The GESCO share

The aim of GESCO SE’s investor relations activities is to pursue a fair and transparent communication policy that ensures equal treatment of all stakeholders. This is intended to strengthen the perception of the company as an attractive investment and further increase GESCO’s profile on the capital market. Communication regarding business performance and corporate strategy is ongoing, timely and reliable, with the aim of strengthening investor confidence in GESCO and promoting an appropriate valuation of GESCO shares on the capital market.

In the 2025 financial year, personal contact with capital market participants played a key role. The Executive Board and Investor Relations maintained an active dialogue with investors and analysts. Numerous discussions during roadshows, investor conferences, the Annual General Meeting and one-on-one meetings led to detailed discussions on the company’s development. Investor Relations utilised various formats to engage with investors, both virtually and in person.

A key objective is to expand GESCO SE’s shareholder base abroad as well. These activities are to be intensified in future, as we are convinced that there are also many investors internationally who wish to invest in (German) SMEs.

In addition to the activities mentioned above, the Executive Board and Investor Relations regularly provided investors, analysts and private investors with updates on GESCO SE. In 2026, the company will once again be presented at various roadshows and capital market events. The relevant dates will be published in our financial calendar on the GESCO website under the Investor Relations section at https://gesco.de/en/investor-relations/financial-calendar.

Annual reports, half-yearly reports, quarterly reports, capital market releases, analyst estimates and information on the Annual General Meeting can be accessed via the Investor Relations website www.gesco.de/investor-relations. GESCO ensures that up-to-date and comprehensive information is always available and that the Company can be contacted at any time.

Since 1999, through our membership of the German Share Institute (DAI), we have supported the promotion of a shareholding culture in Germany. Furthermore, GESCO SE has been a member of the German Investor Relations Association (DIRK) since 2000 and is committed to its principles, which promote open and continuous communication.

Furthermore, we have been championing the interests of (private) shareholders for many years, in particular through our support for DSW and SdK, which are committed to improving shareholder culture in Germany.

Analysts publish regular research on the GESCO share. In the past financial year, Bankhaus Metzler began covering the Company.

You can find all current research reports on the GESCO website at: https://gesco.de/en/investor-relations/shares.

Pareto Securities AS and Baader Bank are designated sponsors.

In the 2024 financial year, GESCO SE initiated a share buyback for the first time to allow its shareholders to share in the Company’s success. Almost 500,000 shares were acquired as part of a voluntary public share buyback offer. There is currently no specific resolution regarding the use of the repurchased shares.

On 24 March 2025, GESCO SE presented its future strategy for the appropriation of profits. In this context, the dividend range was set at 20% to 40%. At the same time, it was decided that exceptions to this rule may be made should sufficiently attractive opportunities arise. The Executive Board defined the priorities for the future appropriation of profits as follows:

1. Organic and inorganic growth
2. Share buybacks, provided they make economic sense and contribute to value creation
3. Dividend distributions
    

For the 2025 financial year, the Executive Board and Supervisory Board will propose to the Annual General Meeting on 24 June 2026 the payment of a dividend of €0.20 per share for the 2025 financial year. Based on this dividend proposal, the expected dividend yield at the time of the resolution is approximately 1.4%.

Since its IPO in 1998, GESCO SE has offered its domestic employees the opportunity to purchase employee shares at a discounted price as part of an annual employee share ownership scheme. This scheme enables employees to build up a substantial amount of wealth over time with a moderate annual financial commitment, resulting from both capital gains and dividend payments. This contributes to employees’ personal retirement provision and sup-ports their financial security in the future.

A key advantage of the employee share ownership scheme from GESCO SE’s perspective is the promotion of a corporate culture in which employees act as co-entrepreneurs. By purchasing shares, employees become not only shareholders but also active stakeholders whose interests are closely linked to the Company’s success. This closer identification with the Company’s mission can boost employee motivation and performance, as they have a direct financial interest in the growth and success of the GESCO Group.

Furthermore, the opportunity to acquire shares in the Company fosters an entrepreneurial mindset. Employees are more motivated to contribute innovative ideas and help improve efficiency. This culture of co-creation and responsibility increases employee retention and reduces staff turnover.

Furthermore, through this programme, GESCO makes an important contribution to promoting a culture of share ownership in Germany. By making it easier for employees to access shares, awareness of the importance of capital markets and corporate shareholdings is strengthened.

At the end of 2025, GESCO successfully completed what is now its 26th employee share ownership programme, demonstrating its sustained and ongoing support for employee share ownership. This initiative strengthens the bond between the Company and its employees.