Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company GFT Technologies SE:

Companies affiliated with Warburg Research manage financial instruments, which are, or the issuers of which are, subject of the research recommendation, in a market based on the provision of buy or sell contracts.

The company compiling the analysis or an affiliated company had reached an agreement on the compilation of the research recommendation with the analysed company.

Markings in the chart show rating changes by Warburg Research GmbH in the last 12 months. Every marking details the date and closing price on the day of the rating change.

Date	Recommendation	Target Price	Close Price	Analyst
05.11.2024	Buy	37.50 EUR	19.92 EUR	Andreas Wolf
12.08.2024	Buy	40.00 EUR	21.10 EUR	Andreas Wolf
29.01.2024	Buy	47.00 EUR	30.66 EUR	Andreas Wolf