BRIEF

on Varengold Bank AG (ETR:VG80)

Varengold Bank: Special Audit Successfully Concluded

As of October 31, 2025, Varengold Bank AG will see the end of supervisory measures and the role of a special representative. This follows the completion of a comprehensive special audit of the bank's business operations, as mandated under Section 44 of the German Banking Act (KWG). Conducted over more than three years, the process has concluded without additional consequences or fines as reported by BaFin.

The completion marks a significant step for Varengold Bank in its ongoing transformation. With a renewed focus, the bank, established in Hamburg in 1995, is set on pursuing its business strategies. It offers financing solutions to digital and energy transition sectors, showing commitment through clear strategies and optimized structures.

R. H.

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