PNE AG: Release according to Article 40, Section 1 of the WpHG (the German
Securities Trading Act) with the objective of Europe-wide distribution

EQS Voting Rights Announcement: PNE AG
PNE AG: Release according to Article 40, Section 1 of the WpHG (the German
Securities Trading Act) with the objective of Europe-wide distribution

14.05.2024 / 10:43 CET/CEST
Dissemination of a Voting Rights Announcement 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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Notification of Major Holdings

1. Details of issuer

     Name:                             PNE AG
     Street:                           Peter-Henlein-Straße 2-4
     Postal code:                      27472
     City:                             Cuxhaven
                                       Germany
     Legal Entity Identifier (LEI):    391200KEHI6OQSGGN373

2. Reason for notification

   X    Acquisition/disposal of shares with voting rights
        Acquisition/disposal of instruments
        Change of breakdown of voting rights
   X    Other reason:
        voluntary group notification with triggered threshold on subsidiary
        level

3. Details of person subject to the notification obligation

     Legal entity: JPMorgan Chase & Co.
     City of registered office, country: Wilmington, Delaware, United
     States of America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

J.P. Morgan Securities plc

5. Date on which threshold was crossed or reached:

09 May 2024

6. Total positions

               % of voting  % of voting rights   Total of  Total number of
           rights attached             through  both in %    voting rights
                 to shares  instruments (total    (7.a. +      pursuant to
           (total of 7.a.)   of 7.b.1 + 7.b.2)      7.b.)     Sec. 41 WpHG
  New               4.30 %              0.96 %     5.26 %         76603334
  Previo-           4.12 %              1.18 %     5.31 %                /
  us
  notifi-
  cation

7. Details on total positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)

    ISIN            Absolute                       In %
                  Direct (Sec.  Indirect (Sec.  Direct (Sec.  Indirect
                      33 WpHG)        34 WpHG)      33 WpHG)  (Sec. 34
                                                                 WpHG)
    DE000A0JBPG2             0         3292404        0.00 %    4.30 %
    Total           3292404                       4.30 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

    Type of instrument  Expiration or  Exercise or    Voting  Voting
                        maturity date  conversion     rights  rights
                                       period       absolute    in %
    Internal right to   n/a            n/a            221787  0.29 %
    recall shares lent
    out
                                       Total          221787  0.29 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

    Type of    Expiration    Exercise or   Cash or       Voting  Voting
    instrume-  or maturity   conversion    physical      rights  rights
    nt         date          period        settlement  absolute    in %
    Equity     15/05/2024 -  15/05/2024 -  Cash          513183  0.67 %
    Swap       10/02/2031    10/02/2031
                                           Total         513183  0.67 %

8. Information in relation to the person subject to the notification
obligation

        Person subject to the notification obligation is not controlled nor
        does it control any other undertaking(s) that directly or
        indirectly hold(s) an interest in the (underlying) issuer (1.).
   X    Full chain of controlled undertakings starting with the ultimate
        controlling natural person or legal entity:

  Name               % of voting       % of voting rights  Total of both
                   rights (if at  through instruments (if   (if at least
                     least 3% or     at least 5% or more)    5% or more)
                           more)
  JPMorgan Chase               %                        %              %
  & Co.
  JPMorgan Chase               %                        %              %
  Bank, National
  Association
  J.P. Morgan                  %                        %              %
  International
  Finance Limited
  J.P Morgan                   %                        %              %
  Capital
  Holdings
  Limited
  J.P. Morgan             4.01 %                        %              %
  Securities plc
  -                            %                        %              %
  JPMorgan Chase               %                        %              %
  & Co.
  JPMorgan Chase               %                        %              %
  Holdings LLC
  J.P. Morgan                  %                        %              %
  Broker-Dealer
  Holdings Inc.
  J.P. Morgan                  %                        %              %
  Securities LLC

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34
para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding total positions after general meeting (6.) after annual general
meeting:

     Proportion of voting    Proportion of    Total of
                   rights      instruments        both
                        %                %           %

10. Other explanatory remarks:



Date

13 May 2024


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14.05.2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

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   Language:    English
   Company:     PNE AG
                Peter-Henlein-Straße 2-4
                27472 Cuxhaven
                Germany
   Internet:    http://www.pne-ag.com

End of News EQS News Service
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1902703 14.05.2024 CET/CEST