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EQS Voting Rights Announcement: Covestro AG
Covestro AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the
objective of Europe-wide distribution
2024-06-17 / 14:50 CET/CEST
Dissemination of a Voting Rights Announcement transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Notification of Major Holdings
1. Details of issuer
Name: Covestro AG
Street: Kaiser-Wilhelm-Allee 60
Postal code: 51373
City: Leverkusen
Germany
Legal Entity Identifier (LEI): 3912005AWHKLQ1CPLV11
2. Reason for notification
Acquisition/disposal of shares with voting rights
X Acquisition/disposal of instruments
Change of breakdown of voting rights
Other reason:
3. Details of person subject to the notification obligation
Legal entity: Morgan Stanley
City of registered office, country: Wilmington, Delaware, United States of America (USA)
4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:
11 Jun 2024
6. Total positions
% of voting rights % of voting rights through Total of
attached to shares instruments both in % Total number of voting rights
(total of 7.a.) (total of 7.b.1 + 7.b.2) (7.a. + pursuant to Sec. 41 WpHG
7.b.)
New 1.01 % 4.06 % 5.07 % 189000000
Previous 0.43 % 4.33 % 4.76 % /
notification
7. Details on total positions a. Voting rights attached to shares (Sec. 33, 34 WpHG)
ISIN Absolute In %
Direct Indirect Direct Indirect
(Sec. 33 WpHG) (Sec. 34 WpHG) (Sec. 33 WpHG) (Sec. 34 WpHG)
DE0006062144 0 1914496 0 % 1.01 %
Total 1914496 1.01 %
b.1. Instruments according to Sec. 38 (1) no. 1 WpHG
Type of instrument Expiration or maturity Exercise or conversion Voting rights Voting rights
date period absolute in %
Equity Call Option From 21.06.2024 to at any time 2577000 1.36 %
20.06.2025
Right of recall over securities at any time at any time 397107 0.21 %
lending agreements
Total 2974107 1.57 %
b.2. Instruments according to Sec. 38 (1) no. 2 WpHG
Type of instrument Expiration or maturity Exercise or conversion Cash or physical Voting rights Voting rights
date period settlement absolute in %
Equity Put Option From 21.06.2024 to at any time Physical 2016100 1.07 %
18.12.2026
Retail Structured From 16.03.2071 to at any time Cash 13979 0.01 %
Product 19.10.2073
Equity Swap From 16.07.2024 to at any time Cash 2667401 1.41 %
17.02.2025
Compound Option 17.02.2026 at any time Cash 1072 0 %
Total 4698552 2.49 %
8. Information in relation to the person subject to the notification obligation
Person subject to the notification obligation is not controlled nor does it control any other
undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X Full chain of controlled undertakings starting with the ultimate controlling natural person or legal
entity:
Name % of voting rights (if at % of voting rights through instruments Total of both (if at
least 3% or more) (if at least 5% or more) least 5% or more)
Morgan Stanley % % %
Morgan Stanley Capital % % %
Management, LLC
Morgan Stanley & Co. LLC % % %
- % % %
Morgan Stanley % % %
Morgan Stanley
International Holdings % % %
Inc.
Morgan Stanley % % %
International Limited
Morgan Stanley Investments % % %
(UK)
Morgan Stanley & Co. % % %
International plc
- % % %
Morgan Stanley % % %
Morgan Stanley Capital % % %
Management, LLC
Morgan Stanley & Co. LLC % % %
Prime Dealer Services % % %
Corp.
- % % %
Morgan Stanley % % %
Morgan Stanley
International Holdings % % %
Inc.
Morgan Stanley B.V. % % %
- % % %
Morgan Stanley % % %
Morgan Stanley Capital % % %
Management, LLC
Morgan Stanley Smith % % %
Barney LLC
9. In case of proxy voting according to Sec. 34 para. 3 WpHG (only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG) Date of general meeting: Holding total positions after general meeting (6.) after annual general meeting:
Proportion of voting rights Proportion of instruments Total of both
% % %
10. Other explanatory remarks:
Please note that the reason for notification selected relates to the specific activity which occurred on the Date on
which threshold was crossed or reached and which contributed to the triggering of the notification obligation and
therefore may not also correspond to the comparison of New & Previous notification % values in the Total Positions
section
Date
17 Jun 2024
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2024-06-17 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com
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Language: English
Company: Covestro AG
Kaiser-Wilhelm-Allee 60
51373 Leverkusen
Germany
Internet: www.covestro.com
End of News EQS News Service
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1926669 2024-06-17 CET/CEST
Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1926669&application_name=news
END) Dow Jones Newswires
June 17, 2024 08:50 ET (12:50 GMT)