ABO Wind is now called ABO Energy

EQS-News: ABO Energy GmbH & Co. KGaA / Key word(s): Legal
Matter/Miscellaneous
ABO Wind is now called ABO Energy

01.07.2024 / 14:38 CET/CEST
The issuer is solely responsible for the content of this announcement.

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It is now official: ABO Wind has completed its change of legal structure
from a stock corporation (German: Aktiengesellschaft/AG) to a partnership
limited by shares (German: KGaA) and changed its company name to ABO Energy.
As stated in an ad-hoc announcement, the new company ABO Energy GmbH & Co.
KGaA (ABO Energy KGaA for short) was entered into the commercial register of
the Wiesbaden District Court today.

The shareholders approved the change of legal form from AG to KGaA at an
Extraordinary General Meeting on 27 October 2023 with a large majority of 87
percent. The Managing Board and Supervisory Board had proposed the change of
legal form in order to preserve the formative influence of the two founders,
Dr. Jochen Ahn and Matthias Bockholt, on company decisions and corporate
culture in the event of future capital increases.

While considering the new legal form, the company also reassessed its name.
The project developer had outgrown the name "ABO Wind" some time ago: "ABO
Energy" better reflects the international focus and expertise in four
technologies of the energy transition - wind, solar, storage and hydrogen.

The resolutions of the General Meeting in October 2023 could not be
implemented immediately due to a legal challenge. The General Meeting in
April 2024 was still held as ABO Wind AG. The company then submitted all the
necessary documents to the Wiesbaden District Court, which has now entered
the new name in the commercial register. Most of the international
subsidiaries are already called ABO Energy.

"We are very pleased that we can now begin a new chapter in our company
history as ABO Energy KGaA. With our pipeline of 23 gigawatts across
technologies and an additional 20-gigawatt hydrogen pipeline, we are very
confident about the future," says Managing Director and founder Dr Jochen
Ahn. "Our business model and, above all, our values will not change. This is
our promise to everyone who works with and for us. As ABO Energy, we look
forward to continuing and expanding the many good partnerships that we have
built as ABO Wind over the past 28 years. Transparency towards our
shareholders remains an important issue for us. We also want to make our
company even more attractive on the capital market. Our increased commitment
to Environmental, Social and Corporate Governance will certainly help us in
this endeavour."

The new logo

The new company logo contains a figurative mark which, reduced to the
essentials, represents the essence of ABO Energy. The lettering ABO Energy
reflects the strength of the company. The colour green associates the name
with renewable energies.


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01.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        ABO Energy GmbH & Co. KGaA
                   Unter den Eichen 7
                   65195 Wiesbaden
                   Germany
   Phone:          +49 (0)611 26 765 0
   Fax:            +49 (0)611 26 765 5199
   E-mail:         global@abo-wind.de
   Internet:       www.abo-wind.de
   ISIN:           DE0005760029, DE000A3829F5
   WKN:            576002, A3829F
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt, Hamburg, Munich (m:access), Stuttgart,
                   Tradegate Exchange
   EQS News ID:    1937075

End of News EQS News Service
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1937075 01.07.2024 CET/CEST