aconnic AG (formerly UET AG) completes name change and moves its
headquarters to Munich

EQS-News: aconnic AG / Key word(s): Strategic Company Decision/Miscellaneous
aconnic AG (formerly UET AG) completes name change and moves its
headquarters to Munich

02.05.2024 / 12:27 CET/CEST
The issuer is solely responsible for the content of this announcement.

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* aconnic AG registered in company registration as a legally valid company

* Headquarters are relocated from Eschborn to Munich

* Entire company group will be renamed in the second quarter of 2024

aconnic AG (ISIN: DE000A0LBKW6), based in Munich, is implementing the
resolutions of the annual general meeting and is now operating under the new
name. The new company headquarters is Munich.

Following the annual general meeting's resolutions of UET AG on February 29,
2024 in Frankfurt am Main to rename into aconnic AG, the formal and legal
steps have now been completed. The changes are legally registered in the
relevant commercial register.

As already announced in November 2023, the group will operate in future
under the aconnic brand. With operationally integration the company will
exploit synergies in the market and with customers.

In the next step, the group's companies will also be renamed in the next
weeks. In the future, all companies in the group will have aconnic in their
company name.

For the further development of aconnic AG, the new Munich location will be
expanded with market development and technology including research and
development. It was decided at the annual general meeting at the end of
February to relocate the company's headquarters from Eschborn near Frankfurt
am Main to Munich. The change of headquarters is also registered and
therefore legally effective. The existing locations of the companies
belonging to the aconnic group in Germany in Hartmannsdorf near Chemnitz,
Dresden and Kornwestheim near Stuttgart and all international locations will
remain in place and will be continued.

About aconnic AG (formerly UET AG)

aconnic AG is an international technology supplier and network equipment
provider based in Munich. aconnic AG enables the construction and operation
of high-performance gigabit networks with key focus on network security,
energy efficiency and sustainability as well as technologies and products
for customers to achieve climate neutrality through carbon capturing and
bioenergy. Systems and services are used by customers such as Deutsche
Telekom, Orange, Telecom Italia, A1 Telekom Austria, and América Móvil. The
aconnic AG is the only international system supplier for critical
communication infrastructure with European research, development,
production, and supply chain, as well as its headquarters in Germany,
contributing to the strategic and technological autonomy of Europe. The
group has been listed on the German stock exchange since 2006. Its revenues
grew by around 45% to around 73 million euros in 2023.

Contact

aconnic AG
D-80992 Munich, Riesstraße 16
Sebastian Schubert, Investor Relations
Phone: +49 89 3 8998 7770
Email: investor@aconnic.com


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02.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        aconnic AG
                   Frankfurter Straße 80-82
                   65760 Eschborn
                   Germany
   Phone:          +49 (0)89 3 8998 7770
   E-mail:         investor@aconnic.com
   Internet:       www.aconnic.com
   ISIN:           DE000A0LBKW6
   WKN:            A0LBKW
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Basic Board), Stuttgart
   EQS News ID:    1894411

End of News EQS News Service
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1894411 02.05.2024 CET/CEST