ProCredit Holding will hold its Annual General Meeting on 26 May 2020 as an online event without physical presence and will postpone the resolution on the appropriation of profit for the year

- Comprehensive Management Statement on the status of the group with regard to the COVID-19 pandemic published

- Vote on the proposal for the appropriation of profits planned for the fourth quarter of 2020

Frankfurt am Main, 27 April 2020 - In view of the authorities' ban on large-scale events until at least 31 August 2020, the Management and the Supervisory Board of ProCredit Holding AG & Co. KGaA (ProCredit Holding) have decided to hold the company's Annual General Meeting on 26 May 2020 as an online event without physical presence (a virtual Annual General Meeting) in accordance with the legal amendments passed by the German Federal Parliament (C19-AuswBekG).

In addition, it was decided that no proposal would be presented to the shareholders for a resolution on the appropriation of the profit for the 2019 financial year at the Annual General Meeting of ProCredit Holding scheduled for May. The Management Board plans to submit a proposal for the appropriation of profits to be approved by the General Meeting in the fourth quarter of 2020. A comprehensive Management Statement on the status of the ProCredit group with regard to the COVID-19 pandemic was published today on https://procredit-holding.com/

Contact:
Andrea Kaufmann, Group Communications, ProCredit Holding, Tel.: +49 69 95 14 37 138,
E-mail: [email protected]

About ProCredit Holding AG & Co. KGaA
ProCredit Holding AG & Co. KGaA, based in Frankfurt am Main, Germany, is the parent company of the development-oriented ProCredit group, which consists of commercial banks for small and medium enterprises (SMEs). In addition to its operational focus on South Eastern and Eastern Europe, the ProCredit group is also active in South America and Germany. The company's shares are traded on the Prime Standard segment of the Frankfurt Stock Exchange. The anchor shareholders of ProCredit Holding AG & Co. KGaA include the strategic investors Zeitinger Invest and ProCredit Staff Invest (the investment vehicle for ProCredit staff), the Dutch DOEN Participaties BV, KfW Development Bank and IFC (part of the World Bank Group). As the group's superordinated company according to the German Banking Act, ProCredit Holding AG & Co. KGaA is supervised on a consolidated level by the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin) and the German Bundesbank. For additional information, visit: www.procredit-holding.com.

Forward-looking statements
This press release contains statements relating to our future business development and financial performance, as well as statements relating to future actions or developments affecting ProCredit Holding which may constitute forward-looking statements. Such statements are based on the management of ProCredit Holding's current expectations and specific assumptions, many of which are beyond the control of ProCredit Holding. They are therefore subject to a multitude of risks, uncertainties and factors. Should one or more of these risks or uncertainties materialise, or should underlying expectations or assumptions prove incorrect, then the actual results, performance and achievements (both negative and positive) of ProCredit Holding may differ significantly from those expressed or implied in the forward-looking statement. ProCredit Holding does not undertake any obligation to update these forward-looking statements or to correct them in the event of deviations from the expected development.