SLM Solutions Group AG: Publication pursuant to Section 50 (1) sentence 1 no. 1 a) of the German Securities Trading Act (WpHG)

Lübeck, Germany (pta034/24.05.2022/15:45 UTC+2)

SLM Solutions Group AG

Luebeck, Germany

ISIN DE000A289N86 (Convertible Bond 2020/2026)

ISIN DE000A111338 (Share)

Publication pursuant to Section 50 (1) sentence 1 no. 1 a) of the
German Securities Trading Act (Wertpapierhandelsgesetz – WpHG)

Announcement of a resolution of the holders of the EUR 15,000,000 2.00% Convertible Bonds 2020/2026 (ISIN DE000A289N86, the "Convertible Bond 2020/2026") issued by SLM Solutions Group AG (the "Issuer")

Luebeck, 24 May 2022. In a vote without meeting held in the period from Friday, 20 May 2022, 0:00 hours (CEST), to Monday, 23 May 2022, 24:00 hours (CEST), the holders of the Convertible Bond 2020/2026 (the "Bondholders") have, in accordance with the resolution proposal made by the Issuer, waived, pursuant to § 3(c)(v) of the terms and conditions of the Convertible Bond 2020/2026 (the "Terms and Conditions"), the conditions precedent for the issuance of a further (third) tranche of convertible bonds with substantially identical terms and an aggregate principal amount of at least EUR 30,213,000, which will be convertible into no-par value bearer shares (Stückaktien) of the Issuer ("Tranche III Bonds"). Therefore, pursuant to § 3(c) of the Terms and Conditions, the Issuer is obliged to offer the Tranche III Bonds in due course for subscription (exclusively) to the Bondholders, i.e. the holders of the Convertible Bond 2020/2026.

In detail, the Bondholders have adopted the following resolution:

"The Bondholders hereby declare pursuant to § 3(c)(v) of the Terms and Conditions of the Convertible Bond 2020/2026 the waiver of the conditions precedent for the issuance of Tranche III Bonds by SLM Solutions Group AG."

SLM Solutions Group AG

– The Management Board –

(end)

Emitter:	SLM Solutions Group AG Estlandring 4 23560 Lübeck Germany
Contact Person:	Jacob Sreekumaran
Phone:	+49 451 4060 3122
E-Mail:	ir@slm-solutions.com
Website:	www.slm-solutions.com
ISIN(s):	DE000A111338 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate