Baden-Baden, October 24, 2022: GRENKE AG, a global financing partner for small and medium-sized enterprises, was rated by Fitch Ratings for the first time. GRENKE received an investment grade rating of "BBB" with a stable outlook (Fitch rating level "BBB/stable/F2").

GRENKE CFO Dr Sebastian Hirsch commented: "We are pleased that another renowned rating agency has awarded us an investment grade rating and has recognised the strengths of our business model. This rating also underlines our intention to provide the greatest possible transparency to the capital market."

As recently as August 2022, S&P Global Ratings confirmed its "BBB+/Negative/A-2" long-term and short-term issuer rating for GRENKE AG. With the assessment of another rating agency, the Company has reaffirmed its ambitions on the capital market.

Please find the link to the press release from Fitch Ratings here: https://www.fitchratings.com/site/pr/10216609

For further information, please contact:

GRENKE AG
Team Investor Relations
Neuer Markt 2
76532 Baden-Baden
Phone: +49 7221 5007-204
E-Mail: investor@grenke.de
Internet: www.grenke.com

Press
Stefan Wichmann
Neuer Markt 2
76532 Baden-Baden
Phone:  +49 (0) 171 20 20 300
E-Mail: presse@grenke.de