ENCAVIS AG: Elbe BidCo AG secures 91.12% of the shares in ENCAVIS AG and intends to carry out a merger squeeze-out of the minority shareholders of ENCAVIS AG

EQS-Ad-hoc: ENCAVIS AG / Key word(s): Squeeze Out/Squeeze Out ENCAVIS AG: Elbe BidCo AG secures 91.12% of the shares in ENCAVIS AG and intends to carry out a merger squeeze-out of the minority shareholders of ENCAVIS AG 31-Jan-2025 / 17:01 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. Disclosure of an inside information acc. to Article 17 of the Regulation (EU) No 596/2014 Elbe BidCo AG secures 91.12% of the shares in ENCAVIS AG and intends to carry out a merger squeeze-out of the minority shareholders of ENCAVIS AG Hamburg, 31 January 2025 – ENCAVIS AG (ISIN: DE0006095003, ticker symbol: ECV) (“Encavis” or the “Company”) announces that Elbe BidCo AG has today informed the Company’s management board of its intention to carry out a merger squeeze-out of the Company’s remaining minority shareholders in accordance with section 62 para. 1 and 5 of the German Transformation Act (Umwandlungsgesetz) in conjunction with sections 327a et seqq. of the German Stock Corporation Act (Aktiengesetz). Elbe BidCo AG has also proposed entering into negotiations with the Company’s Management Board regarding the conclusion of a merger agreement. Elbe BidCo AG currently holds approximately 87.73% of Encavis shares. According to information by Elbe BidCo AG published in the Federal Gazette, the public delisting offer of Elbe BidCo AG made to the Encavis shareholders (“Delisting Offer”) has to date been accepted in an amount of approximately 3.39%, therefore, Elbe BidCo AG has already secured a total of approximately 91.12% of the Encavis shares. By the end of 31 January 2024 the acceptance period for the Delisting Offer will end, with the final results expected to be published on 5 February 2025 and the settlement of the Delisting Offer to occur shortly thereafter. Elbe BidCo AG has also announced that, following the settlement of the Delisting Offer, it will immediately repeat its request for the Company’s general meeting to resolve, within three months of the conclusion of the merger agreement, on the transfer of the Encavis shares of the Company’s remaining minority shareholders to Elbe BidCo AG as principal shareholder in return for an appropriate cash settlement. The amount of the cash settlement will be determined at a later date. * * * Contact / Notifying Person: ENCAVIS AG Dr. Oliver Prüfer Press Officer & Manager Public Relations Tel.: + 49 (0)40 37 85 62 133     E-Mail: [e-mail] www.encavis.com End of Inside Information 31-Jan-2025 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	ENCAVIS AG
	Große Elbstraße 59
	22767 Hamburg
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	https://www.encavis.com
ISIN:	DE0006095003
WKN:	609500
EQS News ID:	2079213

End of Announcement	EQS News Service

2079213  31-Jan-2025 CET/CEST