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S&T AG: STATEMENT OF THE EXECUTIVE BOARD ON PARTIAL OFFER OF GROSSO TEC AG DATED 03/21/2022

Linz (pta020/24.03.2022/10:30 UTC+1)

S&T AG: STATEMENT OF THE EXECUTIVE BOARD ON PARTIAL OFFER OF GROSSO TEC AG DATED 03/21/2022

Linz, March 24, 2022: The Executive Board of S&T AG (http://www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) decided today, without the participation of DI Hannes Niederhauser, to issue a voluntary statement on the voluntary public partial offer of grosso tec AG, Landshut, Germany. The statement of the Executive Board on the partial offer, as well as the partial offer itself and information on all related publications are available on the company's website in the Investor Relations section at www.ir.snt.at or https://downloads.snt.at/grosso-tec respectively.

ABOUT S&T AG

S&T AG (http://www.snt.at, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT) is a leading technology group with more than 6,000 employees and subsidiaries in 32 countries around the world. The company is listed on the TecDAX® and SDAX® of the German Stock Exchange and is one of the leading providers of IoT (Internet of Things) technologies. In these sectors, S&T focuses on the development of secure and networked solutions with a combined portfolio of hardware, software, and services. With its own technologies in the fields of smart factory, railway communication systems, medical technology, communication solutions, and smart energy, as well as a broad portfolio of IT services, S&T can help customers undertake their digital transformation journeys in a wide range of industries.

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Emitter: S&T AG
Industriezeile 35
4021 Linz
Austria
Contact Person: Nicole Nagy, Investor Relations
Phone: +43 (1) 801911196
E-Mail: nicole.nagy@snt.at
Website: www.snt.at
ISIN(s): AT0000A0E9W5 (Share)
Stock Exchange(s): Regulated Market in Frankfurt
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