ANNOUNCEMENT OF VOTE WITHOUT MEETING

THIS DOCUMENT CONTAINS IMPORTANT INFORMATION AND REQUIRES IMMEDIATE
ATTENTION.

NOT FOR DISTRIBUTION IN OR INTO OR TO ANY JURISDICTION WHERE IT IS UNLAWFUL TO PUBLISH OR DISTRIBUTE THIS DOCUMENT.

PAUL Tech AG
Mannheim, Germany
(the "Issuer“)

announces a vote without 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

(the "Notes“)

Mannheim, 14. October 2025

The Issuer announces a vote without meeting (Abstimmung ohne Versammlung) relating to the Notes to adopt certain amendments of the terms and conditions of the Notes (the "Terms and Conditions").

The vote without a meeting (the "Voting") aims to adjust the maturity date and the interest provisions under the Notes (the "Amendments").

This announcement highlights important information addressed in further detail in the Invitation to Vote without Meeting for the Notes (Aufforderung zur Stimmabgabe) contained in the Invitation to Vote dated 13 October2025 (the "Invitation to Vote") which is expected to be published in the Federal Gazette (Bundesanzeiger) in the course of today. Holders of the Notes (each a "Holder") are advised to carefully read the Invitation to Vote in its entirety. The Invitation to Vote will also be available on the Issuer's website at https://ir.paul.tech/en/anleihe/.

Unless stated otherwise, capitalised terms used, but not defined, herein will have the same meanings as assigned to them in the Invitation to Vote.

 

DISCLAIMER

This announcement must be read in conjunction with the Invitation to Vote. This announcement and the Invitation to Vote contain important information which should be read carefully before any decision is made with respect to the proposed Amendments. 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.