EQS-News

Deutsche Post AG: Form notification of share repurchase programme

EQS-News: Deutsche Post AG / Key word(s): Share Buyback Deutsche Post AG: Form notification of share repurchase programme 22.06.2023 / 17:07 CET/CEST The issuer is solely responsible for the content of this announcement. Corporate News

Form notification of share repurchase programme
June 22^th, 2023

Deutsche Post AG, Bonn, Germany
WKN: 555200
ISIN: DE0005552004

Announcement pursuant to Art. 5 para 1 of Regulation (EU) No. 596/2014 in conjunction with Art. 2 para 1 of the Delegated Regulation (EU) 2016/1052 of the Commission (as amended or replaced from time to time)

In February 2022 the Company's Management Board had initially resolved to undertake a programme of share buybacks (Buyback Programme) of Deutsche Post AG for up to 50 million shares at a total purchase price of up to €2 billion. On February 14, 2023, the Board of Management of Deutsche Post AG resolved to increase the number of shares to be repurchased to up to 105 million shares and the total purchase price to up to €3 billion.

The repurchased shares will either be retired, used to service long-term executive remuneration and possible future employee share offerings or to meet possible obligations under the convertible bond 2017/2025.

The repurchase via the stock exchange has started on April 8^th, 2022 and will end in December 2024 the latest. The Buyback Programme for the first two tranches were based on the authorization of the Annual General Meeting of May 6^th, 2021, valid until May 5^th, 2026. A third tranche of the current share buyback program with a start date of June 26, 2023 will be implemented on the basis of the authorization granted by the Company's Annual General Meeting on May 4^th, 2023.

Based on the two authorizations granted by the Annual General Meetings on May 6^th, 2021 and May 4^th, 2023, shares in the amount of up to 10% of the Company's share capital existing at the date the resolution on the share buyback is adopted may be acquired. The purchase price may not exceed the average share price prior to the effective date of the transaction by more than 10%, and may not be fixed more than 20% below it. The average share price is the non-volume-weighted average of the closing prices of the Company's shares in Xetra trading (or a comparable successor system) on the Frankfurt Stock Exchange on the last five trading days. The effective date is the date of the purchase or, if earlier, the date on which a commitment to purchase is entered into.