Philomaxcap AG: successful capital increase in kind and cash capital increase - Share capital increases to over EUR 110 million

Complete acquisition of promising investment in the field of hydrogen technology

München (pta017/17.03.2025/10:55 UTC+1)

Philomaxcap AG successfully carries out capital increase in kind and cash capital increase

• Complete acquisition of promising investment in the field of hydrogen technology
• Share capital increases to over EUR 110 million

Munich, March 17, 2025 - Philomaxcap AG (ISIN: DE000A1A6WB2 / WKN: A1A6WB) has successfully completed the capital increase against contributions in kind and cash in the amount of up to EUR 96,889,693.00 resolved by the Annual General Meeting on November 14, 2024. A total of 93,326,847 new shares were subscribed and acquired at an issue price of EUR 1.00 per share.

Of these, 93,036,431 new shares were subscribed in return for the transfer of all shares in GenH2 Corp. ("GenH2") totaling EUR 93,036,431.00 to the company by way of a contribution in kind. As a result of the contribution of 100% of the shares in GenH2, the company now has a promising investment that is active in the commercial application of hydrogen. GenH2 develops and produces technical solutions for the decentralized liquefaction, storage and transfer of liquid hydrogen. The cryogenic solutions reduce the losses of 20 to 40 percent that occur in conventional processes when storing and transporting hydrogen to almost zero. At the same time, liquefaction significantly reduces the volume and the risks associated with compressed hydrogen. The experienced GenH2 team consists of former NASA researchers and engineers who have contributed their many years of expertise in the development of hydrogen solutions for energy storage and transportation. In addition, GenH2 has a product portfolio of standardized cryogenic systems for specific applications based on a number of patents.

With the entry of the implementation of the capital increase in the commercial register, which is expected by the end of March 2025, the share capital of Philomaxcap AG will increase by EUR 93,326,847.00 from EUR 17,007,234.00 to EUR 110,334,081.00, divided into 110,334,081 shares.

The addition of new shareholders from GenH2's existing shareholder base and the parallel cash capital increase with subscription rights for existing shareholders and the subsequent private placement, in which members of the Supervisory Board and the Management Board also participated, will increase the free float, defined as shareholders holding less than 3% of the total share capital, from the current 1.88% to 9.69%

The new shares will be delivered after the registration of the implementation of both the capital increase against contributions in kind and the cash capital increase in the commercial register. The new shares will be securitized in global certificates under the interim ISIN DE000A40UTL6 / WKN A40UTL. Following approval of the securities listing prospectus, which is still to be submitted, the new shares are to be included in the current listing of the old shares with the ordinary ISIN DE000A1A6WB2 / WKN A1A6WB on the regulated market of the Frankfurt Stock Exchange, probably in June 2025.

End of the press release

About Philomaxcap AG (www.philomaxcap.de)

Philomaxcap AG, founded in 1999 and based in Munich, is a managing holding company that provides services for existing and yet-to-be-acquired investments. In 2024, the company acquired a minority stake in AmeriMark Group AG, a Swiss holding company. In 2025, the capital increase by contribution will result in the full acquisition of GenH2, a US company specializing in the liquefaction, loss-free transport and storage of hydrogen along the value chain (www.genh2hydrogen.com).

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Emitter:	Philomaxcap AG Marienplatz 2 80331 München Germany
Contact Person:	Achim Pfeffer
Phone:	+49 89 2155 2804
E-Mail:	info@philomaxcap.de
Website:	www.philomaxcap.de
ISIN(s):	DE000A1A6WB2 (Share) DE000A254V53 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt; Free Market in Dusseldorf, Stuttgart