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EQS-Ad-hoc: Voltabox AG / Key word(s): Investment
Advanced talks on the sale of the majority stake in GreenCluster GmbH
29-May-2024 / 22:42 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News
- a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Advanced talks on the sale of the majority stake in GreenCluster GmbH
Paderborn, May 29, 2024 - Voltabox AG ("Company") is currently in advanced discussions regarding the sale of its 80%
share in GreenCluster GmbH as well as the shareholder loans granted. The company expects sales proceeds of a mid
six-figure amount. For the company's "VoltaStore" division, which exclusively comprises the investment in GreenCluster
GmbH, the company forecasts revenues of EUR 7 million for the 2024 fiscal year and thus around two thirds of the
company's total consolidated revenues of around EUR 10.5 million.
Whether or not an agreement will be reached by the negotiating parties as well as the terms of such an agreement will
depend on the further progress of the discussions.

About Voltabox AG
Voltabox AG (ISIN DE000A2E4LE9), which is listed on the regulated market (Prime Standard) of the Frankfurt Stock
Exchange, is a technology driven provider for e-mobility solutions in industrial applications. Its core business lies
in intrinsically safe, highly developed high-performance lithium-ion battery systems that are modular and in serial
production. The battery systems are primarily used in agricultural and construction machinery as well as in electric
and hybrid-electric buses for public transportation. In addition, Voltabox is active in the field of infrastructural
energy production and corresponding utilization models through its subsidiary GreenCluster GmbH. For more information,
visit www.voltabox.ag.

Contact
Voltabox AG
Patrick Zabel (CEO)
Technologiepark 32
33100 Paderborn
Email: investor@voltabox.ag

End of Inside Information
29-May-2024 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press
Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      Voltabox AG 

Technologiepark 32
33100 Paderborn
Germany

Phone:        +49 (0)5250 9930 964 
E-mail:       info@voltabox.ag 
Internet:     www.voltabox.ag 
ISIN:         DE000A2E4LE9 
WKN:          A2E4LE 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1914037

End of Announcement EQS News Service
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1914037 29-May-2024 CET/CEST

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END) Dow Jones Newswires

May 29, 2024 16:42 ET (20:42 GMT)