United Internet AG to Increase Stake in 1&1 AG

On May 16, 2025, United Internet AG announced a voluntary public partial acquisition offer to increase its stake in 1&1 AG. The offer seeks to acquire up to 16,250,827 shares, approximately 9.19% of 1&1 AG's share capital, at EUR 18.50 per share. This price reflects a 20% premium on the previous day's closing price on the Frankfurt Stock Exchange and a 29% increase over the three-month average. Currently, United Internet holds 80.81% of 1&1 AG’s shares. The final share count subject to the offer will appear in the approved offer document, available online and published in the federal gazette.

The company has indicated no plans to pursue a domination agreement or delist the 1&1 shares. Post-offer, the shares will continue trading on the Frankfurt Stock Exchange. Approval from the German Federal Financial Supervisory Authority (BaFin) is pending. The offer and all related documents will be accessible online following BaFin's authorization.