ASTA ENERGY SOLUTIONS AG ANNOUNCES PRICE RANGE AND OFFER STRUCTURE FOR PLANNED IPO

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ASTA ENERGY SOLUTIONS AG ANNOUNCES PRICE RANGE AND OFFER STRUCTURE FOR PLANNED IPO

• Offering price range set between EUR 27.50 to EUR 29.50 per share
• Fixed primary offering of c. EUR 125 million gross proceeds and additional secondary offering by Company’s existing shareholders for a total expected deal size of up to c. EUR 190 million (incl. Greenshoe option)
• Offer period commences on 26^th January 2026 and is expected to end on or around 29^th January 2026
• First day of trading on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange is expected to be on or around 30^th January 2026
• The gross primary proceeds of c. EUR 125 million are to be used to accelerate the Company’s international growth and business expansion through capacity increase, vertical supply chain integration, enhanced financial flexibility and a stronger balance sheet
• Siemens Energy, funds managed by the Environmental Strategies Group at BNP Paribas Asset Management, Invesco Asset Management Limited, on behalf of certain collective investment funds and/or accounts, and funds or custody accounts managed by WCM Investment Management, LLC [1] have pre-committed, based on guaranteed allocations, an aggregate amount of c. EUR 55 million as Cornerstone Investors in the Offering

Oed (Austria), 26^th January 2026 – ASTA Energy Solutions AG (the “Company” or “ASTA”), a global, vertically integrated producer of high-quality copper-based solutions, which are embedded in the heart of modern energy systems, powering mid- to high-voltage transformers, industrial generators, and the expanding network of data centers, has set the price range for its planned initial public offering (the “Offering”) at EUR 27.50 to EUR 29.50 per share. The final offer price will be determined by way of a bookbuilding process. The Offering comprises (a) up to c. 4.55 million new shares from a capital increase (“New Shares”), (b) up to c. 1.37 million secondary shares from the holdings of ETV Montana Tech Holding GmbH and Makra GmbH (the “Secondary Shares”), and (c) up to c. 0.86 million existing shares from the holdings of ETV Montana Tech Holding GmbH to cover any over-allotments (together with the New Shares and Secondary Shares, the “Offer Shares”). The Company will aim to achieve total gross primary proceeds from the sale of New Shares of c. EUR 125 million. The total number of existing shares to be sold by ETV Montana Tech Holding GmbH (c. 41% pre-Offering shareholding) and Makra GmbH (c. 59% pre-Offering shareholding), both entities controlled by DDr. Michael Tojner, will be adjusted to ensure that the entities will jointly remain the majority shareholders following the Offering with a combined stake of above 50%, assuming full exercise of the Greenshoe option. The lock-up period will be 12 months for the Company, the existing shareholders and the members of the management and supervisory board. Depending on the final offer price, the total placement volume is expected to be between c. EUR 182 million and c. EUR 190 million, assuming full exercise of the over-allotment option and under consideration of the chosen price range. Free float after the Offering is expected to be up to c. 39%, subject to placement of all Offer Shares [2].

ASTA aims to outperform growth in its addressable markets, which are characterized by structurally rising demand driven by the energy transition globally. The Company intends to achieve this by leveraging its strong technological capabilities, vertically integrated value chain and global production footprint. To support this strategy, ASTA plans to invest in total approximately EUR 90-120 million over the mid-term, which should be financed through a combination of Offering proceeds and operating cash flow. Gross proceeds of c. EUR 125 million from the issuance of new shares would be primarily used to further accelerate the Company's profitable growth path worldwide. ASTA intends to use the net proceeds to:

• Increase capacity at all of its existing facilities in all regions to meet strongly increased demand levels from OEM customers, and complete the ramp-up of its site in Cazin, Bosnia and Herzegovina, to support the European market (approx. 40%);
• Make full use of and extend the existing recycling and casting platform in Brazil, complemented by the construction of a second recycling and casting platform in Europe, to further enhance the Company’s supply chain resilience and improve its environmental footprint (approx. 20%);
• Strengthen the capital structure to enhance financial flexibility, improve the leverage metrics and secure more favorable financing terms, particularly with suppliers (approx. 20%); and
• Reduce leverage across the ASTA Group through the repayment of loans extended by Montana Aerospace Austria GmbH and Montana Aerospace AG to improve debt metrics and enhance its capacity to self-finance future growth initiatives (approx. 20%).

In the context of the planned Offering, Siemens Energy, as part of strengthening its long-standing relationship with the Company, has pre-committed to purchase shares in the Offering at the final offer price for an amount of c. EUR 25 million. Furthermore, three international institutional investors, namely (i) funds managed by the Environmental Strategies Group at BNP Paribas Asset Management, (ii) Invesco Asset Management Limited, on behalf of certain collective investment funds and/or accounts, and (iii) WCM Investment Management, LLC, directly or indirectly through a wholly-owned subsidiary, through funds managed by WCM Investment Management, LLC, or through custody accounts for clients managed by WCM Investment Management, LLC, have each pre-committed, severally and not jointly, to purchase shares in the Offering at the final offer price for an amount of c. EUR 10 million as cornerstone investors (together with Siemens Energy, the “Cornerstone Investors”). In total, the Cornerstone Investors have pre-committed for an aggregate amount of c. EUR 55 million, in exchange for guaranteed allocations.

The prospectus (the “Prospectus”), which has been approved by the Austrian Financial Market Authority (Österreichische Finanzmarktaufsichtsbehörde (FMA)) and notified to the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)), has been published in the Investors portal of the Company’s website www.astagroup.com. [3] The Offering consists of a public offering in Austria and Germany and international private placements, including a U.S. private placement to Qualified Institutional Buyers as defined in Rule 144A under the US Securities Act of 1933.

The period during which investors may submit purchase orders commences on 26^th January 2026 and is expected to expire on or around 29^th January 2026. Retail investors (natural persons) may submit purchase orders for the public offering in Germany during the Offer Period through the syndicate banks and their affiliated entities. Retail investors in Austria are advised to contact their respective custodian bank to arrange for placing an order.

Trading of the Company's shares on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange is expected to commence on or around 30^th January 2026 under the trading symbol “1AST” and the ISIN AT100ASTA001.

In connection with the Offering, Berenberg is acting as sole global coordinator and, together with COMMERZBANK (in cooperation with ODDO BHF) and Raiffeisen Bank International, acting as joint bookrunners and underwriters. In addition, Baader Bank is acting as co-lead manager without an underwriting role.

^{[1]WCM Investment Management, LLC, directly or indirectly through a wholly-owned subsidiary, through funds managed by WCM Investment Management, LLC, or through custody accounts for clients managed by WCM Investment Management, LLC.}

^[2] Siemens Energy stake through pre-committed purchase of shares worth c. EUR 25 million excluded for the purpose of free float calculation.

^[3] Due to a formatting error in two instances, the financial pages (“F-pages”) of the approved Prospectus do not correctly display the consolidated financial statements for the financial years 2022-2024 (IFRS) of the Company. To correct this, the Company will file today with the FMA a formal supplement to the Prospectus (“Supplement”), through which the display of the consolidated financial statements for the financial years 2022-2024 in the financial pages of the Prospectus will be slightly corrected and amended. The Company will publish such Supplement following approval by the FMA immediately in the Investors portal of the Company’s website www.astagroup.com.
 

PRESS CONTACT:
Mag. Jürgen Beilein
Phone: +43 664 831 2 841
Email: juergen.beilein@astagroup.com

INVESTOR RELATIONS CONTACT:
Phone: +43 664 8080 5500
Email: ir@astagroup.com

ABOUT ASTA GROUP

Since its foundation in 1814, the ASTA Group, headquartered in Oed, Austria, has evolved into a globally operating company. ASTA manufactures tailor-made copper solutions for high-performance power transmission, generation, and e-mobility applications. With more than 210 years of manufacturing experience, ASTA is a trusted partner to market-leading industrial engineering companies such as Siemens Energy, Hitachi Energy, GE Vernova and Andritz. ASTA operates six sites across Austria, Bosnia and Herzegovina, Brazil (two sites), China and India, and employs approximately 1,400 people.

DISCLAIMER

This announcement is an advertisement for the purposes of regulation EU 2017/1129, as amended (the “Prospectus Regulation”). It does not constitute an offer to purchase any shares in ASTA Energy Solutions AG (“ASTA”). This announcement does not constitute a prospectus. Further details about the Offering and the Admission are included in the Prospectus published by the Company. The Prospectus has been approved by the Austrian Financial Market Authority (Österreichische Finanzmarktaufsichtsbehörde, the “FMA”), and, together with the German translation of the summary, has been published and made available, free of charge, through the website of the Company (www.astagroup.com), subject to securities law restrictions in certain jurisdictions. For purposes of the Offering and the Admission, the FMA has notified its approval in accordance with the Prospectus Regulation to the German Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht). The approval of the Prospectus by the FMA should not be understood as an endorsement of the investment in any shares in the Company. Investors should subscribe for or purchase shares solely on the basis of the Prospectus (including any supplements thereto) and should read the Prospectus (including any supplements thereto) before making an investment decision in order to fully understand the potential risks and rewards associated with the decision to invest in the shares. Investment in shares entails numerous risks, including a total loss of the initial investment, which will be described in the first chapter “Risk Factors” of the Prospectus.

This announcement does not contain or constitute an offer of, or the solicitation of an offer to buy or subscribe for, securities to any person in the United States, Australia, Canada, Japan or in any jurisdiction to whom or in which such offer or solicitation is unlawful.

Neither this announcement nor the publication in which it is contained is for publication or distribution, directly or indirectly, in whole or in part, in or into the United States of America, including its territories and possessions, any state of the United States and the District of Columbia (the “United States”). The information in this announcement does not contain or constitute an offer to acquire, subscribe or otherwise trade in shares in ASTA in any jurisdiction. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction of the United States, and may not be offered, subscribed, used, pledged, sold, resold, allotted, delivered or otherwise transferred, directly or indirectly, in or into the United States absent such registration, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements under the Securities Act, in each case in compliance with any applicable securities laws of any state or other jurisdiction of the United States. There will be no public offer of the securities in the United States.

Subject to certain exceptions under applicable law, the securities referred to herein may not be offered or sold in Australia, Canada or Japan or to, or for the account or benefit of, any national, resident or citizen of Australia, Canada or Japan. There will be no public offer of the securities in Australia, Canada or Japan.

The Company has not authorized any offer to the public of its shares requiring publication of a prospectus in any member state of the European Economic Area other than Germany and Austria. With respect to any member state of the European Economic Area other than Germany and Austria (each, a “Relevant State”), no action has been undertaken or will be undertaken to make an offer to the public of shares in the Company requiring publication of a prospectus in any Relevant State. As a result, the shares in the Company may, once the Prospectus has been published, only be offered in Relevant States to (i) any person or legal entity which is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation; or (ii) in any other circumstances falling within Article 1(4) of the Prospectus Regulation. In member states of the European Economic Area (other than Germany and Austria), this announcement is only addressed to and directed at persons who are “qualified investors” within the meaning of Article 2(e) of the Prospectus Regulation.

In the United Kingdom, this announcement is only addressed to and directed at persons who are “qualified investors” as defined under paragraph 15 of Schedule 1 of the Public Offers and Admissions to Trading Regulations 2024 and who (i) have professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the “Order”), or (ii) are high net worth entities falling within Article 49(2)(a) to (d) of the Order or (iii) are persons to whom this announcement may otherwise be lawfully communicated (all such persons being referred to as “relevant persons”). In the United Kingdom, this announcement is directed only at relevant persons. Any person who is not a relevant person should not act or rely on this announcement or any of its contents. Any investment or investment activity to which this announcement relates is available only to relevant persons and will be engaged in only with relevant persons and it should not be relied on by anyone other than a relevant person.

This announcement does not contain all information required to evaluate the Company and/or its group and financial position and, in particular, is subject to amendment, revision, verification, correction, completion and updating in its entirety. None of (i) the Company; (ii) ETV Montana Tech Holding GmbH or Makra GmbH (together, the “Selling Shareholders”); (iii) Joh. Berenberg, Gossler & Co. KG, COMMERZBANK Aktiengesellschaft, Raiffeisen Bank International AG, and Baader Bank AG (together, the “Banks” and together with the Company and Selling Shareholders, the “Persons”); or (v) any of the respective directors, officers, personally liable partners, employees, agents, affiliates, shareholders or advisers of such Persons may notify you of changes nor is under an obligation to update or keep current this announcement or to provide the recipient thereof with access to any additional information that may arise in connection with it, save for the making of such disclosures as are required by mandatory provisions of law. This announcement does not constitute investment, legal, accounting, regulatory, taxation or other advice.

No person is authorized to give any information or to make any representation not contained in and not consistent with the announcement and, if given or made, such information or representation must not be relied upon as having been authorized by or on behalf of ASTA or any Person.

Certain information contained in this announcement on the market environment, market developments, market and economic growth rates, market trends and competition in the markets in which ASTA operates is based on the Company’s assessments and estimates. These assessments and estimates are, in turn, based in part on internal market observations and on various third-party studies or estimates that are also primarily based on data or figures from publicly available sources, but which may also be based on non-public data or figures. Neither the Company nor the Banks or the Selling Shareholders have independently verified the market data and other information on which third parties have based their studies or the external sources on which the Company’s own estimates are based or make any representation or give any warranty as to the accuracy or completeness of such information. The information from third-party sources that is cited here has been reproduced accurately. As far as the Company is aware and is able to ascertain from information published by such third parties, no facts have been omitted that would render the reproduced information, included in this announcement, inaccurate or misleading. The fact that information from the third-party sources has been included in the announcement should not be considered as a recommendation by the relevant third parties to invest in, purchase, or take any other action with respect to, the Offering (as defined below), and prospective investors should not place undue reliance on such information. This announcement may contain forward-looking statements which reflect ASTA’s current view on future events and financial and operational development. Words such as “intend”, “expect”, “anticipate”, “may”, “believe”, “plan”, “estimate” and other expressions which imply indications or predictions of future development or trends, and which are not based on historical facts, are intended to identify forward-looking statements. Forward-looking statements inherently involve both known and unknown risks and uncertainties as they depend on future events and circumstances. Forward-looking statements do not guarantee future results or developments and the actual outcome could differ materially from the forward-looking statements. Each of the Banks and their respective affiliates expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement whether as a result of new information, future developments or otherwise.

The information contained in this announcement does not purport to be comprehensive and has not been subject to any independent audit or review. This announcement contains certain supplemental or alternative measures of operating and financial performance that are not calculated in accordance with the International Financial Reporting Standards as adopted by the European Union (“IFRS”), which would be considered non-IFRS financial measures. These non-IFRS financial measures may not be comparable to similarly titled measures presented by other companies nor should they be construed as an alternative to other financial measures that are computed in accordance with IFRS or other generally accepted accounting principles. There are material limitations associated with the use of such measures. You are cautioned not to place undue reliance on any non-IFRS financial measures and ratios included herein.

Certain figures, including financial and market data, contained in this announcement have been rounded and the relevant sums may not add up to 100 percent due to rounding.

The Banks are acting exclusively for ASTA and the Selling Shareholders and no-one else in connection with the planned offering of shares of the Company. They will not regard any other person as their respective clients in relation to the Offering and will not be responsible to anyone other than ASTA and the Selling Shareholders for providing the protections afforded to their respective clients, nor for providing advice in relation to the Offering, the contents of this announcement or any transaction, arrangement or other matter referred to herein.

In connection with the Offering, the Banks and any of their affiliates, acting as investors for their own accounts, may subscribe for or purchase securities of the Company and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such securities and other securities of the Company or related investments in connection with the Offering or otherwise. Accordingly, references in the Prospectus, once published, to the securities being issued, offered, subscribed, acquired, placed or otherwise dealt in should be read as including any issue or offer to, or subscription, acquisition, placing or dealing by the Banks and any of their affiliates acting as investors for their own accounts. The Banks do not intend to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

The Banks, and/or their respective affiliates or persons acting on their behalf have in the past engaged, and may in the future, from time to time, engage in commercial banking, investment banking, financial advisory and other activities and partnerships in the ordinary course of their business with ASTA and/or the Selling Shareholders or any parties related to or competing with any of them, in respect of which they have and may in the future, receive customary fees and commissions.

None of the Banks or any of their respective affiliates, directors, officers, personally liable partners, employees, advisers or agents accepts any responsibility or liability whatsoever for or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

The information contained in this release is for background purposes only and does not purport to be full or complete. No reliance may be placed by any person for any purpose on the information contained in this release or its accuracy, fairness or completeness. The date of the Admission may be influenced by things such as market conditions. There is no guarantee that Admission will occur and no financial decision should be based on the intentions of ASTA in relation to Admission at this stage. Acquiring investments to which this release relates may expose an investor to a significant risk of losing all of the amount invested. Persons considering making such investments should consult an authorized person specializing in advising on such investments. This release does not constitute a recommendation concerning the Offering. The value of shares can decrease as well as increase. Potential investors should consult a professional advisor as to the suitability of the Offering for the person concerned.

In connection with the Offering of the shares in ASTA Energy Solutions AG, Joh. Berenberg, Gossler & Co. KG will act as stabilization manager (the “Stabilization Manager”) and may, as Stabilization Manager, make overallotments and take stabilization measures in accordance with Article 5(4) and (5) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of April 16, 2014 on market abuse in conjunction with Articles 5 through 8 of Commission Delegated Regulation (EU) 2016/1052) of March 8, 2016. Stabilization measures aim at supporting the market price of the shares of the Company during the stabilization period, such period starting on the date the Company’s shares commence trading on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange (Frankfurter Wertpapierbörse), expected to be 30^th January 2026, and ending no later than 30 calendar days thereafter (the “Stabilization Period”). Stabilization transactions may result in a market price that is higher than would otherwise prevail. However, the Stabilization Manager is under no obligation to take any stabilization measures. Therefore, stabilization may not necessarily occur and it may cease at any time. Stabilization measures may be effected on any stock market, over-the-counter market, stock exchange or otherwise. In connection with such stabilization measures, investors may be allocated additional shares of the Company of up to 15% of the New Shares and Secondary Shares to be offered in the Offering (the “Overallotment Shares”). ETV Montana Tech Holding GmbH has granted the Stabilization Manager an option to acquire a number of shares in the Company equal to the number of Overallotment Shares at the offer price, less agreed commissions (so-called Greenshoe option). To the extent Overallotment Shares were allocated to investors in the Offering, the Stabilization Manager, acting for the account of the syndicate members, is entitled to exercise this option during the Stabilization Period.