Planethic Group AG: Self-Administration Proceedings Opened, Funding Secured by CEO/Founder, Transformation Completion Planned for Year-End

Ludwigsfelde (pta008/09.09.2026/07:30 UTC+2)

• CEO Sascha Voigt and founder Jan Bredack secure funding for business operations and proceedings
• Potsdam Local Court opens insolvency proceedings under self-administration; Prof. Dr Torsten Martini (GÖRG) appointed as administrator
• Creditors' committee appointed by the court
• Restructuring plan confirmed; transformation into a pure investment holding company largely completed
• Objective: Completion of the proceedings and transformation by year-end 2026.

Ludwigsfelde, September 9, 2026 - Planethic Group AG (formerly Veganz Group AG) ("Company" or "Planethic") (ISIN: DE000A3E5ED2 / symbol: VEZ), an innovative FoodTech investment holding company is consistently pursuing the restructuring and transformation programme initiated at the end of 2025 as part of the self-administered proceedings that have been opened. Funding for business operations and the proceedings is secured. Following its ad-hoc announcements of 27 and 28 August 2026, the Company provides the following update on the status of the proceedings and the next steps.

Funding secured

Mr Sascha Voigt, CEO, and Mr Jan Bredack, founder and member of the Supervisory Board, are providing the Company with the funds required to finance its day-to-day operations and the proceedings. This ensures that business operations can continue throughout the proceedings.

Self-administration commenced

By order of 25 August 2026 (Ref. 650 IN 179/26), the Potsdam Local Court opened insolvency proceedings in respect of the Company's assets and ordered self-administration in accordance with sections 270 et seq. of the Insolvency Code (InsO). The Management Board therefore remains authorised to administer and dispose of the insolvency estate; in doing so, it is subject to the supervision of the administrator. Business operations will continue. The order for self-administration is subject to there being no known circumstances that would give rise to expectations of detriment to creditors. The Management Board regards the decision as confirmation of the Company's prospects for continued operation.

In the self-administration proceedings, the Company is being advised by the law firm Rödl from Cologne through Mr Raik Müller.

Prof. Dr Torsten Martini of GÖRG Insolvenzverwaltung Partnerschaft von Rechtsanwälten mbB, Berlin, has been appointed as the administrator. The court has also appointed a creditors' committee to oversee the proceedings and the implementation of the restructuring measures.

Restructuring strategy confirmed

The restructuring strategy launched at the end of 2025 will continue unchanged. The Company has drastically reduced its staff costs and consistently eliminated fixed costs. The transformation from an operationally managed food company to a pure investment holding company is largely complete. At the same time, the financing and further development of the portfolio companies are ongoing.

The going-concern solution to be developed as part of the process builds on these steps that have already been implemented. The Executive Board anticipates that the Company's cost base will thus be permanently reduced to the level of a holding company structure.

Change to the Executive Board

As announced in the ad-hoc announcement of 28 August 2026, the Supervisory Board has revoked the appointment of Ms Anja Brachmüller as a member of the Executive Board for good cause in accordance with Section 84(4) of the German Stock Corporation Act (AktG) with immediate effect and has terminated her Executive Board employment contract extraordinarily without notice. The Executive Board thus consists of Mr Sascha Voigt as its sole member and CEO. There are no plans to appoint a successor. In consideration of the personal rights of those involved and potential legal disputes, the Company will not provide any further details regarding the reasons.

Location

As part of its cost-cutting measures, the Company has transferred part of its premises in Ludwigsfelde to a new tenant. The business address remains unchanged.

Outlook

The Executive Board aims to bring the insolvency proceedings to a close by the end of 2026 and to complete the transformation by that time. The timetable is subject to the creditors' approval and court confirmation. The Company will provide separate updates on the further course of the proceedings, in particular the deadline for filing claims with the insolvency register and the date of the reporting and audit meeting.

Sascha Voigt, CEO of Planethic Group, said: "With the substantial implementation of our transformation and the significant reduction of our cost base, we have created the key structural foundations for our future positioning as an investment holding company. Our focus is now fully on the development of our investments, first and foremost Mililk® and Peas on Earth. The purchase price payment from the OrbiFarm® investment is a key component of our financing. By personally securing the ongoing financing, Jan Bredack and I are underscoring our clear commitment to the restructuring and transformation path we have embarked on. Our goal is to complete the proceedings by year-end 2026."

About Planethic Group AG (formerly Veganz Group AG)

Founded in Berlin in 2011, Planethic Group AG is a holding company in the food-tech sector focused on high-margin, scalable business models and international expansion. Its operational portfolio includes the development and marketing of innovative plant-based foods. This includes a wide range of confectionery, snacks, and dairy and meat alternatives, which are sold in the D-A-CH region and North America. In addition, Planethic is active in the fields of dietary supplements and indoor farming and holds an investment in the technology assets sector.

Contact Planethic:

Sascha Voigt
CEO
Telephone: +49 (0) 30 2936378 0
Email: IR@planethic.de
Website: www.planethic.de

(end)

Emitter:	Planethic Group AG An den Kiefern 7 14974 Ludwigsfelde Germany
Contact Person:	Sascha Voigt
Phone:	+49 (0)30 2936378 0
E-Mail:	IR@planethic.de
Website:	www.planethic.de
ISIN(s):	DE000A254NF5 (Bond) DE000A3E5ED2 (Share)
Stock Exchange(s):	Free Market in Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate BSX