Formycon : Invitation including the agenda and proposed resolutions of the management

Invitation to Annual General Meeting 2021

Formycon AG

Munich, Germany

ISIN: DE000A1EWVY8

German securities code (WKN): A1EWVY

We herewith invite all shareholders of Formycon AG to the Annual General Meeting on

Monday, September 27, 2021

starting at 11:00 a.m. Central European Summer Time (CEST)

to be held as a virtual general meeting of shareholders

without the physical presence of shareholders or authorized representatives thereof.

The entire Annual General Meeting will be streamed via internet, including image and sound, to duly registered shareholders of Formycon AG and authorized representatives thereof via the Company's Annual General Meeting web portal at https://www.formycon.com/en/investor- relations/annual-general-meeting/. Shareholder voting rights may only be exercised by means of advance postal voting or electronic voting, or by the granting of proxy voting authority to the Company's designated voting representatives. Physical participation by shareholders and authorized representatives thereof is (with the exception of the Company's designated voting representatives) excluded. The place of the Annual General Meeting within the meaning of the German Stock Corporation Act (Aktiengesetz) is the conference center in Haus der Bayerischen Wirtschaft, Max-Joseph-Strasse 5, 80333 Munich, Germany.

More detailed information about this year's Annual General Meeting and about the rights of shareholders and authorized representatives thereof may be found in the voluntary additional information provided by the Company in section B below.

1. Agenda

with proposed shareholder resolutions

1. Presentation of the approved annual financial statements of Formycon AG, of the management report and of the report of the Supervisory Board for fiscal year 2020

The Supervisory Board approved the annual financial statements prepared by the Management Board on April 27, 2021. The annual financial statements have thereby been adopted. In accordance with sections 172 and 173 of the Stock Corporation Act, no resolution is therefore required or planned for this agenda item. The documents cited under this agenda item must, however, be presented to the general meeting.

The aforementioned documents will be accessible via internet at

https://www.formycon.com/en/investor-relations/annual-general-meeting/

from the time that the virtual general meeting is convened and will remain available for the duration of the meeting.

1. Resolution to ratify the acts of the Executive Board during fiscal year 2020
2. 1. 
      The ratification of the acts of the Executive Board during fiscal year 2020 will be voted on separately for each individual member of the Executive Board. The Executive Board and Supervisory Board propose:
   2. that the acts of Dr. Carsten Brockmeyer for the term of his office as a member of the Executive Board during fiscal 2020 be ratified;
   3. that the acts of Dr. Nicolas Combé for the term of his office as a member of the Executive Board during fiscal 2020 be ratified; and
   4. that the acts of Dr. Stefan Glombitza for the term of his office as a member of the Executive Board during fiscal 2020 be ratified.
3. Resolution to ratify the acts of the Supervisory Board during fiscal year

The ratification of the acts of the Supervisory Board during fiscal year 2020 will be voted on separately for each individual member of the Supervisory Board. The Executive Board and Supervisory Board propose:

1. that the acts of Dr. Olaf Stiller for the term of his office as a member of the Supervisory Board during fiscal 2020 be ratified;
2. that the acts of Peter Wendeln for the term of his office as a member of the Supervisory Board during fiscal 2020 be ratified;
3. that the acts of Hermann Vogt for the term of his office as a member of the Supervisory Board during fiscal 2020 be ratified; and
4. that the acts of Klaus Röhrig for the term of his office as a member of the Supervisory Board during fiscal 2020 be ratified.

4. Election of the auditor for fiscal year 2021

The Supervisory Board proposes that PanTaxAudit GmbH Wirtschaftsprüfungsgesell- schaft, Landsberger Strasse 98, 80339 Munich, Germany be elected as the Company's auditor for fiscal year 2021.

1. Voluntary additional information provided by the Company

In the case of a company not listed on a stock exchange within the meaning of sec. 3 para. 2 of the Stock Corporation Act, sec. 121 para. 3 of the Act stipulates only that the invitation convening the general meeting must set out the business name of the company, its seat, the time and place of the general meeting, and the agenda. The following additional information is provided voluntarily in order to make it easier for our shareholders to view and follow the Annual General Meeting and to exercise their shareholder rights, in particular voting rights:

1. Company website and posting of meeting documents

This invitation to the Annual General Meeting and other documents and information pertaining thereto will be made available to shareholders and their authorized representative by way of the Company's website under

https://www.formycon.com/en/investor-relations/annual-general-meeting/

from the time that the Annual General Meeting is convened and throughout the duration thereof.

Any shareholder motions, shareholder nominations and supplementary agenda items proposed by shareholders which are properly received and subject to publication requirements will likewise be made available by way of this website.

This website will also provide access to the Company's Annual General Meeting web portal, by means of which shareholders who have properly provided evidence of their entitlement may exercise their voting rights before or during the Annual General Meeting as well as view and follow the meeting, which will be streamed in its entirety via internet, including both image and sound.

1. Total number of shares and voting rights
   as of the time the Annual General Meeting is convened

As of the time that the Annual General Meeting is convened, the Company will have registered capital (Grundkapital) of EUR 11,046,500.00, divided into 11,046,500 bearer shares without par value but with an imputed nominal value of EUR 1.00 per share. Each share entitles the holder to one vote, and thus the total number of voting rights as of the time that the Annual General Meeting is convened will be 11,046,500, none of which is held by the Company as treasury shares.

1. Virtual general meeting of shareholders without the physical presence of shareholders or authorized representatives thereof

On the basis of Germany's "COVID-19 Act" of December 22, 2020 (specifically meaning the Gesetz über Maßnahmen im Gesellschafts-, Genossenschafts-, Vereins-,Stiftungs- und Wohnungseigentumsrecht as modified by article 2 of the Gesetz zur Abmilderung der Folgen der COVID-19-Pandemieim Zivil, Insolvenz- und Strafverfahrensrecht of March 27, 2020, extended by the Verordnung zur Verlängerung von Maßnahmen im Gesellschafts-, Genossenschafts-,Vereins- und Stiftungsrecht zur Bekämpfung der Auswirkungen der COVID-19-Pandemie of October 20, 2020, and most recently amended by article 11 of the Gesetz zur weiteren Verkürzung des Restschuldbefreiungsverfahrens und zur Anpassung pandemiebedingter Vorschriften im Gesellschafts-, Genossenschafts-,Vereins- und Stiftungsrecht sowie im Miet- und Pachtrecht of December 22, 2020), the Executive Board of Formycon AG has decided, with the concurrence of the Supervisory Board, to conduct the Annual General Meeting 2021 as a virtual general meeting, without the physical presence of shareholders or authorized representatives thereof. Physical participation by shareholders and authorized representatives thereof is (with the exception of the Company's designated voting representatives) thus excluded.

Conducting the Annual General Meeting 2021 as a virtual general meeting in accordance with the COVID-19 Act necessarily means certain modifications to meeting procedures as well as to the specific rights of our shareholders. Shareholders (and authorized representatives thereof) who have properly registered for the Annual General Meeting will be able to use our Annual General Meeting web portal to view and follow the proceedings of the Annual General Meeting in their entirety, including both image and sound, as well as exercise their voting rights, grant proxy voting authority, submit questions, or have their objections recorded in the minutes.

Shareholders (and authorized representatives thereof) who have properly registered for the Annual General Meeting may view and follow the streamed Annual General Meeting, exercise their voting rights, grant proxy voting authority, submit questions, and/or record any objections by way of the Annual General Meeting web portal at the following internet address:

https://www.formycon.com/en/investor-relations/annual-general-meeting/

We ask for your understanding that the Annual General Meeting web portal and the audiovisual transmission of the virtual general meeting do not allow "participation" (including electronic or online participation) within the meaning of sec. 118 para. 1 sentence 2 of the Stock Corporation Act. In order to be able to use the Annual General Meeting web portal, you must log in with the personal access code that you received with your voting card. The various options for exercising your shareholder rights will then appear in the form of buttons and menus of the Annual General Meeting web portal's main screen. You will be able to connect to the proceedings of the Annual General Meeting in their entirety, including both sound and image, on September 27, 2021 starting from 11:00 a.m. (CEST) by way of the Annual General Meeting web portal on the Company's website, which may be reached at:

https://www.formycon.com/en/investor-relations/annual-general-meeting/

You as a shareholder will receive further details on the Annual General Meeting web portal, including registration information and usage conditions, together with your voting card.

Again, your connection to the Annual General Meeting web portal via online access with your personal access code and the functionality thereunder, including your access to the streamed proceedings of the Annual General Meeting 2021, (hereinafter "Virtual Connection") do not permit "participation" in the Annual General Meeting within the meaning of sec. 118 para. 1 sentence 2 of the Stock Corporation Act. Shareholders and authorized representatives thereof may only exercise their voting rights by advance postal voting or by electronic voting, or by granting proxy voting authority to the Company's designated voting representatives.

IV.	Required advance registration for Virtual Connection to the Annual General
	Meeting and for the exercise of voting and other shareholder rights

In order to follow the streamed proceedings of the virtual Annual General Meeting 2021 and to exercise voting and other shareholder rights, you as a shareholder of Formycon AG must register for the Annual General Meeting by the end of Monday, September 20, 2021 (before 12:00 midnight CEST) by contacting the Company at the following address:

Formycon AG

c/o Link Market Services GmbH

Landshuter Allee 10

80637 Munich, Germany

or via e-mail to: [e-mail]

Proof of entitlement to participate in the Annual General Meeting and to exercise voting rights must be provided. A proof of shareholding for this purpose issued in text form by a custodian bank or other financial intermediary in conformity with sec. 67c para. 3 of the Stock Corporation Act shall be accepted as such proof of entitlement. The proof of shareholding must specify the record date, which is the beginning of the 21st day before the Annual General Meeting, i.e. that the shares are held as of the start of September 6, 2021 (at 0:00 CEST). The proof of shareholding must be in German or English and must be received by the Company at the above address no later than Monday, September 20, 2021, at 12:00 midnight (CEST).

Should there be any doubts about the correctness or authenticity of the proof of shareholding provided, the Company shall have the right to request additional evidence sufficient to demonstrate such proof of entitlement. If the shareholder fails to provide sufficient evidence, or does not provide it in an appropriate form, the Company may exclude the shareholder from Virtual Connection to the Annual General Meeting and from exercising voting rights.

The entitlement of each shareholder to access the Annual General Meeting web portal, to follow the proceedings thereof, and to exercise voting rights and other shareholder rights shall be based solely upon the shares held by the shareholder as of the record date as documented by the proof of shareholding submitted.

After your registration including proof of your shareholding as of the record date has been