Veganz Group AG: Veganz Group creates conditions for further sales and earnings growth with successfully placed capital increase

Ludwigsfelde (pta007/12.02.2025/07:50) - Ludwigsfelde, 12 February 2025 - Veganz Group AG (ISIN: DE000A3E5ED2 / FSE:VEZ) today successfully completed the capital increase of up to around 10 percent of the share capital resolved on 13rd December 2024. As part of the transaction, 125,199 no-par value bearer shares, each with a pro rata amount of the company's share capital of EUR 1.00, were issued at a placement price of EUR 6.00, excluding shareholders' subscription rights.

The gross issue volume before costs and commissions thus amounts to around EUR 0.75 million. The company plans to use the placement proceeds to finance further growth investments.

There was great interest in the placement. In addition to existing investors from Germany, Austria and Switzerland, the management of the Veganz Group and several new, financially strong investors also participated in the capital increase. These new investors have already signalled that they will make further funds available if business develops positively. This emphasises their long-term interest in the company.

Jan Bredack, CEO of Veganz Group, thanks the investors for their great interest: 'The success of the placement demonstrates the investors' strong confidence in our strategy and the future growth of Veganz.'

Following the entry of the capital increase in the commercial register, the company's share capital will increase by EUR 125,199.00 from EUR 1,251,999.00 to EUR 1,377,198.00. The new shares issued will carry dividend rights from 1 January 2024.

The transaction was handled by M.M.Warburg.

Important notice:

The information contained in this press release is not for distribution to, or publication in, the United States, Australia, Canada or Japan. This document does not constitute an offer to sell or a solicitation of an offer to buy any securities. This document is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from registration. The shares of Veganz Group have not been and will not be registered under the U.S. Securities Act of 1933, as amended, and will not be sold or offered for sale in the United States of America.

About the Veganz Group AG

Founded in Berlin in 2011, the Veganz Group is an innovative producer of plant-based foods. The Veganz brands also include Happy Cheeze, Mililk, Peas on Earth and OrbiFarm. Originally launched as a European vegan supermarket chain, Veganz succeeded in breaking into this new growth market with a sustainable corporate philosophy and establishing the plant-based food trend in the German-speaking region. The current product portfolio includes confectionery, snacks, dairy, cheese and meat alternatives.

The products are available in Germany, Austria and Switzerland not only in the company's own online shop, but also in wholesale and retail outlets across the country, including Edeka, Rewe, Spar International, Rossmann, dm Germany and Transgourmet. The Veganz range is being successively optimised with high-quality and innovative products, while the sustainable value chain is being continuously improved.

Veganz has been awarded the B Corp certificate for its social and ecological impact, compares the environmental balance of all its own products with all food products in German-speaking countries and regularly sets new benchmarks for a sustainable food industry.

Contact:

Veganz Group AG

Massimo Garau

CFO

Phone: +49 (0)151 46569362

E-mail: ir@veganz.de

Website: http://www.veganz.de

(Ende)