Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company GBK Beteiligungen AG:
| The company compiling the analysis or an affiliated company had reached an agreement on the compilation of the research recommendation with the analysed company. |
| Warburg Research, or an affiliated company, holds a net long position of more than 0.5% of the total issued share capital of the analysed company. |
| The company preparing the analysis as well as its affiliated companies and employees have other important interests in relation to the analysed company, such as, for example, the exercising of mandates at analysed companies. |
