Management Report* IR** /2004

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1 Management Report* IR** /24 Interim Report. D.LOGISTICS ** /24

2 Management Report* Key Data for the D.Logistics Group in 1 thousands Income Statement Total sales Germany Abroad International sales ratio (%) EBITDA EBITA EBIT EBT Income taxes Minority interests Income (loss) from discontinued operations Net income (loss) Earnings per share (3) Balance Sheet Current assets Noncurrent assets Total assets Liabilities Shareholders equity Equity ratio (%) Net debt Cash Flows/Capital Expenditures Net cash provided by (used in) operating activities Net cash provided by (used in) investing activities Net cash provided by (used in) financing activities Investments in property, plant and equipment Employees Employees (as of March 31) Q ,57 39,786 36, ,881 1,117 1,117 (152) (63) (241) (996) (.3) 99,49 137, , ,263 54, , ,618 (4,465) 2,3 3,439 Q ,799 39,286 39, , (1,16) (345) 63 (122) (1,468) (.4) 117,49 186,435 33,484 21,429 93, ,253 (832) 3,227 (8,82) 2,62 3,588

3 Management Report* Contents * D.Logistics in Q1/24 2 * General Economic Conditions 3 * Business Developments and Position 3 * Developments by Segment 5 * Outlook 7 * Consolidated Income Statement 8 * Consolidated Balance Sheet 9 * Consolidated Cash Flow Statement 1 * Statement of Changes in Consolidated Shareholders Equity 11 * Notes to the Consolidated Interim Financial Statements 12 * Supplementary Disclosures 15 * Financial Calendar Back cover * Publication Details Back cover 2 Q1/24* 3 Management Report* 8 Interim Financial Statements* 17 Additional Information*

4 Q1/24* page 2/2 /IR I-24 *D.Logistics in Q1/24 D.Logistics: a strong start in Q1 Sales and earnings forecasts exceeded The D.Logistics Group made a good start to fiscal 24 in the first quarter of the year. It generated sales of million, outperforming its published forecasts by 8.%. Although sales were down 2.8% year on year, it is important to bear in mind that this drop was due mainly to changes in the companies included in consolidation. At million, the operating result (EBITA) was 81.3% up on the previous year and 224% higher than the forecast of 1.35 million. It is important to note that PLC GmbH s integration into GHX Europe GmbH had a positive, one-off effect on consolidated EBITA to the tune of 1.3 million. Taking the operating segments in isolation, EBITA were up 17.2% on the previous year and almost 61% higher than forecast, at million. Further drop in indebtedness As of March 31, 24, the D.Logistics Group s financial indebtedness had fallen 14.5 million compared with the end of 23 to million. Net debt fell by 13.4 to 76.5 million. Negotiations regarding the extension of D.Logistics credit lines beyond June 3, 24 are currently taking place with the banking syndicate. In addition, at the beginning of May, the Executive Board decided on a 13.1 million non-cash capital increase with the approval of the Supervisory Board. The capital is to be increased by the contributions of shareholder loans. This measure will further reduce our debt by around 15.3 million and reduce the net interest expense to the tune of around 1.31 million on an annualized basis. Warehouse in Italy In February, the Group discovered major structural defects in a new Italian warehouse that it had leased from So.Ge.Ma. in 23, and it was therefore forced to lease a new warehouse. The Group has since reached a settlement with the landlord of the warehouse in Oleggio, Italy, which has not been fully usable since February 2, 24. Operations were shifted temporarily to other warehouses. PLC GmbH merges with Global Healthcare Exchange (GHX) B.V.B.A. In January, D.Logistics AG and Global Healthcare Exchange, LLC, resolved to merge their subsidiaries, PLC GmbH and GHX B.V.B.A. D.Logistics AG and Global Healthcare Exchange, LLC, will each hold 5% of the shares in the new company, which in future will be called Global Healthcare Exchange Europe GmbH. GHX s shareholders include Johnson & Johnson, GE Medical Systems, Baxter International, Inc., Abbott Laboratories, Medtronic, Inc., Amerisource Bergen Corporation, Tycon International Ltd. and B. Braun Medical Inc. This merger creates the largest electronic transaction platform in the European healthcare market, in terms of both the number of participants and the countries currently served. Hospitals and suppliers alike will benefit from GHX Europe GmbH s independent transaction platform.

5 *General Economic Conditions IR I-24/ page 3/2 Management Report* General Economic Conditions Global economic upturn The global economy is picking up. Since mid-23, there has been an extremely sharp increase in production in a number of countries, and capacity utilization rates are rising. The upturn is centered in two areas, North America and East Asia. The sharp increase in investment, coupled with the fact that neither the latest terror attacks nor the fresh escalation of the situation in Iraq have dampened optimism in the equity markets in the long term, show just how firmly established the recovery now is. Weak domestic economy in the euro zone In the second half of 23, the euro zone economy emerged from a relatively long period of stagnation, driven primarily by the turnaround in exports. Despite the strong euro, exports benefited considerably from the upturn in East Asia and the USA and from the strong expansion in the EU accession countries in Central and Eastern Europe. The current account surplus rose for the first time in over a year. In contrast, domestic demand remained weak. Although public-sector consumption continued to rise sharply, private consumption hardly increased at all during the course of last year. There are currently no signs that this weak consumer demand in the euro zone will be overcome in the near future. Neither has there been a general upturn in investment. The positive rate of growth in gross fixed capital formation in the fourth quarter of 23, the first for quite some time, was due mainly to the trend in the construction industry. In contrast, investment in machinery and equipment in the euro zone remained weak. Moderate trend in Germany The German economy is slowly emerging from a period of stagnation. Since last autumn, production and demand have been rising again, albeit at a very slow rate. At the same time, capacity utilization and employment rates have continued to fall. The increase in production was due, firstly, to the boost from the global economic upturn despite the dramatic appreciation of the euro. Secondly, as uncertainty abated, particularly following the war in Iraq, the expansionary monetary policy increasingly had a stimulating effect a development that is strengthening the economy in the rest of the euro zone, too. The first signs of a recovery in the domestic German economy can be seen in investment in machinery and equipment. In contrast, private consumption remains weak. Business Developments and Position Sales Sales fell million or 2.8% year on year to million. This is a satisfactory result given last year s restructuring-related contract terminations and the impact of the weak US dollar, and underlines the D.Logistics Group s ability to leverage growth potential. The sales forecast of 17.9 million was exceeded by 8%. Particularly noteworthy in this context are the Warehouse Logistics and Industrial Goods Packaging segments, which clearly beat their targets, while Consumer Goods Packaging was faced with a drop in sales due to the temporary use of alternative warehouses in Italy. Sales in 1 millions M. 3/3 6/3 9/3 12/3 3/4

6 Management Report* page 4/2 /IR I-24 *Business Developments and Position EBITA in 1 millions /3 6/3 9/3 12/3 3/4 M. Earnings up significantly Earnings before interest, taxes, depreciation and amortization (EBITDA) amounted to million, as in the previous year. The EBITDA margin climbed from 4.9% to 5.1%. EBITA rose sharply year on year, by 1.5 million or 81% to million. The EBITA margin climbed from.8% to 1.5%. The Group posted a slight loss from ordinary activities of 1.15 million, compared with a significantly higher loss of million in the prior-year period. After deduction of income taxes (1.6 million) and minority interests (1.24 million), the loss for Q1 24 amounted to 1.97 million compared with a loss of million for the prior-year period. The loss per share improved from 1.4 to 1.3. Net debt in 1 millions Financial liabilities reduced As of March 31, 24, financial liabilities amounted to million. Compared with December 31, 23 ( million), this represents a decline of approx million. The reduction in financial indebtedness is partly the result of scheduled repayments at Group companies. In addition, proceeds from the sale of non-operating assets were used to make unscheduled repayments. Net debt fell by million to million. 3/3 6/3 9/3 12/3 3/4 Cash flow and investments Net cash provided by operating activities amounted to 1731 thousand (previous year net cash used in operating activities of 1832 thousand). Net cash provided by investing activities amounted to 12,618 thousand. This positive result is mainly due to the sale of a non-operating property and cash inflows relating to payments received from purchase price receivables. The net cash used in financing activities in Q1 24 in the amount of 14,465 thousand is due to further redemption payments on financial liabilities. Investments in Q1 24 totaled 12,3 thousand (previous year: thousand). They relate in their entirety to property, plant and equipment and intangible assets. Overview of employee numbers D.Logistics Group 3/24 12/23 Employees As of March 31, 24, D.Logistics employed 3,439 people worldwide, 116 or 3.3% fewer than at Consumer Goods Packaging As a % Industrial Goods Packaging 1, , the end of the last financial year. As of the reporting date, March 31, it employed 2,158 people in Germany (December 31, 23: 2,26) and 1,281 people abroad (December 31, 23: 1,295). The reduction in the headcount compared with the end of 23 (3,555) was due, firstly, to the As a % Warehouse Logistics As a % , , deconsolidation of two subsidiaries and, secondly, to the capacity-related reduction in staffing levels in the Warehouse Logistics segment. Holding company As a %.4.4 Total 3,439 3,555

7 *Developments by Segment IR I-24/ page 5/2 Management Report* Developments by Segment Consumer Goods Packaging in 3 millions Sales Consolidated sales Gross profit EBITA EBITA margin (%) EBTA Q (.39) Q (.34) (1.) (.88) In the Consumer Goods Packaging segment, consolidated sales were 1.5% down on the prior-year quarter at million. In addition to changes to the companies included in consolidation, this was due in particular to the fall in the value of the dollar compared with the prior-year quarter. Consolidated sales were therefore million or 4.2% lower than forecast. This was due mainly to the problems in Italy, where the need to move out of the warehouse in Oleggio led to a drop in sales. Stripping out the effect of this one-off event, sales would have been in line with forecasts. The segment posted a positive operating result (EBITA) of 1.15 million, thereby passing breakeven point in the traditionally weak first quarter rather than reporting the 1.24 million loss that had been forecast. In particular, the settlement reached with the landlord of the warehouse in Oleggio made it possible to reduce the vacancy costs that had been forecast. Otherwise the units results were higher than forecast or, in the USA, in line with forecasts, due to new projects and increased volumes. Industrial Goods Packaging in 3 millions Sales Consolidated sales Gross profit EBITA EBITA margin (%) EBTA Q Q At million, consolidated sales in the Industrial Goods Packaging segment were 6.3% down on the prior-year quarter. The difference was due in particular to the fact that prior-year sales included revenues from projects that were completed during the restructuring program. However, the segment beat by 13.5% its sales forecast of 12. million, which already took into account budgeted volume reductions. Although the operating result (EBITA) was 1.8 million down on the previous year at 11.2 million, it was in line with forecasts (1.97 million). In general, most companies results were slightly higher than forecast. Only in the case of two customer projects have volumes in the start-up phase not yet entirely reached projected levels.

8 Management Report* page 6/2 /IR I-24 *Developments by Segment Warehouse Logistics in 3 millions Sales Consolidated sales Gross profit EBITA EBITA margin (%) EBTA Q Q In the Warehouse Logistics segment, consolidated sales were up 14.8% on the previous year at million. This should be viewed as a particularly positive achievement given that this segment has lost several million euros in sales due to the deconsolidation of Aescudata GmbH (11 million) and the restructuring-related contract terminations during the course of last year. The forecast of million was exceeded by more than 24%. In particular, the segment is seeing a much more positive trend in volumes from new projects won during 23. At 1.79 million, the operating result (EBITA) was slightly lower than in the first quarter of 23, although the disposal of the profitable Aescudata GmbH should be taken into account in comparison here. The segment clearly outperformed its EBITA forecast of 1.49 million.

9 *Outlook IR I-24/ page 7/2 Management Report* Outlook Economic developments Following strong expansion in the first half of this year, the upturn in the growth centers will weaken somewhat. In the USA, growth in total economic production will ease off as the year progresses due to the lack of fiscal stimuli. However, the economy is on a firm enough footing to expand in line with its production potential in 25. Growth in production will also slow down somewhat in East Asia. Last year, the boom in the Chinese economy led to bottlenecks forming in the transport and energy sectors and in the raw materials industries. In order to prevent the economy from overheating any further, economic policymakers are attempting to curb demand by stemming the rise in credit levels. With the global economy continuing to expand at a rapid rate, the euro zone economy will gather momentum, especially as the dampening effects of the euro s appreciation gradually peter out. However, this momentum will not develop into a strong upturn. The reasons for this include subdued outlook for income and employment levels, especially as social security system reforms will have a negative impact on private households over the short term. The leading economic research institutes expect the German economy will continue to pick up, although this trend will only gradually take hold. As the sharp appreciation of the euro is still having repercussions, the impact on exports of the strong growth in the global economy is only slight. If the institutes are correct in assuming that the US dollar will not weaken any further against the euro, this will become less of an obstacle as 24 progresses. The impetus gained from exports will gradually feed through to investment in machinery and equipment, which is likely to pick up considerably despite the dampening effect caused by the fiscal policy. The ongoing expansionary monetary policy and favorable monetary conditions will support this trend. This will have a positive impact on the terms and conditions for corporate financing during the forecast period. This scenario would normally provide the right conditions for a strong upturn, but this is unlikely to happen, mainly because private consumption remains weak. Company developments D.Logistics expects to meet its published forecasts for the current fiscal year of sales of 135 million and an operating result of 18.7 million.

10 Interim Financial Statements* page 8/2 /IR I-24 *Consolidated Income Statement Consolidated Interim Financial Statements Consolidated Income Statement (US GAAP) in 3 thousands Jan. 1, 24 Mar. 31, 24 Jan. 1, 23 Mar.31, 23 * Note / Page Sales 76,57 78,799 1 / 13, 14 Cost of sales (68,268) (71,624) Gross profit 8,32 7,175 Selling expenses (459) (84) General and administrative expenses (6,56) (5,883) Other operating revenue 1,797 2,699 Other operating expenses (2.17) (2,534) EBITA 1, Impairment of goodwill EBIT 1, Interest and similar income Interest and similar expenses (1,479) (1,855) Income (loss) from investments 53 (122) Other financing costs, net (19) Income (loss) from ordinary activities (152) (1,16) Income taxes (63) (345) Income (loss) from ordinary activities before minority interests (755) (1,388) Minority interests (241) 63 Income (loss) from ordinary activities after minority interests (996) (1,388) Income (loss) from discontinued operations (8) Net income (loss) (996) (1,468) Earnings per share in 3 (diluted and basic)** from ordinary activities (.26) (.4) from discontinued operations (.2) from consolidated net income (.26) (.42) Average number of shares outstanding (basic) 38,157,928 34,54,85 Average number of shares outstanding (diluted) 38,633,928 34,98,85 * Following retrospective reclassification as of December 31, 23; see notes to the income statement ** Due to the net loss, the diluted earnings per share correspond to the basic earnings per share [SFAS 128 (95)]. The key is shown inside the back cover

11 *Consolidated Balance Sheet IR I-24/ page 9/2 Interim Financial Statements* Consolidated Balance Sheet (US GAAP) Assets in 3 thousands Current assets Mar. 31, 24 99,49 Dec. 31, 23 98,329 Note / Page Cash and cash equivalents 14,961 16,69 Trade accounts receivable 44,343 47,618 Inventories 21,999 17,852 Other receivables and other current assets 16,123 14,893 Deferred tax assets, current Prepaid expenses 1,16 1,38 Noncurrent assets 137,396 14,84 Property, plant and equipment 79,25 81,452 Goodwill 4,48 42,928 Other intangible assets 5,333 6,418 Financial assets 4,882 2,831 Other receivables and other noncurrent assets 2,76 2,76 Deferred tax assets, noncurrent 4,745 4,55 Total assets 236, ,169 Liabilities and shareholders equity in 3 thousands Mar. 31, 24 Dec. 31, 23 Note / Page Current liabilities 125,32 128,29 Bank loans and overdrafts 37,561 4,85 Other financial liabilities 7,32 7,316 Trade accounts payable 46,62 46,72 Other liabilities 13,328 12,45 * Other accrued expenses 2,549 21,8 Prepaid expenses Noncurrent liabilities 51,946 53,159 Long-term borrowings 36,556 37,889 Other financial liabilities 1,334 9,893 Accrued pension benefits Deferred tax liabilities 3,535 3,76 Prepaid expenses Minority interests 5,15 4,329 Shareholders equity 54,182 53,472 * 2 / 13 Capital stock 38,528 38,528 Additional paid-in capital 177,11 177,11 Accumulated losses (143,344) (142,348) Treasury stock (473) (473) 3 / 13 Accumulated other comprehensive income (17,54) (19,246) Total liabilities and shareholders equity 236, ,169 * Following retrospective reclassification; see also the notes to shareholders equity

12 Interim Financial Statements* page 1/2 /IR I-24 *Consolidated Cash Flow Statement Consolidated Cash Flow Statement in 3 thousands Jan. 1, 24 Mar. 31, 24 Jan. 1, 23 Mar. 31, 23 Note / Page Net loss before minority interests (755) (1,531) Adjustments to reconcile net loss to cash flows from operating activities Minority interests (241) 63 Deferred taxes (76) Loss from discontinued operations (42) Gain (loss) from disposal of property, plant and equipment (149) Other depreciation and amortization charges 2,764 3,266 Changes in working capital Change in trade accounts receivable 3,275 (2,515) Change in inventories (4,147) 2,159 Change in other receivables and other assets (1,23) 2,13 Change in trade accounts payable (82) 2,65 Change in other liabilities 1,337 (2,16) Change in accrued expenses (61) (4,37) Change in other assets/liabilities Net cash provided by (used in) operating activities 731 (832) 4 / 13 Purchase of intangible assets and property, plant and equipment (2,3) (2,62) Proceeds from sale of intangible assets and property, plant and equipment 3,637 Purchase of investments 23 Proceeds from sale of investments 1,8 6,5 Other change in cash and cash equivalents from investing activities (24) Net cash provided by (used in) investing activities 2,618 3,227 4 / 13 Proceeds from short- or long-term borrowings Repayments of borrowings (5,564) (8,274) Repayments of other financial liabilities 157 (358) Net cash provided by (used in) financing activities (4,465) (8,82) 4 / 13 Effect of exchange rate on cash and cash equivalents 8 Change Cash and cash equivalents at the beginning of the period 16,69 19,236 Cash and cash equivalents at the end of the period 14,961 13,549

13 *Statement of Changes in Consolidated Shareholders Equity IR I-24/ page 11/2 Interim Financial Statements* Statement of Changes in Consolidated Shareholders Equity in 3 thousands Capital stock Contributions paid in to implement capital increase Additional paid-in capital Accumulated losses Accumulated other comprehensive income (loss) Cumulative translation adjustment Gain (loss) from fair value measurement of securities Treasury stock Total shareholders equity Balance at Dec. 31, 22 35, ,875 (15,347) (7,357) (1,97) (616) 95,329 Consolidated net income (loss) (1,468) (1,468) Other comprehensive loss (86) (86) Comprehensive loss, total (2,274) Non-cash capital increases 1 (1) Balance at Mar. 31, 23 35, ,875 (16,815) (8,163) (1,992) (616) 93,55 Balance at Dec. 31, 23 38, ,11 (142,348) (17,339) (1,97) (473) 54,128 Restatement * (656) Balance at Dec. 31, 23 38, ,11 (142,348) (17,339) (1,97) (473) 53,472 Net income (loss) for the year (996) (996) Other comprehensive income 1,76 1,76 Comprehensive income, total 71 Balance at Mar. 31, 24 38, ,11 (143,344) (15,633) (1,97) (473) 54,182 * Following retrospective reclassification; see also the notes to shareholders equity

14 Interim Financial Statements* page 12/2 /IR I-24 *Notes to the Consolidated Interim Financial Statements Notes to the Consolidated Interim Financial Statements Basis of preparation The following unaudited consolidated interim financial statements present the operations of D.Logistics AG and its subsidiaries (the Group ). The consolidated financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP) for interim reporting. As a result, they do not contain all the information and disclosures required under US GAAP for full-year consolidated financial statements. The consolidated interim financial statements have not been reviewed by an auditor. In the opinion of the Executive Board, they contain all adjustments necessary to present a true and fair view of the result of operations as of the date of the interim report. The results for the first three months as of March 31, 24 are not necessarily indicative of future results. The accounting policies applied are the same as those used in the most recent full-year consolidated financial statements. A detailed description of these was published in our 23 Annual Report. Scope of consolidation The consolidated financial statements for Q1 23 contained the companies BC&LC N.V., Dexters B.V.B.A., Logmed Dienstleistungs GmbH and Logmed Vertriebs GmbH. These companies were no longer included in consolidation in the 23 annual financial statements; their results for the fiscal year were reported under discontinued operations. The comparative figures for Q1 23 were restated to conform to the classification used for the reporting period. The equity interest in Aescudata GmbH, Winsen (Luhe), was reduced to 43.7% by way of agreements dated November 27, 23 and December 3, 23. The shares were transferred with effect from December 31, 23. Aescudata GmbH was fully consolidated for the last time in the consolidated financial statements as of December 31, 23, and has been included at equity since January 1, 24. In January 24, D.Logistics AG and Global Healthcare Exchange, LLC, resolved the merger of their subsidiaries PLC GmbH and GHX B.V.B.A. D.Logistics AG and GHX, LLC, each hold 5% of the shares in the new company, which is called Global Healthcare Exchange Europe (GHX) GmbH. PLC GmbH was fully consolidated for the last time in the consolidated financial statements as of December 31, 23. Acquisitions and disposals Dexters B.V.B.A. was sold in January 24. It was deconsolidated as of December 31, 23 as its sales of 1.6 million and total assets of 1.5 million were not material. D.Services & Logistics GmbH (Austria) was sold by way of an agreement dated March 3, 24.

15 *Notes to the Consolidated Interim Financial Statements IR I-24/ page 13/2 Interim Financial Statements* 1 Sales The sales reported last year for Q1 23 contain the sales generated by BC&LC B.V.B.A., Dexters B.V.B.A., Logmed Dienstleistungs GmbH and Logmed Vertriebs GmbH (see the notes on the scope of consolidation), which were deconsolidated for the full year in the 23 financial statements. The figures for Q1 23 have been adjusted accordingly. Further details on our sales are contained in the segment reporting. 2 Shareholders equity The 1656 thousand contributed to implement an increase in capital from authorized capital that was reported under shareholders equity in previous years was reclassified to the Other liabilities item. The reclassification was also performed retrospectively as of December 31, 23. At the same time, the contribution was reduced from 1656 thousand to 119 thousand due to an amendment to the contracts in Q Treasury stock Treasury stock developed as follows: Number of shares Carrying amount (1 thousands) Mar. 31, , ,51 Dec. 31, , ,51 Dividend No dividend was distributed in the first three months of Cash flow statement The cash flow statement presents the origin and utilization of the cash flows for the first three months of fiscal years 23 and 24. As a result, it is of material importance for assessing the financial position of the D.Logistics Group. The cash and cash equivalents reported in the cash flow statement correspond to the Cash and cash equivalents item in the balance sheet. Net cash provided by operating activities amounted to 1731 thousand. Net cash provided by investing activities amounted to 12,618 thousand. This clearly positive figure contains 11,8 thousand from the sale of investments and 12,45 thousand from the disposal of a non-operating property. Net cash used in financial activities amounted to 14,465 thousand. This negative figure was due to the further reduction in the indebtedness of the D.Logistics Group.

16 Interim Financial Statements* page 14/2 /IR I-24 *Notes to the Consolidated Interim Financial Statements 1 Segment information The segments for the D.Logistics Group were reclassified with effect from the end of 23. Further details can be found in the 23 Annual Report. The figures given in the segment reporting for Q1 23 have been adjusted for the following companies that were deconsolidated for full-year 23: BC&LC N.V., Dexters B.V.B.A., Logmed Dienstleistungs GmbH and Logmed Vertriebs GmbH. in 3 thousands Consumer Goods Packaging Industrial Goods Packaging Warehouse Logistics Holding company Consolidation Group Q1 24 External sales 31,973 22,688 21, ,57 Intragroup sales 1,686 3, (6,49) Total sales 33,659 26,685 22, (6,49) 76,57 Gross profit 3,85 1,36 3, (228) 8,31 EBITA 148 1, (842) 1,117 Assets 122,197 66,713 54, ,56 (222,522) 236,445 Depreciation and amortization 1, ,764 Investments 1, ,3 Q1 23 External sales 35,526 24,216 19, ,799 Intragroup sales 339 2, (3,738) Total sales 35,865 26,519 19, (3,737) 78,799 Gross profit 2,59 3,33 1, (758) 7,175 EBITA (344) 1,11 94 (1,54) 616 Assets 139,134 7,122 54, ,84 (16,938) 3,974 Depreciation and amortization 1, ,237 Investments , ,67 Goodwill by segment The following table gives the allocation of goodwill by segment. in 3 thousands Consumer Goods Packaging Industrial Goods Packaging Warehouse Logistics Total Net carrying amount as of Dec. 31, 23 11,35 24,383 7,24 42,928 Additions Currency translation adjustments Impairment losses Disposals (732) (1,38) (1,24) (3,28) Reclassifications Net carrying amount as of Mar. 31, 24 11,45 23,75 6, 4,48

17 *Supplementary Disclosures IR I-24/ page 15/2 Interim Financial Statements* Executive Board and Supervisory Board There were no changes to the composition of the Executive Board and Supervisory Board in the first three months of 24. Shareholdings of executive body members The number of shares held by members of the Executive Board amounted to 12,362,46 no-par value shares as of March 31, 24. The number of options held by members of the Executive Board amounted to 43,334 as of March 31, 24. The members of the Supervisory Board do not hold any shares or options on shares of D.Logistics AG. The individual holdings of the Executive Board members are as follows: No-par value shares as of Mar. 31, 24 No-par value shares as of Dec. 31, 23 Options as of Mar. 31, 24 Options as of Dec. 31, 23 Executive Board Detlef W. Hübner 11,595,38 13,424,62 1, 1, Andreas Bargende 383, ,333 16,667 16,667 Thomas Schwinger-Caspari 383, ,333 16,667 16,667 Total 12,362,46 14,9,728 43,334 43,334 Directors dealings In January 24, Detlef W. Hübner sold 2.1 million shares via a private placement. In the course of this transaction, Executive Board members Andreas Bargende and Thomas Schwinger-Caspari each acquired 5, shares from Mr. Hübner.

18 Interim Financial Statements* page 16/2 /IR I-24

19 Financial Calendar* May *Interim Report I/24 June *General Meeting, Location: Kurfürstliches Schloss, Mainz August *Interim Report II/24 November *Interim Report III/24 April 2 25 *Annual Report 24 Key Basis preparation Scope of consolidation Notes to the consolidated income statement Notes to the consolidated balance sheet Notes to the consolidated cash flow statement Segment information Supplementary disclosures Contact D.Logistics AG Rainer Monetha Head of Investor & Public Relations Phone: +49 () Fax: +49 () Publication Details Publisher: D.Logistics AG Johannes-Gutenberg-Strasse Hofheim (Wallau) Germany Phone: +49 () Fax: +49 () Internet: Concept and Design: FIRST RABBIT GmbH, Cologne

20 D.Logistics AG Johannes-Gutenberg-Strasse Hofheim (Wallau) Germany Phone: +49 () Fax: +49 () Internet: ** /24

DEUFOL SE JOHANNES-GUTENBERG-STR. 3 5 65719 HOFHEIM (WALLAU), GERMANY PHONE: + 49 (61 22) 50-00 FAX: + 49 (61 22) 50-13 00 WWW.

DEUFOL SE JOHANNES-GUTENBERG-STR. 3 5 65719 HOFHEIM (WALLAU), GERMANY PHONE: + 49 (61 22) 50-00 FAX: + 49 (61 22) 50-13 00 WWW. SEMI-ANNUAL REPORT 5 Key Figures for the Deufol Group figures in thousand 6M 2015 6M 2014 Results of operations Revenue (total) 152,088 141,450 Germany 83,770 77,730 Rest of the World 68,318 63,720 International

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