DGAP-Adhoc

MBB SE subsidiary FRIEDRICH VORWERK sets price range for planned IPO at €41 to €56 per share - Seite 4

This announcement also contains certain financial measures that are not recognized under International Financial Reporting Standards ("IFRS"). These non-lFRS measures are presented because the Company believes that they and similar measures are widely used in the markets in which it operates as a means of evaluating a company's operating performance and financing structure. They may not be comparable to other similarly titled measures of other companies and are not measurements under IFRS or other generally accepted accounting principles.

This announcement does not purport to contain all information required to evaluate the Company and/or its financial position. Financial information (including percentages) has been rounded according to established commercial standards.

To cover potential over-allotments, the selling shareholders have agreed to make available up to 1,200,000 shares of Friedrich Vorwerk Group SE to the underwriters. In addition, the selling shareholders have granted the underwriters an option to acquire a number of shares equal to the number of shares allotted to cover over-allotments during the Stabilisation Period (as defined below). In connection with the placement of shares, Joh. Berenberg, Gossler & Co. KG will act as the stabilisation manager and may, as stabilisation manager, make over-allotments and take stabilisation measures in accordance with legal requirements (Art. 5(4) and (5) of Regulation (EU) No 596/2014 in conjunction with Articles 5 through 8 of Commission Delegated Regulation (EU) 2016/1052). Stabilization measures aim at supporting the market price of the Company's shares during the stabilization period, such period starting on the date the Company's shares commence trading on the regulated market (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), expected on or around 25 March 2021, and ending no later than 30 calendar days thereafter (the "Stabilization Period"). The stabilisation manager is, however, under no obligation to take any stabilization measures. Therefore, stabilization measures may not necessarily occur and may cease at any time without advance notice. These measures may result in the market price of the Company's shares being higher than would otherwise have been the case. Moreover, the market price may temporarily be at an unsustainable level. In addition, stabilisation activities may give false or misleading signals regarding the supply of the securities. In connection with such stabilization measures, investors may, in addition to the primary and secondary shares, be allocated up to 1,200,000 over-allotment shares (such number not to exceed 15% of the final number of primary and secondary shares placed in the Offering). In addition, the current shareholders have granted the underwriters an option to acquire a number of shares in the Company equal to the number of over-allotment shares at the offer price, less agreed commissions (so-called greenshoe option). To the extent over-allotment shares are allocated to investors in the Offering, the stabilisation manager is entitled to exercise this greenshoe option on one or more occasions if such exercise follows a sale of shares by the stabilisation manager which the stabilisation manager had previously acquired as part of stabilization measures.