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Shelly Group SE in Talks with Schneider Electric for Potential Tender Offer

Shelly Group SE has confirmed preliminary discussions with Schneider Electric about a possible tender offer for its shares. This follows media reports regarding a potential transaction involving the company. The outcome of these discussions remains uncertain, and there is no guarantee an offer will materialize. Shelly Group has not disclosed further details about the terms or timing of any potential offer.

The company has committed to making additional announcements as required by regulatory obligations. Currently, Shelly Group operates within the regulated markets in Frankfurt and several other German cities.

Investors have been directed to Shelly Group's corporate website for more information. Cross Alliance communication GmbH has been identified as the investor relations contact for further inquiries.

R. H.

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