EQS-Ad-hoc: Rath AG / Key word(s): Joint venture Rath AG: RATH enters the Indian market and expands the refractory capacity 06.02.2024 / 12:00 CET/CEST Publication of inside information in accordance with Article 17 of the Regulation (EU ) No. 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer/publisher is responsible for the content of the message. ═════════════════════════════════════════ ═════════ ════════════════════════ RATH enters the Indian market and expands refractory capacity As part of its strategic growth plan, Rath Aktiengesellschaft acquires 33% of the shares in the AVANEE REFSOL PRIVATE LIMITED, Hyderabad 500 081, AP, India, the joint venture agreements were signed on February 6, 2024 in Hyderabad. With the acquisition of the shareholding, the RATH Group is entering the Indian market and is thus securing new growth opportunities and capacities for the global sales market. In addition to capital, Rath will provide the investment company with production and product know-how. Contact for questions: Alexandra Rester CFO alexandra.rester@rath-group.com End of insider information ═════════════════════════════════════ ═════ ════════════════════════════════ Information and explanations from the issuer regarding this announcement: – ════ ════ ═════════════════════════════════════════ ═════════ ════════════════ 06.02.2024 CET/CEST Announcement transmitted by EQS Group AG.
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═════════════════════════════════════════ ═════════ ════════════════════════ Language: German Company: Rath AG Walfischgasse 14 1010 Vienna Austria Telephone: +43 1 513 4427-0 Fax: +43 1 513 4428-87 Internet: www.rath-group.com
ISIN: AT0000767306 WKN: 878275 Stock exchanges: Vienna Stock Exchange (official trading) EQS News ID: 1831385 End of message EQS News Service 1831385 06.02.2024 CET/CEST