ENCAVIS AG Completes Merger Squeeze-Out

Hamburg, 12 September 2025 – ENCAVIS AG has successfully completed the merger squeeze-out process. This decision, resolved at the Annual General Meeting on 16 July 2025, has now been implemented following its entry into the commercial register on 10 September 2025. As a result, all shares held by minority shareholders have been transferred to Elbe BidCo AG, the principal shareholder.

The transaction involves Elbe BidCo AG, a holding company managed by Kohlberg Kravis Roberts & Co. L.P. (KKR), acquiring the minority-held shares. A cash settlement of EUR 17.23 per share will be provided to the minority shareholders. Additional information will be released by the principal shareholder soon.