Adjustment in anchor shareholding

Metall Zug AG / Key word(s): Miscellaneous
Adjustment in anchor shareholding

17-May-2024 / 06:26 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.

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Ad hoc announcement pursuant to Art. 53 Listing Rules of SIX Swiss Exchange

Zug, May 17, 2024 - Heinz M. Buhofer, former Chairman of the Board of
Directors and major shareholder of Metall Zug AG, takes a majority stake in
Buhofer Trust I by means of an intrafamily share swap. 56.7% of the voting
rights in Metall Zug AG are transferred to this trust. This secures the
anchor shareholding in Metall Zug AG for the long term.

Metall Zug was founded in 1887 by the co-founder Julius Weber-Locher, and
his descendants in the fourth, fifth and sixth generations currently hold a
total of around 90% of the voting rights in Metall Zug AG. Thereof, the
Buhofer family has so far bundled 67.6% of the voting rights primarily in
the «Buhofer Trust I» to ensure the uniform exercise of voting rights.

Heinz M. Buhofer, Chairman of the Board of Directors of Metall Zug AG from
2013 to 2019 and the majority shareholder with around 31% of the voting
rights, takes a majority stake in the Buhofer Trust. For this purpose, he is
swapping within the family shares outside of the trust for shares committed
to the trust. The individual participation quotas of the family members in
Metall Zug remain unchanged, while Heinz M. Buhofer obtains the majority
within the trust and can therefore determine its uniform exercise of voting
rights. The voting rights to 1,250,000 type A registered shares,
representing 56.7% of the voting rights, are transferred to the Buhofer
Trust.

«With this step, which was agreed within the family and aligned with the
company, the anchor shareholding of Metall Zug AG remains secured in the
long term in the sense of responsibility for the companies concerned, their
customers, employees and shareholders», states Heinz M. Buhofer. Metall Zug
AG regards this step as a clear commitment to the company and to Switzerland
as an industrial location.

About the Metall Zug Group
Metall Zug is a group of industrial companies headquartered in Zug. The
Group has around 2,200 employees and comprises four Business Units:

* Infection Control (Belimed Group)

* Medical Devices (Haag-Streit Group)

  * Technologycluster & Infrastructure (Tech Cluster Zug AG, Urban Assets
    Zug AG)

* Others (Belimed Life Science Group, Gehrig Group AG and Metall Zug)

The holding company Metall Zug AG is listed in the Swiss Reporting Standard
of SIX Swiss Exchange in Zurich (type B registered shares: securities number
3982108, ticker symbol METN).

Legal Notes
The expectations expressed in this announcement are based on assumptions.
Actual results may vary from those anticipated. This announcement is
published in German and English. The German version is binding. Metall Zug
AG processes personal data in accordance with its privacy statement
available under: https://www.metallzug.ch/en/datenschutzerklaerung.

     Key dates
     August 19, 2024            Publication of Half-year Report 2024

     Further information
     Urs Scherrer               Bettine Killmer
     Chief Financial Officer    Head of Corporate Communications & IR
     Phone: +41 58 768 60 50    Phone: +41 58 767 60 50

or: investorrelations@metallzug.ch

This announcement is available at
https://www.metallzug.ch/en/medien/medienmitteilungen


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End of Inside Information

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1905375 17-May-2024 CET/CEST