Deutsche Beteiligungs AG (XTRA:DBAN) commences share repurchases on May 17, 2024, under the program mandated by the shareholders in the Extraordinary General Meeting held on January 26, 2023. As per the mandate, the company is authorized to repurchase up to 10% of the share capital existing at the time of the resolution or, if this value is lower, of the company's share capital existing at the time the authorization is exercised. The purchase price per share shall not be more than 10% higher or lower than the arithmetic mean of the prices of the company?s shares in the closing auction in the XETRA trading system (or a corresponding successor system) on the Frankfurt Stock Exchange during the last three trading days prior to the record date, whereby the record date is the day on which the obligation to purchase is entered. The repurchased shares may be sold; or used as (partial) consideration in connection with the acquisition of companies or interests in companies or parts of companies or in connection with business combinations; or used to float shares of the company on foreign stock exchanges on which they were previously not admitted to trading; or used to fulfill claims resulting from virtual stock option plans by current or former members of the Management Board and employees of the company, and/or by current or former managing directors, members of the management board or similar, and employees of any company affiliated with the company. The authority shall expire on August 31, 2026. As of January 27, 2023, the company has no treasury shares.

On May 8, 2024, the company announces a share repurchase program. Under the program, the company will repurchase up to 850,000 shares, for ?25 million. The repurchases will commence on May 17, 2024, and the program will be valid till February 28, 2025.