EQS-Adhoc: Salzgitter Aktiengesellschaft: Mögliches freiwilliges öffentliches Übernahmeangebot an die Aktionäre der Salzgitter AG (deutsch) from

EQS-Ad-hoc: Salzgitter AG: Possible voluntary takeover bid to the shareholders of Salzgitter AG (German)

Salzgitter – July 19, 2023

Salzgitter AG (ETR:SZG) (“Salzgitter AG”) makes reference to the ad-hoc announcement of today’s date on the intention to submit a voluntary takeover bid for all of the shares in Salzgitter AG. The company has today mandated J.P. Morgan AG as financial advisor. Concurrently, Salzgitter AG has initiated a comprehensive strategic review with the aim of strengthening the Group’s financial strength, and therefore its competitiveness. The Executive Board of the company is currently evaluating all strategic options. The company will provide information on its conclusion in due course.

About Salzgitter AG

Salzgitter AG is a globally active technology group with around 25,000 employees. The Group’s core businesses are the manufacture and sale of flat steel products, tubes and sections as well as the provision of engineering and technology services. This ad hoc announcement contains forward-looking statements. These statements are based on the current expectations, estimates and projections of Salzgitter AG and information currently available to it. Many factors could cause the actual results, performance or achievements of Salzgitter AG to be materially different from those expressed or implied by these forward-looking statements. These factors include those discussed in Salzgitter AG’s public reports which are available on the Salzgitter AG website (www.salzgitter-ag.de) under Investor Relations > Financial Reports. The company does not assume any obligation to update the forward-looking statements contained in this announcement or to conform them to future events or developments.