Branicks Group AG Creditors Approve Restructuring and Maturity Extension

Branicks Group AG's creditors have approved a restructuring plan with 99% support, extending the maturity of 375 million euros in debt to September 30, 2030, and 220 million euros to September 30, 2028. This restructuring is a key step towards the company's financial stabilization, expected to be implemented by the end of 2026 or by March 31, 2027. The company also announced the termination of consulting agreements with firms linked to supervisory board members Dr. Matthias Danne and Dr. Johannes Conradi.