HORNBACH Baumarkt AG: Management Board and Supervisory Board Recommend Accepting the Public Delisting Offer of HORNBACH Holding AG & Co. KGaA - Seite 2

The acceptance period for the public delisting offer of HORNBACH Holding commenced with the publication of the offer document on January 14, 2022 and will end at midnight (CET) on February 22, 2022.

Please kindly note that only the joint reasoned opinion of the Management Board and Supervisory Board of HORNBACH Baumarkt is authoritative. The information in this press release does not constitute explanations or supplements to the statements in the joint reasoned opinion.

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Press and Investor Relations contacts

Antje Kelbert
Head of Communications and Investor Relations
Phone: [phone] / 60 2444
Email: [e-mail]

Florian Preuß
Head of Public Relations
Phone: [phone] / 60 2571
Email: [e-mail]

Anne Spies
Investor Relations Manager
Phone: [phone] / 60 4558
Email: [e-mail]

About HORNBACH Group

HORNBACH is an independent, family-run, and listed company. In the 2020/21 financial year (balance sheet date: February 28, 2021), it increased its (net) sales by 15.4% to € 5.5 billion. Founded in 1877, HORNBACH is the only DIY sector player with a history stretching back six generations. HORNBACH operates 167 DIY stores and garden centers (including specialist retail stores), online shops in nine European countries and 36 building materials stores (under the umbrella of HORNBACH Baustoff Union). HORNBACH's sales concept and its product ranges are fully aligned to the needs of project and commercial customers. The company guarantees permanently low prices to its customers, making it the price leader in its sector. The high quality of advice and excellent service it provides to customers have been documented in numerous independent tests and studies. With pioneering achievements, such as the first combined DIY store and garden center (1968), the first megastore (1980), and the first DIY store with a drive-in facility (2003), HORNBACH has repeatedly demonstrated its power of innovation. The company has also acted as a jobs motor for decades, with more than 24,000 employees now working to advance its success.

Important notice

This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares of HORNBACH Baumarkt AG nor an offer or recommendation to purchase shares of HORNBACH Holding AG & Co. KGaA. The definitive terms of the delisting tender offer, as well as further provisions concerning the delisting tender offer, are set out in the offer document the publication of which has been approved by the German Federal Financial Supervisory Authority (BaFin). Investors and holders of shares in HORNBACH Baumarkt AG are strongly advised to read the offer document and all other relevant documents regarding the delisting tender offer, since they contain important information.