Wedel (Holst.), November 13, 2023

The research houses Montega AG and NuWays by Hauck Aufhäuser Lampe have published updates on the Nynomic share on the occasion of the publication of the business figures of Nynomic AG as of September 30, 2023.

The sales and earnings growth in the third quarter and the visibility of achieving the annual targets in a very dynamically expected fourth quarter are emphasized.

In view of the current market environment, the price target for the Nynomic AG share has been slightly adjusted to 54.00 Euro and 53.00 Euro respectively.

This results in a current upside potential of around 80% for the share based on the buy recommendation.

Please find the research updates herewww.nynomic.com.

About Nynomic

Nynomic AG is an internationally leading manufacturer of products for permanent, non-contact and non-destructive optical measurement technology. The products and services of the Nynomic Group are based on a wide range of intelligent sensors for measuring optical radiation and smart technologies for data acquisition, processing and evaluation. They can be scaled into different application areas and represent high efficiency increase and high customer benefit due to their good adaptability to customer processes. Miniaturization, digitization, automation - Nynomic consistently uses the constant technological change as the basis for above-average growth in the medium term compared to the market. The Nynomic Group has a clear marketing concept as a full-service provider from component to solution. It is globally positioned with independent brands and subsidiaries and around 500 employees.

This is a translation of the original German ad hoc announcement/ corporate press release. Only the original German ad hoc announcement/ corporate press release is binding. No liability is accepted for the correctness of the translation.

More information on the company is available on the corporate website atwww.nynomic.com.

Nynomic AG

Am Marienhof 2

22880 Wedel

Germany

www.nynomic.com

For further inquiries:

Jochen Fischer

FISCHER RELATIONS

Neuer Wall 50

D - 20354 Hamburg
phone: + 49(0)40 822 186 380
fax: + 49(0)40 822 186 450
info@fischer-relations.de

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Nynomic AG published this content on 13 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 November 2023 09:43:04 UTC.