NFON AG: Forthcoming merger of Deutsche Telefon Standard GmbH with NFON AG
in accordance with section 62(4) sentence 4, (3) sentence 2 of the
Umwandlungsgesetz

EQS-News: NFON AG / Key word(s): Miscellaneous
NFON AG: Forthcoming merger of Deutsche Telefon Standard GmbH with NFON AG
in accordance with section 62(4) sentence 4, (3) sentence 2 of the
Umwandlungsgesetz

25.04.2024 / 16:12 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Company Announcement

by

NFON AG

on the forthcoming merger of Deutsche Telefon Standard GmbH with NFON AG in
accordance with section 62(4) sentence 4, (3) sentence 2 of the
Umwandlungsgesetz (UmwG - German Transformation Act)

on 25 April 2024

By way of merger by absorption, NFON AG intends to acquire the assets of
Deutsche Telefon Standard GmbH, its wholly owned subsidiary based in Mainz,
as a whole without it being wound up, section 2 no. 1, sections 60 et seq.,
section 68(1) sentence 1 no. 1 in conjunction with sections 46 et seq. UmwG.

As NFON AG, as the acquiring company, holds the entire ordinary share
capital of Deutsche Telefon Standard GmbH, in accordance with section 62(1)
UmwG, neither a resolution by the Annual General Meeting of NFON AG on the
approval of the merger agreement nor, in accordance with section 62(4) UmwG,
a shareholder meeting of Deutsche Telefon Standard GmbH on the approval of
the merger agreement, are required.

For the same reason, a merger report, a merger audit and a merger audit
report are not necessary, section 8(3) no. 1 (a) in conjunction with section
9(2) and section 12(3) UmwG.

However, shareholders of NFON AG whose combined shareholdings amount to one
twentieth of the share capital of NFON AG can request that a general meeting
be convened, at which the approval of the intended merger will be resolved
(section 62(2) sentence 1, (3) sentence 3 UmwG). A request to convene a
general meeting must be sent to NFON AG (the Management Board) in writing
within a month of the publication date of this disclosure. The Articles of
Association of NFON AG do not contain any stipulations to the contrary.

The draft of the merger agreement and the annual financial statements and
management reports of NFON AG for the past three financial years will be
available on NFON AG's website for one month from 25April 2024.

Munich, 25 April 2024

NFON AG

The Management Board


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25.04.2024 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.

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   Language:       English
   Company:        NFON AG
                   Zielstattstr. 36
                   81379 Munich
                   Germany
   Phone:          +49 89 453 00 0
   E-mail:         ir-info@nfon.com
   Internet:       https://corporate.nfon.com
   ISIN:           DE000A0N4N52
   WKN:            A0N4N5
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1889577

End of News EQS News Service
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1889577 25.04.2024 CET/CEST