PRESS RELEASE

Muehlhan AG: Start of public share buyback offer for up to 8,108,761 Muehlhan shares

Hamburg, June 27, 2023—Muehlhan AG (Open Market; ISIN DE000A0KD0F7; WKN A0KD0F) (the “company”) hereby announces that the public share buyback offer for up to 8,108,761 Muehlhan shares for a purchase price of €1.75 per Muehlhan share (excluding ancillary acquisition costs) will begin at midnight on June 28, 2023 (CEST). The deadline for acceptance of the public share buyback offer is midnight on September 6, 2023 (CEST).

Further details regarding the share buyback offer can be found in the offer document issued by the company. The offer document is written in German and is to be published on the company’s website today (www.muehlhan-ag.com/investor_relations). It will subsequently appear in the German Federal Gazette (www.bundesanzeiger.de). The company has also prepared a non-binding English translation of the offer document, which will be published on the company’s website (www.muehlhan-ag.com/investor_relations). In addition, every shareholder may request a copy of the offer to be sent free of charge by e-mail.

You can request further information from:

Muehlhan AG

Investor Relations

Frithjof Dorowski

Phone: +49 (0)40 752 71-166

E-mail: [email protected]

About Muehlhan: Muehlhan AG is a listed corporation traded on the Open Market of the Frankfurt Stock Exchange (ISIN: DE000A0KD0F7 / WKN A0KD0F). The Muehlhan Group offers its customers a broad spectrum of industrial services: wind turbine services, surface protection, steel services, passive fire protection, scaffolding and insulation work. Muehlhan combines strong organizational skills and technical expertise, 140 years of experience and rigorous quality standards into cost-effective industrial service offerings that satisfy the highest quality demands of its customers.

You can find additional information at www.muehlhan-ag.com

Contact: Muehlhan AG; phone: +49 40 75271-0; E-mail: [email protected]