Delbrück, 30 January 2023 - The management of paragon GmbH & Co. KGaA [ISIN DE0005558696] launched on 10 January 2023 a tender offer (the "Tender Offer") until 27 January 2023 (12:00 a.m. CET) (the "Tender Offer Period") for its CHF 21,000,000 4% Bonds 2019-2023 (security number: 41'904'110, ISIN: CH0419041105, Ticker: PAR19) issued in 2019 (the "PAR19 Bonds").

As per the end of the Tender Offer Period, paragon GmbH & Co. KGaA has bought back PAR19 Bonds in a total amount of CHF 8,433,00 and, therefore, CHF 12,567,000 PAR19 Bonds remain outstanding. Settlement with respect to the tendered PAR19 Bonds will occur on 31 January 2023 in accordance with the terms of the Tender Offer.

About paragon GmbH & Co. KGaA

Listed on the Regulated Market (Prime Standard) of Deutsche Börse AG in Frankfurt a.M., paragon GmbH & Co. KGaA (ISIN DE0005558696) develops, produces and distributes pioneering solutions in the fields of automotive electronics, body kinematics and electromobility. The portfolio of the market-leading direct supplier to the automotive industry includes innovative air quality management, modern display systems and connectivity solutions, as well as high-end acoustic systems in the electronics segment. In the mechanics segment, paragon develops and produces active mobile aerodynamic systems. In the fast-growing automotive market for battery systems, paragon now operates independently with its power business unit following the sale of the Voltabox investment.

In addition to its headquarters in Delbrück (North Rhine-Westphalia), paragon GmbH & Co. KGaA and its subsidiaries have sites in Suhl (Thuringia), Landsberg am Lech and Nuremberg (Bavaria), St. Georgen (Baden-Württemberg) and Limbach (Saarland), as well as in Kunshan (China), Bengaluru (India) and Oroslavje (Croatia).

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Capital Market & Press Contact

paragon GmbH & Co. KGaA
Dr. Martin Esser
Bösendamm 11
33129 Delbrück, Germany
Phone:   +49 (0) 52 50 - 97 62-200
Fax:        +49 (0) 52 50 - 97 62-102