Cardea Europe AG: Cardea Corporate Holdings Inc. increases stake in Cardea Europe AG to 100 percent

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014

Cardea Corporate Holdings Inc. increases stake in Cardea Europe AG to 100 percent

March 4, 2022 - Frankfurt. Cardea Corporate Holdings Inc. today exercised its existing option (cf. ad-hoc from 5 December 2021) to acquire the remaining 51 percent of Cardea Europe. The company now holds 100 percent of Cardea Europe. The parties have agreed not to disclose the purchase price.

Cardea Europe AG
Lurgiallee 14
D-60439 Frankfurt am Main
Germany

Disclaimer

Safe Harbor Statement

No action has been taken that would permit an offering of the securities or possession or distribution of this announcement in any jurisdiction where action for that purpose is required. Persons into whose possession this announcement comes are required to inform themselves about and to observe any such restrictions.

If any statements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words 'will', 'expect', 'believe', 'estimate', 'intend', 'aim', 'assume' or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of DESIAG and/or CARDEA EUROPE AG and the persons acting together with DESIAG and/or CARDEA EUROPE AG. Such forward-looking statements are based on current plans, estimates and forecasts which DESIAG and/or CARDEA EUROPE AG and the persons acting together with DESIAG and / or CARDEA EUROPE AG have made to the best of their knowledge, but which do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by DESIAG and / or CARDEA EUROPE AG or the persons acting together with DESIAG and / or CARDEA EUROPE AG. It should be kept in mind that the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements.

The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy or completeness. The information in this announcement is subject to change.