Statement on Clearstream Announcement “weclapp SE: Admission to collective safe custody and CASCADE-RS – Update”

The executive boards of weclapp SE and 3U HOLDING AG declare in this regard: It was announced in August 2021: "The Executive Board of weclapp SE decided on July 26, 2021, (…) to [aim for] a date for the possible IPO of the company (…) in the course of the first half of 2022." The realization of this possibility was and is subject to a favourable stock market environment. This is still the resolution position and preparations for a possible IPO are ongoing; however, a date has not yet been set.

About weclapp:

weclapp SE was founded in 2008 and has been offering the cloud-based platform of the same name since 2013. Since market entry, the company has grown by an average of almost 100% (CAGR) and is turning a profit. With Software-as-a-Service (SaaS), it mainly addresses small and medium-sized enterprises, with integrated ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) functionalities in particular. Customers thus have unrestricted access to their business transactions and data from any Internet-enabled device and from any location connected to the Internet. With storage and computing capacities in Germany and Switzerland and ISO 27001 certification, weclapp offers a high level of data security. The platform has repeatedly won awards as ERP system of the year. weclapp SE operates out of Frankfurt am Main and maintains branches in Marburg Kitzingen. Karlsruhe and Worms It is a subsidiary of Marburg-based 3U HOLDING AG.