EQS-Adhoc: Wolftank Group acquires majority stake in Petroltecnica

EQS-Ad-hoc: Wolftank-Adisa Holding AG / Key word(s): Takeover/Expansion
Wolftank Group acquires majority stake in Petroltecnica

12-Sep-2023 / 15:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted
by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Ad hoc release
                                                                                                            
Innsbruck, 12 September 2023

Public disclosure of inside information according to article 17 MAR

Wolftank Group acquires majority stake in Petroltecnica

Wolftank Group (Wolftank-Adisa Holding AG, ISIN: AT0000A25NJ6), specialized in technologies for energy and
environmental solutions, acquires an additional 40 percent and one share of the stakes and thus the majority
in the Italian environmental services provider Petroltecnica SpA. Today the Supervisory Board and the
Management Board approved the decision on the takeover. The closing is expected to take place in the coming
weeks. Since July 2020, the Group had held ten percent of the company along with an option to acquire a
simple majority of the company's capital and had the right to nominate the Chairman of the Supervisory Board
as well as one member of the Management Board. Now Wolftank Group exercised this option to acquire the
majority due to the positive development of the market and of Petroltecnica since 2020 as well as the
expected positive contribution to the future business success of the Group. The purchase price of the
additional stake amounts to approximately EUR 4 million.

With this acquisition, Wolftank Group advances to one of the largest remediation and environmental
management providers in Italy. Petroltecnica, specializing in remediation in the industrial sectors of oil
and gas, chemicals and manufacturing, is a leading company in the environmental sector and also operates
several recycling plants in different Italian regions. The company, headquartered in the province of Rimini,
generated sales of EUR 28.9 million in 2022. The acquisition of the majority stake will allow important
operational and strategic synergies.

About Wolftank Group
Wolftank Group is a leading technology partner for energy and environmental solutions operating worldwide.
In the field of energy mobility and logistics, the Group supports customers in more than 20 countries to
implement projects in an efficient and environmentally friendly way. For this, it develops and implements
tomorrow's technologies to decarbonize transport and build the infrastructure for zero-emission mobility -
such as turnkey delivery of modular hydrogen and LNG refueling facilities. In the area of environmental
solutions, the offering includes due diligences for environmental risks, customized services for soil and
groundwater remediation, as well as recycling. The group's subsidiaries in eight countries on three
continents are managed by Wolftank-Adisa Holding AG, based in Innsbruck, Austria. The share of
Wolftank-Adisa Holding AG (WKN: A2PBHR; ISIN: AT0000A25NJ6) is listed in the direct market plus segment of
the Vienna Stock Exchange AG and in the m:access of the Munich Stock Exchange and is traded on Xetra, the
Frankfurt and Berlin Stock Exchanges. Further information: [1]www.wolftankgroup.com

Contact:
Dr. Peter Werth, CEO
Wolftank-Adisa Holding AG
phone: +43 (512) 345726
email: [2]investor-relations@wolftankgroup.com

Disclaimer:
This communication contains forward-looking statements based on current knowledge, expectations, and
projections of Wolftank-Adisa Holding AG's management about the future. All statements are subject to
potentially uncertain assumptions and risks that could cause actual results to differ materially from those
expressed or implied by such statements. Such statements can be identified using words such as "expect",
"plan", "anticipate", "target", "estimate", "assume" or similar. Consequently, statements relating to the
future are only valid at the time they are made. The Company does not assume any obligation to adjust,
correct or monitor statements made in this communication in the future.

End of Inside Information

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12-Sep-2023 CET/CEST News transmitted by EQS Group AG. www.eqs.com

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   Language:    English
   Company:     Wolftank-Adisa Holding AG
                Grabenweg 58
                6020 Innsbruck
                Austria
   Phone:       +43 512 345726
   E-mail:      investor-relations@wolftankgroup.com
   Internet:    www.wolftankgroup.com
   ISIN:        AT0000A25NJ6
   WKN:         A2PBHR
   Listed:      Vienna Stock Exchange (Vienna MTF)
   EQS News ID: 1724357

   Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
   XETRA

    
   End of Announcement EQS News Service


   1724357  12-Sep-2023 CET/CEST

References

   Visible links
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   2. mailto:investor-relations@wolftankgroup.com

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