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This press release is a translation of the German original. In the event of discrepancies, the German version shall prevail.

ASKLEPIOS initiates squeeze-out of RHÖN-KLINIKUM AG minority shareholders

Datum7. August 2026
OrtHamburg
  • Full integration of RHÖN-KLINIKUM AG into the ASKLEPIOS Group planned
  • Further development of the Group’s structure to strengthen long-term resilience

Asklepios Kliniken GmbH & Co. KGaA (“ASKLEPIOS”) today submitted a formal request to the Management Board of RHÖN-KLINIKUM AG to carry out a squeeze-out under stock corporation law pursuant to sections 327a et seq. of the German Stock Corporation Act (AktG). To this end, the general meeting of RHÖN-KLINIKUM AG is to resolve on the transfer of the shares held by minority shareholders to ASKLEPIOS in return for adequate cash compensation.

ASKLEPIOS has been the majority shareholder of RHÖN-KLINIKUM AG since 2020. In recent years, the two companies have steadily deepened their cooperation with the shared aim of developing RHÖN-KLINIKUM AG into one of Germany’s leading healthcare providers. With the intended squeeze-out, ASKLEPIOS is pursuing the goal of fully integrating RHÖN-KLINIKUM AG into the Group and further simplifying the Group’s structure. The measure is intended to create the basis for even closer cooperation within the Group and to further harmonise decision-making, management and governance processes. In doing so, it aims to strengthen the strategic development of the hospital sites and the future viability of the Group as a whole. Completion of the squeeze-out will also reduce the ongoing costs as well as the administrative duties and requirements associated with RHÖN-KLINIKUM AG's stock exchange listing, and will create the framework for focusing entirely on its day-to-day operations.

The strategic direction and operational management of RHÖN-KLINIKUM AG will not change as a result of this step. This transaction under German stock corporation law will have no direct implications for patients, employees or the sites of RHÖN-KLINIKUM AG.

The squeeze-out will only become effective upon entry of the resolution of RHÖN-KLINIKUM AG’s general meeting on the squeeze-out in the commercial register of RHÖN-KLINIKUM AG. RHÖN-KLINIKUM AG will provide information on the further steps and the timetable of the process in accordance with statutory requirements.