hep global GmbH invites the bondholders of the 2021/2026 Green Bond (DE000A3H3JV5) to vote, without holding a meeting, on an extension of the bond’s term under modified terms

The company is currently in negotiations with potential investors regarding the refinancing of its existing liabilities, including the 2021/2026 Green Bond. For instance, hep global has already identified a potential investor in the U.S. and is in final negotiations to secure future financing for its U.S. operations. However, the comprehensive financing solution that had been sought has not yet been finalized. The 2021/2026 Green Bond is due for repayment on May 18, 2026. In order to allow sufficient time for the ongoing negotiations with potential investors and to find the overall financing solution, the company has decided, as a precautionary measure, to request the bondholders of the 2021/2026 Green Bond to vote, by way of a vote without a meeting, on an extension of the term of the 2021/2026 Green Bond under modified terms.

The main subject of the vote by mail will be as follows:

1. Extension of the term of the 2021/2026 Green Bond by 18 months until November 18, 2027 (exclusive) (Section 3(d), first sentence, of the Terms and Conditions);
2. Amendment of Section 4(b) of the Terms and Conditions regarding early redemption at the issuer’s option.

The proposed restructuring of the 2021/2026 Green Bond, which is being put to a vote without a meeting, is part of the company’s ongoing strategic efforts to refinance its overall debt. Through these efforts, hep global GmbH aims to strengthen its capital structure, increase financial flexibility, and lay the groundwork for further growth. If the refinancing discussions are successfully concluded, this should also create the necessary foundation for the repayment of the 2021/2026 Green Bond and ensure the implementation of the corporate strategy. Should the ongoing financing discussions, contrary to current expectations, not result in a refinancing solution before the repayment date, the issuer’s solvency is to be secured through the bondholders’ approval of an extension of the term of the 2021/2026 Green Bond, providing up to an additional 18 months to implement the refinancing solution or find an alternative solution. The positive operational development forecast for the 2026 fiscal year, as outlined in the press release dated January 23, 2026, is also expected to contribute to this.

The notice to vote, including the agenda and background information on the proposed resolution, is expected to be published in the Federal Gazette on March 24, 2026, and will be available on the hep global GmbH website at https://hepsolar.com/en/greenbond-2021-2026/ starting on that date, along with the necessary forms and other documents.

Person providing the information:
Thomas Tschirf (CFO)
hep global GmbH

Press Contact:
Evelyn Kilinc
Römerstraße 3
74363 Güglingen, Germany
Phone: +49 7135 93446-759
Email: presse@hep.global
www.hepsolar.com 

Investors’ Contact:
Thomas Tschirf
Römerstraße 3
74363 Güglingen, Germany
Phone: +49 7135 93446-0
Email: greenbond@hep.global
www.hepsolar.com

Financial Press Contact:
Frank Ostermair, Linh Chung
IR4value GmbH
Karl-Hromadnik-Str. 14
81241 München, Germany
Phone: +49 211 178047-20
Email: linh.chung@ir4value.de
www.ir4value.de