sections 203 (1) and (2), 186 (3) sentence 4 of the German Stock Corporation Act. The New Shares carry full dividend rights from January 1, 2024.

The New Shares will subsequently be admitted to trading without a prospectus on the regulated market of the Frankfurt Stock Exchange, with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard), and will be included in the existing listing on the Frankfurt Stock Exchange.

The Company intends to use the net proceeds to stabilize its equity base.

The transaction is being managed by M.M.Warburg & CO.

Important note

This announcement is for information purposes only and does not constitute an offer to sell or a solicitation to buy or subscribe to securities of Voltabox AG. No public offer has been or will be made and no prospectus will be published in connection with this transaction. The New Shares have not been and will not be registered under the United States Securities Act of 1933, as amended, or with any securities regulatory authority of any state of the United States of America. The New Shares may not be offered, sold or delivered, directly or indirectly, in or into the United States of America.

About Voltabox AG

Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial production. The battery systems are primarily used in buses for public transportation as well as in agricultural and construction machinery. In addition, Voltabox is active in the field of renewable energies through its subsidiary GreenCluster GmbH. GreenCluster offers system solutions based on photovoltaic systems and energy storage systems and also implements intelligent energy use models.

Contact

Voltabox AG

Patrick Zabel (CEO)

Technologiepark 32

33100 Paderborn

Email: investor@voltabox.ag