The Management Board of fox e-mobility AG announces:

On May 15, 2026, the company issued three convertible bonds with a total volume of up to EUR 19,331,000, namely:

Type A: ISIN DE 000A460K15 (volume up to EUR 16,000,000)

Type B: ISIN DE 000A460K49 (volume up to EUR 2,581,000)

Type C: ISIN DE 000A460K72 (volume up to EUR 750,000)

The convertible bonds were subscribed on May 15, 2026, as follows:

Type A: 62.5% (EUR 10,000,000), Subscriber: PME Capital Financiere S.A., Balzers, Liechtenstein

Type B: 100% (EUR 2,581,000), Subscriber: PME Capital Financiere S.A., Balzers, Liechtenstein

Type C: 100% (EUR 750,000), Subscriber: PME Capital Financiere S.A., Balzers, Liechtenstein.

The subscription period has expired.

A total of EUR 13,331,000 in non-interest-bearing bearer partial convertible bonds were issued by the Management Board as part of the subscription. Shareholders' pre-emptive rights were excluded.

The issuance was carried out as part of the acquisition of shareholdings totalling EUR 9,000,000, the restructuring of company's recognized liabilities totalling EUR 3,331,000, and a loan of EUR 1,000,000. The shareholdings consist of:

1. Shareholding in Silesian Power S.A. (Poland), the sole owner of the wind farms in Silesia operated by Cime Wind Krzanowicze III Sp. z o.o. and Cime Wind Krzanowicze I Sp. z o.o. The shareholding amounts to 10,691 shares (10.691% of the share capital) valued at EUR 6,000,000.
2. Shareholding in BP2 Invest AG, Vaduz, Liechtenstein, specifically 13 shares (26% of the share capital) valued at EUR 3,000,000. The value of this shareholding is secured by 5,336 shares of Silesian Power S.A. under a guarantee from a third-party company.

The issued convertible bonds are all structured as mandatory convertible bonds, meaning that at maturity they will automatically convert into shares to be created from the 2021/I Conditional Capital at a conversion price of €1. The convertible bonds also grant warrants linked to the convertible shares, entitling the holder to purchase one new share for every four convertible shares, at a price dependent on the stock market price (80% x WMA (20)), but at least €1.20.

The company's shares are listed on the open market of the Düsseldorf and Hamburg stock exchanges under ISIN DE000A40ZV71.

The convertible bonds are not traded on the Open Market.

2330160  19-May-2026 CET/CEST