1.  Introduction

As part of the spin-off of Aumovio SE from Continental AG, subject to the issuer's admission to the Regulated Market (Prime Standard), we hereby inform you about the procedure for the first price determination on trading venue Xetra (MIC: XETR) for shares of Aumovio SE on 18 September 2025.

First trading day: 18 September 2025

2.  Required action

Trading Participants have to make sure that the Product Assignment Group of the new instrument is assigned to their trader groups.

3.  Details of the first price determination

The following trading parameters will apply:

Trading model: Continuous Trading

Effective 19 September 2025, Aumovio SE shares will be assigned to the Product Assignment Group GER0.

Please note that the market opening for the Aumovio SE share will take place in parallel to the Continental AG share. Please refer to the paragraph below or the table with the schedule for the first price determination for details.

Pre-trading on the first trading day will start from 07:30 CE(S)T. The call phase for the first auction (Opening Auction - Opening Auction Call; display in Xetra: “OpnA”) will start at 08:50 CE(S)T and will last at least 10 minutes. Consequently, the first price determination on Xetra trading will take place not earlier than 09:00 CE(S)T.

The following will apply to the Opening Auction:

During the Opening Auction Call Phase, if the order book is crossed, the indicative auction price, auction volume and auction surplus (volume and side) will be displayed. If the order book is not crossed during the Opening Auction Call Phase, the best bid limit and the best ask limit with their respective volumes will be displayed.

Once the Opening Auction concludes, Continuous Trading will commence.

Please note the following special procedures:

• Orders entered with trading restriction “OAO” (Opening Auction only) will only be considered in the first auction of the exchange trading day, i.e. in the first price determination for the shares. Orders entered with trading restriction “AOO” (Auction only) will be considered in the opening auction, the intraday auction and the closing auction.
• The usual safeguards in Xetra (MIC: XETR) will also be applied in the Opening Auction. Therefore, a volatility interruption may occur following the Auction Call Phase.
• The intraday auction starts at 13:00 CE(S)T and takes at least two minutes.
• If an exceptional number of orders is executed in any one auction, it may lead to delays in processing confirmations.
• Moreover, the “Market Model for the Trading Venue Xetra^®” applies.

Treatment regarding the DAX^® index:

Following the spin-off of Aumovio SE from Continental AG, an adjustment to the DAX^® index is required. On 18 September 2025, the Aumovio SE share will be included for one day in the DAX^® index in order to ensure that investors are able to track the index. 

After close of trading, the Aumovio SE share will be removed from the DAX^® index and the weighting of the Continental AG share will be adjusted accordingly.

Schedule for the first price determination for shares of Aumovio SE on 18 September 2025 trading venue Xetra (MIC: XETR):

* CE(S)T = Central European (Summer) Time. The actual changes of trading phases in the Xetra trading system are decisive.

Further information