DEUTZ AG Successfully Completes Cash Capital Increase Through Accelerated Bookbuilding

Cologne, July 3, 2024 – DEUTZ AG has issued 12,614,719 new shares in a private placement via accelerated bookbuilding, excluding pre-emption rights. The increase, utilizing authorized capital, raises DEUTZ AG's share capital by 10% to 138,761,914 shares at a placement price of €5.71 per share, generating approximately €72 million in gross proceeds.

The new shares will be traded on the Frankfurt and Duesseldorf Stock Exchanges starting July 8, 2024. These proceeds will enable DEUTZ to retain flexibility for its Dual+ strategy and possible further acquisitions following its purchase of Blue Star Power Systems, Inc.

DEUTZ has committed to a six-month lock-up on issuing additional shares. Commerzbank and M.M.Warburg & CO acted as Joint Global Coordinators and Joint Bookrunners for the transaction.