Ad hoc announcement
Disclosure of inside information by Wolftank Group AG pursuant to Art. 17 (1) of the Market Abuse Regulation
Innsbruck, 19 August 2025
Wolftank Group AG notifies of first-instance ruling against subsidiary in Italy
Wolftank Group AG informs that its 100% subsidiary Wolftank DGM Srl has been ordered by the Italian civil court Tribunale Ordinario di Bologna in the first instance to pay damages of approximately EUR 4.5 million to a customer. The case relates to a project from 2020 in which Wolftank DGM Srl acted as subcontractor of this customer and in connection with which environmental damage occurred.
Approximately three quarters of the amount awarded in first instance relates to damages for alleged loss of profits on part of the customer. Wolftank DGM Srl considers this amount to be disproportionate to the incident. Insurance covers around a quarter of the damages awarded, and the company is reviewing its options with its insurer for the remainder.
The decision of the Tribunale Ordinario di Bologna is subject to appeal. Wolftank DGM will take action against the ruling.
About Wolftank Group
Wolftank Group is a leading technology partner for energy and environmental solutions operating worldwide. In the field of energy mobility and logistics, the Group supports customers in more than 20 countries to implement projects in an efficient and environmentally friendly way. For this, it develops and implements tomorrow's technologies to decarbonize transport and build the infrastructure for zero-emission mobility - such as turnkey delivery of modular hydrogen and LNG refueling facilities. In the area of environmental solutions, the offering includes due diligences for environmental risks, customized services for soil and groundwater remediation, as well as recycling. The group's subsidiaries in eight countries on three continents are managed by Wolftank Group AG, based in Innsbruck, Austria. The share of Wolftank Group AG (WKN: A2PBHR; ISIN: AT0000A25NJ6) is listed in the direct market plus segment of the Vienna Stock Exchange AG and in the m:access of the Munich Stock Exchange and is traded on Xetra, the Frankfurt and Berlin Stock Exchanges. Further information: www.wolftankgroup.com
Contact:
Wolftank Group AG
phone: +43 512 345726
Email: investor-relations@wolftankgroup.com
Disclaimer:
This communication contains forward-looking statements based on current knowledge, expectations, and projections of Wolftank Group AG's management about the future. All statements are subject to potentially uncertain assumptions and risks that could cause actual results to differ materially from those expressed or implied by such statements. Such statements can be identified using words such as "expect", "plan", "anticipate", "target", "estimate", "assume" or similar. Consequently, statements relating to the future are only valid at the time they are made. The Company does not assume any obligation to adjust, correct or monitor statements made in this communication in the future.
