The information contained on the following web pages is intended exclusively for persons who are domiciled and habitually resident in Germany, Austria, or Luxembourg. The information does not constitute an offer to sell or a solicitation of an offer to buy or subscribe for securities in any other country.

No public offering of securities will take place outside Germany, Austria, or Luxembourg, nor is one planned. The public offering in Germany, Austria, or Luxembourg is made exclusively on the basis of a securities prospectus approved by the Luxembourg Financial Market Authority (Commission de Surveillance du Secteur Financier – “CSSF”) and notified to the German Federal Financial Supervisory Authority (“BaFin”) as well as the Austrian Financial Market Authority (“FMA”) in accordance with Article 19 of the Luxembourg Law on Securities Prospectuses.

Securities of PNE AG may not be offered in the United States of America (“USA”) or to, for the account of, or for the benefit of U.S. persons (as defined in Regulation S of the U.S. Securities Act of 1933, as currently amended (the “Securities Act”)), only after prior registration in accordance with the provisions of the Securities Act or, without registration, only pursuant to an exemption from the registration requirement. PNE AG does not intend to register the offering or any part thereof in the U.S. or to conduct a public offering of securities in the U.S.

The information contained on the following web pages is not intended for distribution to or within the U.S., Canada, Australia, Japan, or other jurisdictions where such an offering or solicitation is not permitted. Any violation of this restriction may constitute a violation of securities laws or other legal regulations in these countries. Copying, forwarding, or otherwise transmitting the information contained on the following web pages is not permitted.

Additional Restrictions Due to Sanctions Law (Russia/Belarus)

The information contained on the following web pages, any offer, and related investment or securities services may not be offered, distributed, published, or otherwise made available, either directly or indirectly, in the Russian Federation or the Republic of Belarus.

They are not directed at natural or legal persons,

• who have their domicile, habitual residence, or registered office in the Russian Federation or the Republic of Belarus,
• who are listed under sanctions laws applicable to Germany, Austria, and Luxembourg, or who are directly or indirectly held or controlled by listed persons, or
• who act on behalf of or for the account of such persons.

Any disclosure of the information, as well as any subscription, purchase, sale, or other transaction in connection with the securities mentioned herein that violates applicable sanctions law (including, but not limited to, the sanctions law of the European Union and its implementation in Germany, Austria, and Luxembourg) is prohibited. The Issuer and its affiliates reserve the right to reject or cancel subscriptions/transactions if they could violate applicable sanctions or export control laws or if required compliance checks cannot be completed.

Nothing in this information shall be construed as creating any obligation to provide services, make payments, or effect deliveries to any person to the extent that such obligations would conflict with applicable sanctions or export control laws.

By entering the following information and clicking the “Continue” button, you confirm that you have read this notice regarding the information on the following web pages in its entirety, that your domicile and habitual residence are in Germany, Austria, or Luxembourg, and that you will not transmit or forward the information contained on this website to persons whose domicile and habitual residence are not in these countries. You further confirm that you are not a sanctioned person, are not resident in the Russian Federation or the Republic of Belarus, are not acting on behalf of or for the account of such a person, and will not transmit the information to the Russian Federation or the Republic of Belarus or make it accessible there.