Burda Digital SE Ups Its Stake in New Work SE to Approximately 74%

New Work SE announced today a significant increase in ownership by its majority shareholder, Burda Digital SE. Following a comprehensive shareholder identification process performed by external service providers, it has been disclosed that Burda Digital SE's stake in New Work SE has been augmented to about 74%. This development marks a notable shift in the shareholding structure of the company.

The verification of the shareholder structure is part of the company's regular disclosure requirements and is aimed at maintaining transparency with the investment community. The annual procedure led to the revelation of this considerable investment adjustment. New Work SE, a noted entity in its field, recognizes this increase as a pivotal moment, reflecting the ongoing commitment of Burda Digital SE as a key stakeholder.