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Ströer SE & Co. KGaA received the following notification pursuant to Sec. 43 (1) WpHG from Deutsche Telekom Trust e.V., Bonn, Germany, on August 14, 2019:
 

By allocation and transfer agreement dated 14 August 2019, Deutsche Telekom AG transferred legal ownership of its Ströer SE & Co. KGaA shares with immediate effect to Deutsche Telekom Trust e.V. Deutsche Telekom Trust e.V., the trust fund of the Deutsche Telekom group, holds trust assets for the purpose of fulfilling company retirement obligations. Legal ownership of the Ströer SE & Co. KGaA shares was transferred so that they could be held as trust assets by Deutsche Telekom Trust e.V. for the account of Deutsche Telekom AG.

Deutsche Telekom AG has reserved the right to issue instructions in relation to all administrative rights under company law (in particular the exercise of voting rights at shareholder meetings of Ströer SE & Co. KGaA) and in relation to the sale of the above shares. Since they serve as collateral, all risks and rewards relating to changes in value of the above shares are retained by Deutsche Telekom AG. Deutsche Telekom AG thus retains beneficial ownership of the above shares.

Deutsche Telekom Trust e. V. Bonn, Germany, as the party subject to the notification requirement pursuant to Sec. 43 (1) WpHG ['Wertpapierhandelsgesetz': German Securities Trading Act], hereby states that:

1. The investment held by Deutsche Telekom Trust e.V. is a long-term investment with the aim of generating trading profit.

2. Deutsche Telekom Trust e.V. does not intend to obtain further voting rights in Ströer SE & Co. KGaA within the next 12 months by acquisition or other means.

3. Deutsche Telekom Trust e.V. does not intend to influence the composition of the issuer's administrative, management or supervisory bodies.

4. Deutsche Telekom Trust e.V. does not intend to significantly change the capital structure of Ströer SE & Co. KGaA, especially with regard to the ratio of internal/external financing and the dividend policy.

As the legal ownership of the Ströer SE & Co. KGaA shares was acquired so that they could be held as trust assets by Deutsche Telekom Trust e.V. for the account of Deutsche Telekom AG, no funds were used for the acquisition.