Ad-hoc Release by the Greiffenberger AG (WKN 589 730 / ISIN DE0005897300)

Greiffenberger AG achieves important intermediate step in securing financing

Marktredwitz and Augsburg, November 25, 2015 - On the basis of current business development Greiffenberger AG has informed its financing partners that it will probably not be able to meet the financial ratios at
December 31, 2015, that were agreed in its syndicated loan agreement, and that for the remaining term through to March 2017 it will probably be necessary to suspend the principal repayments due on the basis of the syndicated loan agreement as well as the existing participation rights.

It was agreed with the financing partners, subject to usual committee approvals, that the banks will refrain from exercising rights arising from a possible infringement of financial ratios at December 31, 2015, and that if required principal repayments due on syndicated loan and participation rights will be suspended, initially until
March 31, 2016. As a next step a comprehensive plan for improving the earnings and liquidity situation of the Greiffenberger Group is now being prepared. Using this plan as the basis the financing of the Group is to then be adjusted in line with requirements in spring 2016.

distributed by