Announcement by the Management Board of the Frankfurt Stock Exchange according to Sect. 50a para. 3 of the German Stock Exchange Act

Announcement by the Management Board of the Frankfurt Stock Exchange according to Sect. 50a para. 3 of the German Stock Exchange Act

1. On November 12, 2025Adler Group S.A. took action against the decision dated October5, 2025 of the Disciplinary Committee of Frankfurt Stock Exchange. 

On October 5, 2025 the Disciplinary Committee of Frankfurt Stock Exchange had imposed an administrative fine on Adler Group S.A. due to a violation of Sect. 51 para. 1,2 BörsO FWB. The decision is not yet final and conclusive.

2. On February17, 2025 Adler Group S.A. took action against the decision dated December 16, 2024 of the Disciplinary Committee of Frankfurt Stock Exchange.

On December 16, 2024 the Disciplinary Committee of Frankfurt Stock Exchange had imposed an administrative fine on Adler Group S.A. due to a violation of Sect. 51 para. 1,2 BörsO FWB. The decision is not yet final and conclusive

Date: December 3, 2025