For years, Fabasoft AG has been pursuing a strategy of sustainable corporate development geared to long-term value creation for the benefit of its stakeholders. As a company listed in Germany and headquartered in Austria, Fabasoft AG is not obliged to comply with a Corporate Governance Code.

At the proposal of the Managing Board, the Supervisory Board of Fabasoft AG has resolved that Fabasoft AG will in future voluntarily comply with the German Corporate Governance Code in the (current) version dated 28 April 2022 (published in the Federal Gazette on 27 June 2022) to the extent of the published Declaration of Conformity.

The contents of the German Corporate Governance Code for the management and supervision of listed companies and the internationally and nationally recognized standards of sustainable, transparent and responsible corporate governance set out therein are consistent with Fabasoft's corporate governance principles.

The Declaration of Conformity is published on the Company's website at

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About Fabasoft:

Fabasoft is one of the leading software product companies and cloud service providers for digital document, process and records management in Europe. With the unique, powerful Fabasoft PROCECO ecosystem, Fabasoft unites selected, coordinated, high-quality digital solutions for document-intensive business processes. Numerous well-known private enterprises and public-sector organisations have trusted in the quality and experience of Fabasoft for over three decades.

Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code FAAS.DE)

Linz, 14 March 2023

Klaus Fahrnberger, Investor Relations Manager

E-mail: , Telephone: 2