Disclosure according to sec. 85 German Securities Trading Act and Art. 20 MAR for company Einhell Germany AG:

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
23.08.2024	Buy	82.00 EUR	56.10 EUR	Thilo Kleibauer
22.08.2024	Buy	80.33 EUR	57.00 EUR	Thilo Kleibauer
06.08.2024	Buy	80.33 EUR	55.67 EUR	Thilo Kleibauer
25.04.2024	Buy	241.00 EUR	52.00 EUR	Thilo Kleibauer