SGT German Private Equity becomes German AI Group - General Meeting to vote
on the company name change in August

EQS-News: SGT German Private Equity GmbH & Co. KGaA / Key word(s): Strategic
Company Decision/Strategic Company Decision
SGT German Private Equity becomes German AI Group - General Meeting to vote
on the company name change in August

07.06.2024 / 11:43 CET/CEST
The issuer is solely responsible for the content of this announcement.

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+++ Press release +++

SGT German Private Equity becomes German AI Group -
General Meeting to vote on the company name change in August

  * Announcement of details about the future Artificial Intelligence
    business and publication of the 2023 annual report planned for June

* Christoph Gerlinger in an interview with Finance TV

  * General Meeting including presentation of the new business division on
    14.08.24

* Sales of VC shareholdings and cost reductions

Frankfurt/Main, 13 March 2024 - SGT German Private Equity ('SGF'), a holding
based in Frankfurt am Main, intends to announce details of its planned shift
towards Artificial Intelligence by the end of June. The goal is to quickly
build critical expertise, attract and retain AI talent, and return to
profitability without major investment, while creating a platform to
incubate promising AI startups. In an interview published earlier this week
with Finance TV, founder and CEO Christoph Gerlinger provided initial
details on this.

The Annual General Meeting of SGF is scheduled to take place on 14 August
2014. On this occasion, the company will present the new business segment to
its shareholders and put the change of name to 'German AI Group' to a vote.
The invitation and agenda will be sent out in due time.

In May, the subsidiary German Startups Group VC GmbH succeeded in partially
selling two VC investments at respectively above book value. After the
compensation of the managing general partner German AI Group Management GmbH
has already been significantly reduced since the beginning of the year, this
has now also been achieved for the remuneration of the Supervisory Board.
With retroactive effect from 1 January 2014, the Supervisory Board waives
half of its statutory remuneration until further notice. In addition, the
company will put a reduction in the size of the Supervisory Board to three
members to a vote at its Annual General Meeting.

About SGT German Private Equity

SGT German Private Equity is a listed investment holding based in Frankfurt
am Main.

From mid-March 2024, the company focuses entirely on artificial intelligence
and change its name to 'German AI Group'.

From its origin as a leading German venture capital provider under the
former name German Startups Group, SGT German Private Equity holds a
heritage portfolio of minority stakes in some promising German Tech
Startups.

Investor Relations Contact
Rosenberg Strategic Communications
Dirk Schmitt
d.schmitt@rosenbergsc.com
+49 170 302 8833


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   Language:       English
   Company:        SGT German Private Equity GmbH & Co. KGaA
                   Senckenberganlage 21
                   60325 Frankfurt/Main
                   Germany
   Phone:          069-348690520
   Fax:            069-348690529
   E-mail:         info@sgt-germanpe.com
   Internet:       www.sgt-germanpe.com
   ISIN:           DE000A1MMEV4
   WKN:            A1MMEV
   Indices:        Scale 30
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Tradegate Exchange
   EQS News ID:    1920775

End of News EQS News Service
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1920775 07.06.2024 CET/CEST