Preliminary half-year results as at 30.06.2024

EQS-Ad-hoc: Altech Advanced Materials AG / Key word(s): Half Year Results
Preliminary half-year results as at 30.06.2024

09-Jul-2024 / 12:09 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.

---------------------------------------------------------------------------

Altech Advanced Materials AG (FRA: AMA) has closed its first half of the
2024 financial year (1 January - 30 June 2024) with an expected half-year
loss (individual financial statements according to HGB) of around EUR -818
thousand (comparative period: around EUR -992 thousand).

The preliminary half-year result includes sales revenue of around EUR 54
thousand (comparative period: EUR 23 thousand), other operating income of
around EUR 191 thousand (comparative period: EUR 0 thousand), personnel
expenses of around EUR 388 thousand (comparative period: EUR 167 thousand)
and other operating expenses of around EUR 649 thousand (comparative period:
around EUR 765 thousand). The financial result totalled around EUR -26
thousand (comparative period: around EUR -83 thousand).

Other operating income consists of income from the complete reversal of a
provision for onerous contracts (EUR 191 thousand), which could be reversed
in full due to the share price of Altech Advanced Materials AG being EUR
4.88 per share as at 30 June 2024. The provision for onerous contracts is
used to be able to service the options issued in the 2023 financial year as
part of the issue of the convertible bond, for which a cash settlement -
dependent on the share price performance - is planned.

Personnel expenses increased by EUR 221 thousand compared to the previous
period, mainly due to the issue of virtual options under the AAM virtual
option programme 2023 ("VOP 2023"), which led to further personnel expenses
of around EUR 183 thousand (comparative period: EUR 0 thousand).

Other operating expenses mainly consist of costs for the VOP 2023 for the
employees of the two investments (EUR 291 thousand), costs for capital
market notifications and communication (EUR 184 thousand), legal and
consulting costs (EUR 54 thousand), Supervisory Board remuneration (EUR 43
thousand) and costs for preparing and auditing the financial statements (EUR
25 thousand).

The preliminary balance sheet as at 30 June 2024 in accordance with the
German Commercial Code (HGB) shows equity of around EUR 7,870 thousand (31
December 2023: EUR 5,039 thousand).

In the forecast report of the last annual financial statements for 2024, the
Executive Board assumed a loss of around EUR 1.6 million to EUR 2.1 million.
The Executive Board is currently maintaining this forecast.

The aforementioned preliminary result is based on the preliminary assessment
of the first half of the 2024 financial year carried out by the Executive
Board on 9 July 2024. The figures stated in this announcement are subject to
the final preparation of the half-year financial statements.

The Executive Board


Explanatory part

About Altech Advanced Materials AG

Altech Advanced Materials AG (ISIN: DE000A31C3Y4), based in Frankfurt am
Main, is a holding company listed on the regulated market of the Frankfurt
Stock Exchange. The company's aim is to participate in the market for
solid-state batteries for stationary battery use with CERENERGY.

Another focus is on lithium-ion batteries. An innovative anode material
based on high-purity aluminium oxide (HPA) - Silumina Anodes(TM) - is intended
to significantly increase the performance of this battery for
electromobility.

Further information at: www.altechadvancedmaterials.com

Altech Advanced Materials AG
Executive Board: Iggy Tan, Uwe Ahrens, Hansjörg Plaggemars
Ziegelhäuser Landstraße 3
69120 Heidelberg
info@altechadvancedmaterials.com
Tel: + 49 6221 649 2482
www.altechadvancedmaterials.com

Press contact
Ralf Droz / Doron Kaufmann, edicto GmbH
Tel: +49 (0) 69 905505-54
e-mail: AltechAdvancedMaterials@edicto.de


End of Inside Information

---------------------------------------------------------------------------

09-Jul-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:        Altech Advanced Materials AG
                   Ziegelhäuser Landstraße 3
                   69120 Heidelberg
                   Germany
   Phone:          +49 6221 6492482
   E-mail:         info@altechadvancedmaterials.com
   Internet:       www.altechadvancedmaterials.com
   ISIN:           DE000A31C3Y4
   WKN:            A31C3Y
   Listed:         Regulated Market in Frankfurt (General Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Tradegate Exchange
   EQS News ID:    1941893

End of Announcement EQS News Service
---------------------------------------------------------------------------

1941893 09-Jul-2024 CET/CEST