Baader Bank AG / DE0005088108

Baader Bank issues statement on change in competitive situation Baader Bank's cooperation partner Scalable Capital announced today that the company will operate with a new and expanded business model from now on.  This step results in a new competitive market environment for Baader Bank, as the cooperation partner will be able to provide services comparable to Baader Bank from a regulatory perspective. This step will not have any immediate impact on Baader Bank's account and securities account customers who are currently linked to Scalable Capital. Baader Bank will publish a detailed press release in due course.             For further information and media inquiries: Marlene Constanze Hartz Senior Manager Group Communication T +49 89 5150 1044
marlene.hartz@baaderbank.de   Baader Bank AG Weihenstephaner Strasse 4 85716 Unterschleissheim, Germany https://www.baaderbank.de     Next dates: 24/08/2024  Börsentag Zurich 07/09/2024  Börsentag Berlin 23-26/09/2024   Baader Investment Conference 2024     About Baader Bank AG: Baader Bank is one of the leading European partners for investment and banking services. Trading and banking are combined using a single powerful platform that offers a unique setup and optimum access to the capital market using a secure, automated and scalable approach. As a family-run full-service bank with its headquarters in Unter-schleissheim near Munich, Baader Bank AG employs around 550 staff members and operates in Market Making, Capital Markets, Brokerage, Fund Services, Account Services and Research Services.