PRESS RELEASE : paragon to Use FSD Technology From Voltabox in Automotive Segment

DGAP-News: paragon GmbH & Co. KGaA / Key word(s): Alliance/Mergers & Acquisitions 
paragon to Use FSD Technology From Voltabox in Automotive Segment 
2021-03-24 / 07:00 
The issuer is solely responsible for the content of this announcement. 
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paragon to Use FSD Technology From Voltabox in Automotive Segment 
- Comprehensive cooperation with an industrial battery manufacturer being reviewed as part of the partial sale of 
Voltabox 
Delbrück, March 24, 2021 - paragon [ISIN DE0005558696] is now planning to enter the electromobility market even with 
its Automotive business. With the help of the new Flow-Shape-Design (FSD) technology from its subsidiary Voltabox, a 
variety of lithium-ion battery systems are set to be offered for the automotive market. paragon is planning to license 
the FSD technology and thus help Voltabox achieve a breakthrough. This will create significant synergies between 
paragon and Voltabox for the first time. Until now, Voltabox has mainly marketed its battery systems for industrial 
uses and buses. 
Meanwhile, the discussions on a partial sale of Voltabox shares owned by paragon will take a few weeks longer than 
originally planned. As reported, paragon GmbH & Co. KGaA and a Swiss investor group signed a letter of intent (LoI) for 
the acquisition of Voltabox share blocks in December of last year. The originally envisaged transaction structure will 
in all likelihood be expanded; in addition to the planned investment, it is now also being negotiated that a large 
industrial battery manufacturer, whose shareholder is one of the Swiss investors, will enter into a comprehensive 
cooperation with Voltabox AG. The basic features of the cooperation have already been agreed. Valuation issues and the 
financing of the transaction still need to be discussed. 
Profile: paragon GmbH & Co. KGaA 
paragon GmbH & Co. KGaA (ISIN DE0005558696), which is listed in the regulated market (Prime Standard) of the Frankfurt 
Stock Exchange, develops, produces and distributes forward-looking solutions in the field of automotive electronics, 
body kinematics and e-mobility. As a market-leading direct supplier to the automotive industry, the company's portfolio 
includes the Electronics operating segment's innovative air-quality management, state-of-the-art display systems and 
connectivity solutions, and high-end acoustic systems. In the Mechanics operating segment, paragon develops and 
produces active mobile aerodynamic systems. In addition, the Group holds a stake in Voltabox AG (ISIN DE000A2E4LE9), a 
subsidiary that is also listed on the regulated market (Prime Standard) of Deutsche Börse AG in Frankfurt a.M., which 
is active in the rapidly growing electromobility segment with cutting-edge lithium-ion battery systems developed 
inhouse. 
In addition to the company headquarters in Delbrück (North Rhine-Westphalia, Germany), paragon GmbH & Co. KGaA and its 
subsidiaries operate sites in Suhl (Thuringia, Germany), Landsberg am Lech, Neu-Ulm and Nuremberg (Bavaria, Germany), 
St. Georgen (Baden-Württemberg, Germany), Limbach (Saarland, Germany), Aachen (North Rhine-Westphalia, Germany) as well 
as in Kunshan (China), Oroslavje (Croatia) and Austin (Texas, USA). 
Additional information about paragon can be found at www.paragon.ag. 
Capital Market & Press Contact 
paragon GmbH & Co. KGaA 
Stefan Westemeyer 
Bösendamm 11 
33129 Delbrück, Germany 
Phone: [phone] 
Fax: [phone] - 97 62-63 
Email: [e-mail] 
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2021-03-24 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      paragon GmbH & Co. KGaA 
              Bösendamm 11 
              33129 Delbrück 
              Germany 
Phone:        [phone] - 0 
Fax:          [phone] - 60 
E-mail:       [e-mail] 
Internet:     www.paragon.ag 
ISIN:         DE0005558696, DE000A2GSB86, 
WKN:          555869, A2GSB8, 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1177780 
 
End of News   DGAP News Service 
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1177780 2021-03-24

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March 24, 2021 02:02 ET (06:02 GMT)