SoWiTec Group Calls Second Bondholders' Meeting for 2018/2026 Bond

SoWiTec Group GmbH is inviting bondholders of the 2018/2026 bond to a second meeting on October 8, 2025, in Sonnenbühl. This follows an unsuccessful initial vote that didn't meet the required 50% quorum, with only 12.18% participation. The upcoming meeting requires a 25% quorum to proceed with planned measures.

SoWiTec promises a 0.5% participation fee based on the outstanding nominal value, requiring a 25% quorum. Participants will receive this reimbursement after resolution implementation. A form for the fee application is available on the company's website.

The company is negotiating a sale of an 80 MW portfolio in Germany to finance the bond's partial repayment due on November 8, 2025. This deal is crucial as SoWiTec faces liquidity challenges, with liquidity at €1.4 million as of July 31, 2025.

Agreements with SdK Schutzgemeinschaft include deferring repayment and temporarily waiving termination rights. Meanwhile, the 8% interest payment, approximately €0.4 million, remains unaffected and is to be paid in full and on time.