Ad-hoc Release

Disclosure of an inside information according to Article 17 MAR

Pfeiffer Vacuum Technology AG Announces Receipt of a Notice from Pangea GmbH of its Intention to Enter Into a Domination and Profit Transfer Agreement

Asslar, November 6, 2022 Today, Pfeiffer Vacuum Technology AG ("Pfeiffer Vacuum") has received a notification from its major shareholder, Pangea GmbH with registered seat in Maulburg, informing it about the unconditional intent of Pangea GmbH to conclude a domination and profit transfer agreement (Sec. 291 para. 1 German Stock Corporation Act) with Pfeiffer Vacuum as the controlled company and Pangea GmbH as the controlling company with the right to transfer profits. Pangea GmbH wants to commence negotiations in the short term. The background for this, according to Pangea GmbH, is that it wants to simplify the coordination between the two groups of companies and in particular the decision-making processes, as this would be more in line with Busch Group's understanding as a family business. Pangea GmbH, which belongs to the Busch Group, currently holds, according to information provided by it, about 63.66% of the shares in Pfeiffer Vacuum. This means that in recent years Pangea GmbH alone consistently had had a majority of more than 75% of the votes validly cast at the respective general meetings of Pfeiffer Vacuum.

 

Contact:

Heide Erickson
Pfeiffer Vacuum Technology AG
Berliner Strasse 43
35614 Asslar
T +49 6441 802-1360
M +49 162 2022573
F +49 6441 802-1365
[email protected]
www.pfeiffer-vacuum.com