Paragon Schedules Second Bondholders' Meeting

Paragon GmbH & Co. KGaA is set to host a second meeting for bondholders, scheduled for December 19, 2025, following an unsuccessful quorum in the initial vote. The first vote, conducted without a physical meeting, saw only 3% participation, far below the required threshold. The next gathering will take place at Hotel Waldkrug in Delbrück, as Paragon aims to reach an agreement on adjusted bond terms.

This second meeting arises from the bondholder proposal put forth from November 27 to 29, 2025. Klaus Dieter Frers, CEO of Paragon, anticipates better engagement from major investors and protection associations to secure the necessary approvals. An informational event hosted with the German Shareholders' Association is also planned prior to the meeting.