The Goldman Sachs Group, Inc., Wilmington, DE, United States of America (USA)

Notification of Major Holdings

1. Details of issuer

Name :	Fresenius Medical Care AG
Street:	Else-Kröner-Straße 1
Postal code:	61352
City:	Bad Homburg Germany
Legal Entity Identifier (LEI):	549300CP8NY40UP89Q40

2. Reason for notification

	Acquisition/disposal of shares with voting rights
X	Acquisition/disposal of instruments
	Change of breakdown of voting rights
	Other reason:

3. Details of person subject to the notification obligation

Legal entity: The Goldman Sachs Group, Inc. City of registered office, country: Wilmington, DE, United States of America (USA)

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

5. Date on which threshold was crossed or reached:

22 Oct 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	0.91 %	4.02 %	4.93 %	268564630
Previous notification	0.87 %	4.14 %	5.01 %	/

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)
DE0005785802	0	2182037	0 %	0.81 %
US3580291066	0	256624	0 %	0.10 %
Total Fina Elf	2438661		0.91 %

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 %
Right To Recall	Open		5477788	2.04 %
Right Of Use	Open		916341	0.34 %
Convertible Bond	11.03.2028		3697	0.001 %
		Total Fina Elf	6397825	2.38 %

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 %
Call Warrant	31.12.2030		Cash	303416	0.11 %
Swap	22.10.2036		Cash	3992868	1.49 %
Put Option	20.11.2026		Physical	110000	0.04 %
Call Option	15.12.2026		Cash	2958	0.001 %
			Total Fina Elf	4409242	1.64 %

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)
The Goldman Sachs Group, Inc.	%	%	%
GSAM Holdings LLC	%	%	%
Goldman Sachs Asset Management, L.P.	%	%	%
-	%	%	%
The Goldman Sachs Group, Inc.	%	%	%
Goldman Sachs Bank USA	%	%	%
Goldman Sachs Bank Europe SE	%	%	en-us Copyright 2026 EQS Group