Shareholder Structure

Our shares are traded in the form of bearer shares on the Open Market (Freiverkehr) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse) in the Scale segment. This means that the provisions of the German Securities Trading Act (Wertpapierhandelsgesetz, WpHG) and the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, WpÜG) do not apply. This results in a lower degree of transparency of shareholdings, because only a shareholding exceeding 25% of the shares must be disclosed. In this respect, we have no detailed knowledge of our shareholder structure. As far as we know, however, our founder and CEO Jan Bredack is still the largest single shareholder with a shareholding of around 19% and has committed to a lock-up period of 36 months from the first trading day of the Veganz share, 10 November 2021, as part of the IPO.