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Announcement: FMA imposes sanction against Pierer Industrie AG for breaches of the Börsegesetz 2018

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The Austrian Financial Market Authority (FMA) has imposed a fine of EUR 138,000 on Pierer Industrie AG as a legal person. Proceedings were concluded under the accelerated conclusion of proceedings pursuant to Article 22 para. 2b of the Financial Market Authority Act (FMABG; Finanzmarktaufsichtsbehördengesetz). The reason for the sanction is for a breach of rules under stock exchange law. The issuer specifically published its full annual financial reports too late for the 2023 and 2024 financial years respectively. The penal order is final.