Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company STRATEC SE:

MMWB, Warburg Research, or an affiliated company, reached an agreement with the issuer to provide investment banking and/or investment services and the relevant agreement was in force in the last 12 months or there arose for this period, based on the relevant agreement, the obligation to provide or to receive a service or compensation - provided that this disclosure does not result in the disclosure of confidential business information.

Markings in the chart show rating changes by Warburg Research GmbH in the last 12 months. Every marking details the date and closing price on the day of the rating change.

Date	Recommendation	Target Price	Close Price	Analyst
10.04.2024	Hold	47.00 EUR	38.70 EUR	Michael Heider
10.11.2023	Hold	54.00 EUR	46.35 EUR	Michael Heider
20.07.2023	Hold	57.00 EUR	51.40 EUR	Michael Heider
19.06.2023	Buy	84.00 EUR	68.20 EUR	Michael Heider