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

Companies affiliated with Warburg Research manage financial instruments, which are, or the issuers of which are, subject of the research recommendation, in a market based on the provision of buy or sell contracts.

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
17.03.2023	Buy	48.00 EUR	38.60 EUR	Christian Cohrs
02.11.2022	Buy	44.00 EUR	36.75 EUR	Christian Cohrs
04.08.2022	Buy	43.00 EUR	36.85 EUR	Christian Cohrs
17.05.2022	Buy	45.00 EUR	35.45 EUR	Christian Cohrs
29.04.2022	Buy	48.00 EUR	36.65 EUR	Christian Cohrs