EQS-Adhoc Voltabox Resolves on Capital Increase from Authorized Capital in the Volume of up to 10% of the Share Capital

Voltabox Resolves on Capital Increase from Authorized Capital in the Volume of up to 10% of the Share Capital

Paderborn, November 25, 2022 – The Management Board of Voltabox AG ["Voltabox" or the "Company" or the "Company"; ISIN DE000A2E4LE9] today, with the approval of the Supervisory Board, resolved to increase the share capital of the Company from currently € 17,407,500 by up to € 1,740,750 to up to € 19,148,249 by issuing 1,740,750 new ordinary bearer shares with no par value, each such share with a pro-rata value of € 1.00 of the Company’s share capital (the "New Shares"), against cash contributions, making partial use of the existing authorized capital pursuant to Section 4.5 of the Company’s Articles of Association (the "Capital Increase"). The statutory subscription right of the Company's shareholders was excluded pursuant to sections 203 (1) and (2), 186 (3) sentence 4 of the German Stock Corporation Act (AktG). The New Shares carry full dividend rights from January 1, 2022.

The New Shares shall be admitted to trading without prospectus on the regulated market of the Frankfurt Stock Exchange with simultaneous admission to the sub-segment thereof with additional post-admission obligations (Prime Standard) and included in the existing listing on the Frankfurt Stock Exchange.

The net proceeds from the Capital Increase shall be used by the Company to strengthen its equity base and to expand its business segments as part of its strategic corporate development.