PAUL Tech AG announces a reimbursement of expenses

for participating in the
Vote without a Meeting

relating to its
EUR 35,000,000 7.00 per cent. notes 2020/2025
(ISIN DE000A3H2TU8 and German Securities Code (WKN) A3H2TU) issued by the Issuer

Mannheim, 22 October 2025

Reference is made to the invitation to vote dated 13 October 2025 (the "Invitation to vote") by PAUL Tech AG (the "Issuer") relating to its EUR 35,000,000 7.00 per cent. notes 2020/2025 (the "Notes"). Terms used but not defined in this announcement have the same meaning as in the Invitation to Vote.

As further described in the Invitation to Vote, the Issuer invites the holders of the Notes (the "Holders") to vote without a meeting (Abstimmung ohne Versammlung) on, and solicits their consent in respect of, the proposed amendments to the terms and conditions of the Notes (the "Voting").

To participate in the Voting, Holders have to submit by 30 October 2025, 23:59 (Frankfurt am Main time) (the "Registration Deadline"), inter alia, a Special Proof and a Blocking Confirmation to the Scrutineer, as further described in the Invitation to Vote.

The Issuer hereby announces that it will pay to each Holder who participates in the Voting and casts a valid vote during the Voting Period (approval, rejection, or abstention) a lump-sum reimbursement of expenses of EUR 20.00 (the “Reimbursement”) upon request.

The Reimbursement can be claimed using a form available on the Issuer's website. The Reimbursement will be paid per submitted Special Proof and Blocking Notice, i.e., once per blocked securities position of a Holder.

The Reimbursement will be paid after the end of the Voting Period, regardless of whether the necessary quorum was reached in the Voting and the Issuer's proposed amendment was accepted.

The issuer reserves the right to refrain from paying the Reimbursement in individual cases if, in the opinion of the Issuer or its legal advisors, this would be unlawful.

Availability of further Information

Lewisfield Deutschland GmbH will act as Solicitation Agent for the Invitation to Vote. Questions regarding the Invitation to Vote and the Reimbursement may be directed to:

Lewisfield Deutschland GmbH
Danziger Straße 64
10435 Berlin
Deutschland

E-Mail: info@lewisfield.de
Attention: Marc Speidel

The address and contact details of the Issuer are as follows:

PAUL Tech AG
Theodor-Heuss-Anlage 12
68165 Mannheim
Deutschland
E-Mail: ir@paul.tech

DISCLAIMER

This announcement must be read in conjunction with the Invitation to Vote. The Invitation to Vote should be consulted for additional information regarding the voting procedures. To receive copies of the Invitation to Vote or for questions relating to the Invitation to Vote, please use the contact information set out above. If any Holder is in any doubt as to the action it should take or is unsure of the impact of the implementation of the proposed Amendment, it should seek its own financial and legal advice, including as to any tax consequences, from its professional advisers. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Voting. Neither the Issuer, nor the Solicitation Agent nor the Scrutineer (or their respective directors, officers, employees, affiliates or agents) makes any recommendation as to whether Holders should vote on or consent to the proposed Amendment. The distribution of this announcement and the Invitation to Vote in certain jurisdictions is restricted by law. Persons into whose possession this announcement or the Invitation to Vote come are required by the Issuer, the Solicitation Agent and the Scrutineer to inform themselves about, and to observe, any such restrictions.