BayWa AG successfully completes capital increase with subscription rights

EQS-News: BayWa AG / Key word(s): Capital Increase BayWa AG successfully completes capital increase with subscription rights 11.11.2025 / 08:21 CET/CEST The issuer is solely responsible for the content of this announcement. NOT FOR DISTRIBUTION, PUBLICATION OR RELEASE, EITHER DIRECTLY OR INDIRECTLY, IN OR TO THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH DISTRIBUTION, PUBLICATION OR RELEASE WOULD BE UNLAWFUL. OTHER RESTRICTIONS ARE APPLICABLE. PLEASE SEE THE IMPORTANT NOTICE AT THE END OF THIS PRESS RELEASE.

BayWa AG successfully completes capital increase with subscription rights

Munich, 11 November 2025 – BayWa AG (the “Company”, ticker: BYW6, ISIN: DE0005194062, WKN: 519406) successfully completed the capital increase with subscription rights announced on 24 October 2025. In the second tranche, a total of 27,460,578 new ordinary registered shares with no par value of the Company ("New Shares") were offered during the subscription period from 28 October 2025 to 10 November 2025 (both dates inclusive) at a subscription ratio of 1:2, i.e. one existing share entitles the holder to subscribe for two new shares each, and a subscription price of EUR 2.79 per New Share ("Subscription Price") in accordance with the terms and conditions of the subscription offer published in the German Federal Gazette (Bundesanzeiger) ("Subscription Offer").

The capital increase aimed to generate total gross proceeds of at least EUR 150.0 million and up to EUR 201.6 million. The total gross issue proceeds from both tranches including rump placement amount to approximately EUR 179 million, corresponding to a total of c. 89% take-up. The anchor shareholders Bayerische Raiffeisen-Beteiligungs-Aktiengesellschaft (BRB) und Raiffeisen Agrar Invest AG (RAI) had agreed in connection with a back-stop commitment to subscribe for New Shares of up to EUR 25 million in order to generate gross proceeds of at least EUR 150 million over both tranches. Due to the positive outcome of the Subscription Offer, this back-stop will not be required. Thus, the offer has been completed.