ORDINARY ANNUAL GENERAL MEETING OF GRENKE AG APPROVES ALL AGENDA ITEMS

EQS-News: GRENKE AG / Key word(s): AGM/EGM
ORDINARY ANNUAL GENERAL MEETING OF GRENKE AG APPROVES ALL AGENDA ITEMS

30.04.2024 / 17:50 CET/CEST
The issuer is solely responsible for the content of this announcement.

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

ORDINARY ANNUAL GENERAL MEETING OF GRENKE AG APPROVES ALL AGENDA ITEMS

* Moritz Grenke elected as Deputy Chair of the Supervisory Board

Baden-Baden, April 30, 2024: GRENKE AG, a global financing partner for small
and medium-sized enterprises, today held its 24th Annual General Meeting.
The shareholders of GRENKE AG resolved a dividend distribution of EUR 0.47
per share (2023: EUR 0.45) and approved all other agenda items by a large
majority.

Dr Sebastian Hirsch, CEO of GRENKE AG, highlighted the successes of the 2023
financial year in his speech: 'Despite the persistent geopolitical and
macroeconomic challenges, we've achieved the turnaround! We succeeded in
generating EUR 2.6 billion in new business last year. With this impressive
increase of over 12 percent, we are building on the long-term growth
momentum established in recent decades, placing us on track for further
sustainable growth in earnings and enterprise value.'

He additionally addressed the 2030 strategy: 'We want to develop the leasing
market substantially. Our aim is not just to gain market share. We want to
convince SME decision-makers that leasing is part of the solution to making
the urgently needed investments in the global upcoming digital and
ecological transformation and to see this as an opportunity and turn it into
a competitive advantage.'

In addition to the discharge of the Board of Directors and Supervisory
Board, the agenda also included the election of two Supervisory Board
members. Dr Ljiljana Mitic was re-elected as a member of the Supervisory
Board for a five-year term until the end of the 2029 Annual General Meeting.
Manfred Piontke was elected to the Supervisory Board for a three-year term.

BDO AG Wirtschaftsprüfungsgesellschaft, Hamburg, was appointed as the
auditor and the auditor of the sustainability reporting for the current
financial year. The level of attendance at the time of voting was 72.42%
(2023: 78.39%). The voting results for all of the agenda items are available
online under the heading
https://www.grenke.com/en/investor-relations/general-meeting/. More than 250
shareholders attended the event at Kongresshaus Baden-Baden.

At its meeting today, the Supervisory Board, elected Moritz Grenke as Deputy
Chair of the Supervisory Board following this year's Annual General Meeting.
Further details on the curricula vitae of all Supervisory Board members and
the composition of the committees can be viewed and accessed on the
company's website at
https://www.grenke.com/en/management/supervisory-board/.

   FOR MORE INFORMATION, PLEASE CONTACT:
   Investor contact Investor Relations Team Neuer Markt 2         Press
   76532 Baden-Baden +49 7221 5007-204 investor@grenke.de         contact
                                                                  Stefan
                                                                  Wichmann
                                                                  Neuer
                                                                  Markt 2
                                                                  76532
                                                                  Baden-Ba-
                                                                  den +49
                                                                  171
                                                                  2020300
                                                                  presse@g
                                                                  renke.de
   ABOUT GRENKE The GRENKE Group (GRENKE) is a global
   financing partner for small and medium-sized companies. As
   a one-stop shop for customers, GRENKE's products range from
   flexible small-ticket leasing and demand-driven bank
   products to convenient factoring. Fast and easy processing
   and personal contact with customers and partners are at the
   centre of GRENKE's activities. Founded in 1978 in
   Baden-Baden, the Group operates in more than 30 countries
   and employs approximately 2,100 staff (measured in terms of
   full-time equivalents) worldwide. GRENKE shares are listed
   on the Frankfurt Stock Exchange (ISIN DE000A161N30).

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

30.04.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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

   Language:       English
   Company:        GRENKE AG
                   Neuer Markt 2
                   76532 Baden-Baden
                   Germany
   Phone:          +49 (0)7221 50 07-204
   Fax:            +49 (0)7221 50 07-4218
   E-mail:         investor@grenke.de
   Internet:       www.grenke.de
   ISIN:           DE000A161N30
   WKN:            A161N3
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1893413

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

1893413 30.04.2024 CET/CEST