EQS-News: Wolftank Group reaches settlement for litigation in Italy

EQS-News: Wolftank Group AG / Key word(s): Legal Matter
   Wolftank Group reaches settlement for litigation in Italy

   06.08.2026 / 09:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Wolftank Group reaches settlement for litigation in Italy

   The Italian subsidiary of Wolftank Group AG (ISIN: AT0000A25NJ6), Wolftank
   DGM Srl, has reached an out-of-court settlement regarding an event that
   occurred in 2020. The settlement concerns the decision by the Tribunale di
   Bologna in first instance in August 2025, which totaled approximately EUR
   4.5 million. Of this amount, approx. EUR 3.4 million was attributable to
   the loss of profit claimed by the customer, and EUR 1.1 million to costs
   related to post-event activities, the latter fully covered by insurance.

   Disagreeing with the fist-instance decision, Wolftank DGM filed an appeal
   with the Corte d’Appello di Bologna. At the same time, Wolftank DGM
   decided to settle the claim relating to the alleged loss of profit on
   balanced terms, thereby avoiding the uncertainty, time, and cost of
   continued litigation. The settlement resolves the dispute between the
   parties. Its terms are subject to a confidentiality agreement and do not
   constitute an admission of liability regarding the facts at issue in the
   lawsuit.

   The amount payable by Wolftank DGM was already provisioned in the
   financial statements as of 31 December 2025 and is therefore fully
   covered. The agreement has no further negative impact on earnings, and the
   agreed payments are fully reflected in Wolftank Group's liquidity
   planning. „We negotiated and resolved this matter in the long-term
   interests of Wolftank Group. With the settlement now achieved, we are
   creating clarity and avoiding the risks and costs of a long-standing legal
   dispute. The agreed amount had already been fully provisioned, so our
   financial planning remains unchanged,” says Simon Reckla, CEO of Wolftank
   Group.
    

   About Wolftank Group
   Wolftank Group is a leading provider of environmental technologies in the
   green-tech sector. Its core business includes due diligence services for
   environmental risks, customized solutions for soil and groundwater
   remediation, recycling and recovery processes, and low-emission
   technologies. The Group’s subsidiaries in seven countries across three
   continents are managed by Wolftank Group AG, headquartered in Innsbruck.
   Wolftank Group AG shares (WKN: A2PBHR; ISIN: AT0000A25NJ6) are listed in
   the direct market plus segment of the Vienna Stock Exchange and in the
   m:access segment of the Munich Stock Exchange, and are traded on Xetra as
   well as on the Frankfurt and Berlin stock exchanges. Further information:
   [1]www.wolftankgroup.com

   Contact:
   Wolftank Group AG
   phone: +43 512 345726
   Email: [2][email protected]

   Disclaimer:
   This communication contains forward-looking statements based on current
   knowledge, expectations, and projections of Wolftank Group 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.

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   06.08.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

   View original content: [4]EQS News

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   Language:    English
   Company:     Wolftank Group AG
                Leopoldstraße 2
                6020 Innsbruck
                Austria
   Phone:       +43 512 345726
   E-mail:      [email protected]
   Internet:    www.wolftankgroup.com
   ISIN:        AT0000A25NJ6
   WKN:         A2PBHR
   Listed:      Vienna Stock Exchange (Vienna MTF)
   LEI Code:    5299001G2MZ6VQ2K4Z89
   EQS News ID: 2378070

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

    
   End of News EQS News Service


   2378070  06.08.2026 CET/CEST

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