Adler - comment

The fresh cash will be drawn tomorrow to pay down the €500m 23s and Rödel & Partner will be auditing ARE going forward. The 2022 financials presented today remain unaudited and the company has time until September 2024 to find the next auditor for the Luxembourg consolidated accounts. Otherwise, the presented financials contained little news. The restructuring for the coming days remains on autopilot.

Wolfgang FelixADLER