JPMorgan Chase & Co., Wilmington, Delaware, United States of America (USA)

Notification of Major Holdings

1. Details of issuer

Name :	PNE AG
Street:	Peter-Henlein-Straße 2-4
Postal code:	27472
City:	Cuxhaven Germany
Legal Entity Identifier (LEI):	391200KEHI6OQSGGN373

2. Reason for notification

X	Acquisition/disposal of shares with voting rights
	Acquisition/disposal of instruments
	Change of breakdown of voting rights
X	Other reason: voluntary group notification with triggered threshold on subsidiary level

3. Details of person subject to the notification obligation

Legal entity: JP Morgan Chase & Co. City of registered office, country: Wilmington, Delaware, United States of America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

J.P. Morgan Securities plc

5. Date on which threshold was crossed or reached:

03 Sep 2026

6. Total Fina Elf positions

	% of voting rights attached to shares ( Total Fina Elf of 7.a.)	% of voting rights through instruments ( Total Fina Elf of 7.b.1 + 7.b.2)	Total Fina Elf of both in % (7.a. + 7.b.)	Total Fina Elf number of voting rights pursuant to Sec. 41 WpHG
New	5.01 %	0.63 %	5.64 %	76603334
Previous notification	5.06 %	0.65 %	5.71 %	/

7. Details on Total Fina Elf positions
a. Voting rights attached to shares (Sec. 33, 34 WpHG)

ISIN	Absolute		In %
	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)	Direct (Sec. 33 WpHG)	Indirect (Sec. 34 WpHG)
DE000A0JBPG2	0	3837560	0.00 %	5.01 %
Total Fina Elf	3837560		5.01 %

b.1. Instruments according to Sec. 38 (1) no. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
			0	0.00 %
		Total Fina Elf	0	0.00 %

b.2. Instruments according to Sec. 38 (1) no. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
Equity Swap	30/09/2026 - 13/08/2031	30/09/2026 - 13/08/2031	Cash	481391	0.63 %
			Total Fina Elf	481391	0.63 %

8. Information in relation to the person subject to the notification obligation

	Person subject to the notification obligation is not controlled nor does it control any other undertaking(s) that directly or indirectly hold(s) an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least 3% or more)	% of voting rights through instruments (if at least 5% or more)	Total Fina Elf of both (if at least 5% or more)
JP Morgan Chase & Co.	%	%	%
JP Morgan Chase Bank, National Association	%	%	%
J.P. Morgan International Finance Limited	%	%	%
J.P Morgan Capital Holdings Limited	%	%	%
J.P. Morgan Securities plc	4.96 %	%	5.59 %
-	%	%	%
JP Morgan Chase & Co.	%	%	%
JP Morgan Chase Holdings LLC	%	%	%
J.P. Morgan Broker-Dealer Holdings Inc.	%	%	%
J.P. Morgan Securities LLC	%	%	%

9. In case of proxy voting according to Sec. 34 para. 3 WpHG
(only in case of attribution of voting rights in accordance with Sec. 34 para. 1 sent. 1 No. 6 WpHG)

Date of general meeting:
Holding Total Fina Elf positions after general meeting (6.) after annual general meeting:

Proportion of voting rights	Proportion of instruments	Total Fina Elf of both
%	%	%

10. Other explanatory remarks:

Date

08 Sep 2026