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Annual General Meeting to be held virtually again in 2021; scrip dividend for shareholders

Baader Bank will once again hold its Annual General Meeting virtually this year. Due to the continuing COVID-19 pandemic and our wish to protect all those involved, shareholders and shareholders' representatives will not be physically present at the event. The virtual shareholders' meeting will be held on the basis of the legal concessions* that were introduced last year.^{These concessions will now apply up to and including 31 December 2021.}

As in the previous year, voting rights may only be exercised by postal vote or by granting power of attorney to the company's proxy. A video of the entire Annual General Meeting will be made available on the homepage of the Baader Bank website at 10.00 am on 1 July 2021 via a password-protected Internet service. Shareholders who wish to participate in the virtual shareholders' meeting must have registered by no later than the stipulated deadline. The codes required to access the meeting will be sent with confirmation of registration. Shareholders can submit questions using an electronic system.

The latest information about the invitation, the agenda and the procedure for the virtual Annual General Meeting is available to shareholders and other interested parties on the company's homepage under "Annual General Meeting" in the Investor Relations section.

Dividend proposal for 2021

The Board of Directors and the Supervisory Board of Baader Bank will suggest to the Annual General Meeting on 1 July 2021 that a dividend of EUR 0.25 per share entitled to dividend should be distributed.

The dividend is to be paid in cash (cash dividend) or in the form of shares of Baader Bank (scrip dividend) at the shareholders' discretion. The shares offered are Baader Bank's own shares and new Baader Bank shares from a subscription rights capital increase. In the context of the scrip dividend, a new authorized capital is also listed as an agenda item for the 2021 shareholders' meeting.

The prospectus-exemption document, which provides information about the number and type of shares and details of the offer, is available on the Baader Bank website in the section detailed above. There is also a fact sheet available (including a FAQs section) that answers potential questions relating to the share dividend. The Baader Bank annual report is also available on the corporate website from today.

*Act Concerning Measures under the Law of Companies, Cooperative Societies, Associations, Foundations and Commonhold Property to Combat the Effects of the COVID-19 Pandemic (Art. 2 Act to Mitigate the Consequences of the COVID-19 Pandemic under Civil, Insolvency and Criminal Procedure Law, Federal Law Gazette I 2020, p. 569).

This document is not an offer of securities for sale in the United States. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended, or an exemption from registration. The subscription rights and Shares referred to in this document have not been and will not be registered under the Securities Act and will not be offered or sold in the United States.

For further information and media enquiries:

Florian E. Schopf
Managing Director
Company Spokesperson
Head of Group Strategy & Communication

Tel. 3
Mobile

Baader Bank AG
Weihenstephaner Strasse 4
85716 Unterschleissheim, Germany