Endor AG Enters Negotiations for Standstill Agreement with Lending Banks

Endor AG, a company based in Landshut, announced that it has initiated negotiations with its lending banks. The discussions focus on reaching a standstill agreement regarding the existing loans that the company has until June 30, 2024. The proposition for the standstill agreement is presently under specific conditions. These conditions will be deliberated by the Endor Supervisory Board at a meeting scheduled for today. Depending on the outcome of this meeting, it is possible that a resolution might be passed concerning the agreement's terms.