The merger of FB Beteiligungen GmbH (FN 323228k) as the Transferring company with Fabasoft AG (FN 98699x) as the Acquiring company in compliance with Art. I Austrian Reorganisation Tax Act (UmgrStG) was filed in the company register on 10 November 2021.

This structural measure was undertaken, because FB Beteiligungen GmbH lost its company-relevant objectives and now has a solely participation administrative function. The merger has resulted in a simplification and streamlining of the corporate structure with the benefit of higher cost efficiency and transparency through the establishment of a direct participation of Fallmann & Bauernfeind Privatstiftung in Fabasoft AG.

The shares of Fabasoft AG held by FB Beteiligungen GmbH (4.46%) were transferred to Fabasoft AG in the course of the merger by way of a passing-through of shares and passed on as a matter of law directly to Fallmann & Bauernfeind Privatstiftung (passing on of shares).

In the final analysis of the merger, the participation of Fallmann & Bauernfeind Privatstiftung in Fabasoft AG is thus focussed on a legal entity. The transfer of the shares held by FB Beteiligungen GmbH therefore merely resulted in an indirect change of ownership, as these are now held directly by Fallmann & Bauernfeind Privatstiftung as a result of the passing on of shares. The direct shareholder status of Fallmann & Bauernfeind Privatstiftung in Fabasoft AG established by this merger is described in detail in the published major holding notification and the Director's Dealings notification.

Due to the allocation of a compensation of expenses as part of the merger, Fabasoft AG has incurred no costs in this connection.

Fabasoft AG (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code
FAAS.DE)
Linz, 11 November 2021
Leopold Bauernfeind, Member of the Managing Board
E-mail: Leopold.Bauernfeind@fabasoft.com, Telephone: +43 732 60 61 62