Singulus Technologies Aktiengesellschaft: SINGULUS TECHNOLOGIES - Status of Negotiations for new Financing Commitment

Kahl am Main (pta021/13.12.2023/17:35 UTC+1)

Publication of inside information pursuant to Article 17 MAR

SINGULUS TECHNOLOGIES - Status of Negotiations for new Financing Commitment

Kahl am Main, December 13, 2023 - In the run-up to tomorrow's Annual General Meeting the company informs about the status of negotiations with a Chinese commercial bank regarding the granting of a new working capital credit line in the amount of € 10.0 million. The line is to be mainly guaranteed by the major shareholder of SINGULUS TECHNOLOGIES, the Triumph Science and Technology Group Co Ltd, China (CNBM/Triumph). The bank's final loan commitment is currently still outstanding. The company currently assumes that the loan commitment can be issued in the short term because the guarantee has already been provided by CNBM/Triumph.

If this new financing agreement is successfully concluded, the company would be sufficiently financed to continue its business as planned. If the planned new financing does not materialize, this could jeopardize the continued existence of the company.

SINGULUS TECHNOLOGIES AG, Hanauer Landstraße 103,

D-63796 Kahl/Main, WKN A2AA5H / ISIN DE000A2AA5H5

Contact:

Maren Schuster, Investor Relations, Tel.: + 49 (0) 160 9609 0279

Bernhard Krause, Unternehmenssprecher, Tel.: +49 (0) 172 833 2224

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Emitter:	Singulus Technologies Aktiengesellschaft Hanauer Landstraße 103 63796 Kahl am Main Germany
Contact Person:	Bernhard Krause
Phone:	+49 172 833 2224
E-Mail:	bernhard.krause@singulus.de
Website:	www.singulus.de
ISIN(s):	DE000A1681X5 (Share) DE000A2AA5H5 (Bond)
Stock Exchange(s):	Regulated Market in Berlin, Frankfurt; Free Market in Dusseldorf, Hamburg, Hannover, Munich, Stuttgart, Tradegate