EQS-PVR: Brenntag SE: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Notification pursuant to Section 43 WpHG/securities trading act (qualifying holdings)

Notification: Kühne Holding AG

Kühne Holding AG, Schindellegi, Switzerland, informed us on 03 December 2024 pursuant to Art. 43(1) WpHG thereby making reference to the exceedance of the threshold of 15% from 12 November 2024, as follows:

As of 12 November 2024, Kühne Holding AG ('KH') has exceeded the 15% shareholding threshold in Brenntag SE ('BNR') and has submitted a corresponding voting rights notification to the German Federal Financial Supervisory Authority ('BaFin'), which BNR published on 13 November 2024 pursuant to Art. 40(1) WpHG. Pursuant to Art. 43(1) WpHG, KH hereby informs BNR of the objectives pursued with the acquisition of the voting rights and the origin of the funds used for the acquisition.

Objectives of the acquisition of voting rights:

1. The investment in BNR supports the implementation of KH's strategic objectives.

2. KH is monitoring the market development as well as the development of BNR's business operations and does not rule out a possible acquisition of additional shares or voting rights in BNR within the next twelve months.

3. As CEO of KH, Mr. Dominik de Daniel represents the interests of the company. The Supervisory Board of BNR intends to nominate Mr. Dominik de Daniel for election to the Supervisory Board at the upcoming Annual General Meeting. This was presented by the Chairman of the Supervisory Board at the recent Corporate Governance Roadshow.

4. KH is not seeking any significant change in BNR's capital structure, in particular regarding the ratio of equity and debt financing as well as the dividend policy.

Source of the funds used for the acquisition:

KH financed the acquisition of the 21,657,810 shares in BNR through equity.