EQS-News: Wolftank Group reaches settlement for litigation in Italy

EQS-News: Wolftank Group AG / Key word(s): Legal Matter
Wolftank Group reaches settlement for litigation in Italy

06.08.2026 / 09:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Wolftank Group reaches settlement for litigation in Italy

The Italian subsidiary of Wolftank Group AG (ISIN: AT0000A25NJ6), Wolftank
DGM Srl, has reached an out-of-court settlement regarding an event that
occurred in 2020. The settlement concerns the decision by the Tribunale di
Bologna in first instance in August 2025, which totaled approximately EUR
4.5 million. Of this amount, approx. EUR 3.4 million was attributable to
the loss of profit claimed by the customer, and EUR 1.1 million to costs
related to post-event activities, the latter fully covered by insurance.

Disagreeing with the fist-instance decision, Wolftank DGM filed an appeal
with the Corte d’Appello di Bologna. At the same time, Wolftank DGM
decided to settle the claim relating to the alleged loss of profit on
balanced terms, thereby avoiding the uncertainty, time, and cost of
continued litigation. The settlement resolves the dispute between the
parties. Its terms are subject to a confidentiality agreement and do not
constitute an admission of liability regarding the facts at issue in the
lawsuit.

The amount payable by Wolftank DGM was already provisioned in the
financial statements as of 31 December 2025 and is therefore fully
covered. The agreement has no further negative impact on earnings, and the
agreed payments are fully reflected in Wolftank Group’s liquidity
planning. „We negotiated and resolved this matter in the long-term
interests of Wolftank Group. With the settlement now achieved, we are
creating clarity and avoiding the risks and costs of a long-standing legal
dispute. The agreed amount had already been fully provisioned, so our
financial planning remains unchanged,” says Simon Reckla, CEO of Wolftank
Group.
 

About Wolftank Group
Wolftank Group is a leading provider of environmental technologies in the
green-tech sector. Its core business includes due diligence services for
environmental risks, customized solutions for soil and groundwater
remediation, recycling and recovery processes, and low-emission
technologies. The Group’s subsidiaries in seven countries across three
continents are managed by Wolftank Group AG, headquartered in Innsbruck.
Wolftank Group AG shares (WKN: A2PBHR; ISIN: AT0000A25NJ6) are listed in
the direct market plus segment of the Vienna Stock Exchange and in the
m:access segment of the Munich Stock Exchange, and are traded on Xetra as
well as on the Frankfurt and Berlin stock exchanges. Further information:
[1] www.wolftankgroup.com

Contact:
Wolftank Group AG
phone: +43 512 345726
Email: [2]investor-relations@wolftankgroup.com

Disclaimer:
This communication contains forward-looking statements based on current
knowledge, expectations, and projections of Wolftank Group AG’s management
about the future. All statements are subject to potentially uncertain
assumptions and risks that could cause actual results to differ materially
from those expressed or implied by such statements. Such statements can be
identified using words such as „expect“, „plan“, „anticipate“, „target“,
„estimate“, „assume“ or similar. Consequently, statements relating to the
future are only valid at the time they are made. The Company does not
assume any obligation to adjust, correct or monitor statements made in
this communication in the future.

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06.08.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

View original content: [4]EQS News

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Language: English
Company: Wolftank Group AG
Leopoldstraße 2
6020 Innsbruck
Austria
Phone: +43 512 345726
E-mail: investor-relations@wolftankgroup.com
Internet: www.wolftankgroup.com
ISIN: AT0000A25NJ6
WKN: A2PBHR
Listed: Vienna Stock Exchange (Vienna MTF)
LEI Code: 5299001G2MZ6VQ2K4Z89
EQS News ID: 2378070

Weitere Handelsplätze: München Freiverkehr m:access Frankfurt Freiverkehr,
XETRA

 
End of News EQS News Service

2378070  06.08.2026 CET/CEST

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References

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2. investor-relations@wolftankgroup.com
3. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2378070&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
4. https://nwr.eqs-cockpit.com/fncls2.ssx?fn=redirect&url=930edbd291b707fde7e28529f4ca91aa&application_id=2378070&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news

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