DGAP-News

Compleo Charging Solutions AG: Compleo finalizes acquisition of innogy eMobility Solutions GmbH

DGAP-News: Compleo Charging Solutions AG / Key word(s): Takeover Compleo Charging Solutions AG: Compleo finalizes acquisition of innogy eMobility Solutions GmbH 12.01.2022 / 11:28 The issuer is solely responsible for the content of this announcement. Compleo finalizes acquisition of innogy eMobility Solutions GmbH

Dortmund, January 12, 2022. Compleo Charging Solutions AG ("Compleo" or the "Company") has announced the completion of an agreement signed at the end of October to purchase 100% of the shares in innogy eMobility Solutions GmbH ("ieMS"). Finalization of the acquisition means that Compleo has successfully completed another step in the already initiated integration of ieMS and its e-mobility software services into the Compleo Group. The integration includes taking over the entire ieMS workforce and all of ieMS's customer relationships as well as its subsidiary in the United Kingdom. The Company will report ieMS as a wholly owned subsidiary starting on 1 January 2022.

The scheduled closing of the agreement and transfer of the cash portions of the purchase price also mean that E.ON SE, ieMS's previous shareholder, will have an equity interest in Compleo based on the issuance of new shares via a capital increase from authorized capital. Compleo increased its share capital by 200,000 shares for this purpose. After the capital increase, Compleo's share capital totaled EUR 5,069,785.

Compleo has been successfully pursuing an inorganic growth strategy, which included the takeover of wallbe GmbH (now Compleo Connect GmbH) in the first half of 2021, and has set its sights on becoming Europe's leading provider of full-service charging technologies at its Dortmund location.

According to Georg Griesemann, CEO of Compleo Charging Solutions AG, "ieMS has one of the leading charging points management systems in Germany. In particular, the addition of e-mobility software services to our product portfolio represents the next evolutionary leap in our company history. The merger opens up immense long-term growth potential for us as a leading provider of green technologies in Europe's highly dynamic market for charging solutions."