Announcement of the decision to make a public offer

NON-BINDING ENGLISH TRANSLATION

Announcement of the decision to make a public offer

Bidder:

SCUR-Alpha 1996 GmbH (in future: German Wealth Technology GmbH)

c/o German Brokerage & Technology GmbH

Kaninchenborn 31,
23560 Luebeck
Germany

registered in the commercial register of the local court of Munich, Germany, under HRB 309810

Target:

Netfonds AG

Heidenkampsweg 73,
20097 Hamburg
Germany

Registered in the commercial register of the local court of Hamburg, Germany, under HRB 120801

ISIN DE000A1MME74 / WKN A1MME7

On 9 March 2026, SCUR-Alpha 1996 GmbH (in future: German Wealth Technology GmbH) ("Bidder"), a holding company which is controlled by funds managed by Warburg Pincus LLC (together "Warburg Pincus"), decided to make public offer (cash offer) to the shareholders of Netfonds AG ("Netfonds") for the acquisition of all no-par value registered shares of Netfonds (ISIN DE000A1MME74), each share representing a proportional amount of EUR 1.00 of the share capital of Netfonds ("Netfonds Shares") against payment of a cash consideration of EUR 78.25 per Netfonds share ("Offer").

The settlement of the offer will be subject to customary conditions such as regulatory clearances. The offer will not be subject to a minimum acceptance threshold. In addition, the offer will be made in accordance with the terms and conditions published in the offer document.

As of today, Warburg Pincus has already irrevocably secured a total stake of approx. 53 % in Netfonds.

The offer document for the Offer (in German and a non-binding English translation) containing the detailed terms and conditions of, and other information relating to, the Offer, respectively, will be published on the Internet at https://www.nukleus-offer.com.

Important note

This publication is neither an offer to purchase nor a solicitation of an offer to sell shares or other securities of Netfonds AG. The offer itself as well as its terms and conditions and further information relating to the offer, will only be published in the offer document. Investors and holders of shares in Netfonds AG are strongly advised to thoroughly read the offer document and all other relevant documents regarding the offer upon their availability since they will contain important information.

As the shares of Netfonds AG are not admitted to trading on an organized market within the meaning of Sections 1 para. 1 and 2 para. 7 of the German Securities Acquisition and Takeover Act ("WpÜG"), the WpÜG and the Regulation on the Content of the Offer Document, the Consideration to be granted in Takeover Offers and Mandatory Takeover Offers and the Exemption from the Obligation to Publish and Launch an Offer do not apply to the offer. The offer document will not be reviewed or approved by the German Federal Financial Supervisory Authority (BaFin) or any other regulatory or supervisory authority in Germany, and no registration, admission or approval of the offer document is intended in other jurisdictions either.

The offer will be made in accordance with the laws of the Federal Republic of Germany and certain applicable provisions of the securities laws of the United States of America. Any agreement that is entered into as a result of accepting the offer will be exclusively governed by the laws of the Federal Republic of Germany and is to be interpreted in accordance with such laws.

Munich, 9 March 2026

SCUR-Alpha 1996 GmbH (future: German Wealth Technology GmbH)