Publication of inside information pursuant to Art. 17 MAR of Regulation (EU) No. 596/2014

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Increased guidance until 2023 with target of EUR 5 billion for Group revenues and possible uplisting to the regulated market (Prime Standard)

- Increased guidance until 2023 with target of EUR 5 billion for Group revenues

- Mutares sees itself in a unique market environment and is exploring options to further accelerate growth, including a capital increase combined with an uplisting to the regulated market (Prime Standard)

Munich, 7 September 2021 - The management board of the general partner ("Management Board") of Mutares SE & Co. KGaA (ISIN: DE000A2NB650) ("Mutares" and, together with its consolidated subsidiaries, "Group") has decided today to significantly increase the previous guidance for the revenues of the Group. Based on a high transaction activity in financial year 2021 with already twelve completed and signed acquisitions, the Management Board expects a significant increase in Group revenues to at least EUR 2.4 billion in financial year 2021, representing growth of more than 50% compared to the figure of financial year 2020 of approximately EUR 1.6 billion. The expected revenue growth will be driven by all segments.

This guidance is subject to certain imponderables in connection with the further development of the COVID-19 pandemic and, as a result, in particular the supply situation for raw materials and precursors. Given limited capacities, the high demand results in the possibility that the supply situation within the supply chains could tighten further in the second half of the year. Although Mutares has taken precautionary measures in the portfolio companies, there is a risk of supply bottlenecks for individual portfolio companies in the event of a further tightening. The Management Board continues to expect that a dividend at least at the level of the market expectation is also ensured for the financial year 2021, in particular through successful exits.

In view of the opportunities arising, the Management Board is also increasing the medium-term Group revenue target for the financial year 2023 from the previous EUR 3 billion to at least EUR 5 billion. The stated aim is to achieve a net income of Mutares at Holding level of 1.8 % - 2.2 % of Group revenues in the medium to long term.

The Management Board also sees the current market situation as a unique opportunity to further accelerate the successful growth path. The pace of transaction activities set in recent months is therefore to be increased further and new markets such as BeNeLux or Poland are to be developed more quickly. Therefore, the Management Board is currently also examining various options for financing further strategic growth, including a capital increase with subscription rights combined with an uplisting to the regulated market of the Frankfurt Stock Exchange (Prime Standard). Mutares will make final decisions at a later date, depending on the market and other conditions.

Mutares will also publish its financial figures for the first half of 2021 today.

Important Notice

This announcement is an ad hoc announcement pursuant to Art. 17 of the Regulation (EU) No 596/2014 on market abuse (market abuse regulation (MAR)). It does not constitute financial analysis or advice or recommendation relating to financial instruments, nor is this announcement an offer to buy or a solicitation of an offer to buy securities in the United States of America ("United States"), Australia, Canada, Japan or any other jurisdiction in which an offer is restricted by law.

The securities of Mutares referred to in this announcement have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States absent registration under the Securities Act or an exemption from registration under the Securities Act. Subject to certain exemptions, the securities referred to in this announcement may not be sold or offered for sale in Australia, Canada or Japan, or to or for the account or benefit of Australian, Canadian or Japanese residents. There will be no registration of the securities referred to in this announcement under the Securities Act or any applicable laws in Australia, Canada or Japan. There will be no public offering of the securities in the United States.

Certain statements in this ad hoc announcement are forward-looking statements. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial consequences of the plans and events described herein. No one undertakes any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. You should not place undue reliance on forward-looking statements, which speak only as of the date of this ad hoc announcement.

For more information:

Mutares SE & Co. KGaA
Investor Relations
Tel. +49 89 9292 7760
Email: [email protected]
www.mutares.com

Press
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Tel. +49 89 1250 90330
Email: [email protected]
www.crossalliance.de