Hydratec Industries N.V.

Post-Annual General Meeting Information • Aug 15, 2024

This is a press release by Hydratec Industries N.V. ("Hydratec Industries") in connection with the public offer by Hydra Invest B.V. (the "Offeror"), a direct wholly-owned subsidiary of Ten Cate Investeringsmaatschappij B.V. ("TCIM"), for all the issued and outstanding ordinary shares in the capital of the Company (the "Offer"). This press release does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities in Hydratec Industries. This press release does not constitute a prospectus. The Offer is made only by means of the offer document dated 28 June 2024 (the "Offer Document") which constitutes an offer memorandum (biedingsbericht) for the purposes of the Offer and a prospectus for the purposes of the offer by the Offeror of non-listed ordinary shares in the capital of the Offeror pursuant to the election of the Share Consideration, which has been approved by the Dutch Authority for Financial Markets (Stichting Autoriteit Financiële Markten), subject to the conditions and restrictions set forth therein. Capitalized terms not defined in this press release have the same meaning as given thereto in the Offer Document.

PRESS RELEASE

Hydratec Industries Extraordinary General Meeting adopts all resolutions in relation to the recommended voluntary public offer by Hydra Invest B.V.

14 August 2024

AMERSFOORT – Today Hydratec Industries N.V. held an extraordinary general meeting of shareholders at which, among other matters, the Offer was discussed, and the resolutions in relation the Offer were voted on (the "EGM").

Resolutions

The EGM has adopted all resolutions in relation to the Offer, including the approval of the Post-Closing Merger and Sale and the appointments of both Mr. D. Raithel and Ms. J. ten Cate to the Supervisory Board. The resolutions are subject to the conditions precedent as mentioned in the agenda for the EGM and will take effect from the time specified therein. At the EGM, 94% of the total issued share capital of Hydratec Industries was represented.

The voting results of the EGM will be published on the Company's website: https://www.hydratec.nl. Draft minutes of the EGM will be published no later than three months from the date of this press release.

Offer period

The Offer Period expires at 17:40 hours CEST on 23 August 2024 (unless extended). Shareholders wishing to tender their Shares are requested to make their acceptance of the Offer, including any election of the Share Consideration (to the extent applicable), known through their custodian, bank or stockbroker. The custodian, bank or stockbroker may set an earlier deadline for communication by holders of such Shares in order to permit the custodian, bank or stockbroker to communicate acceptances to ABN AMRO's Corporate Broking & Issuer Services as the settlement and exchange agent (the Settlement Agent) in a timely manner. Accordingly, a Shareholder should contact its financial intermediary to obtain information about the deadline by which such Shareholder must send instructions to the financial intermediary to accept the Offer and should

comply with the dates set by such financial intermediary, as such dates may differ from, and be earlier than, the dates and times noted in the Offer Document.

Hydratec Industries N.V. is listed on the Euronext Amsterdam stock exchange (ISIN NL0009391242, ticker: HYDRA).

For more information, please contact:

Ir. Bart Aangenendt CEO Hydratec Industries N.V. Phone: +31 33 469 73 25 E-mail: info@hydratec.nl Website: www.hydratec.nl

General restrictions

The information in this press release is not intended to be complete.

The distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, the Offeror and Hydratec Industries disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither Hydratec Industries, nor the Offeror, nor any of their advisers assume any responsibility for any violation by any person of any of these restrictions. Shareholders in any doubt as to their position should consult an appropriate professional adviser without delay. This announcement is not for release, publication or distribution, in whole or in part, in or into, directly or indirectly, in any jurisdiction in which such release, publication or distribution would be unlawful.