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FMS Neutral Sentiment Score: 60/100

Leif Heussen T +49 6172 608-4030 leif.heussen@fresenius.com Contact for analysts and investors Dr. Dominik Heger T +49 6172 609-2601 dominik.heger@fmc-ag.com www.freseniusmedicalcare.com Under

Key Takeaway: Fresenius Medical Care AG & Co. KGaA (FME) is focusing on a transformational turnaround, as stated by CEO Helen Giza during the Annual General Meeting. Shareholders approved a dividend proposal of 1.12, reflecting a 17 percent decrease from the previous year. The company emphasizes its unique position in global kidney care and aims to enhance patient outcomes through predictive analytics and improved medical algorithms. However, potential risks such as regulatory changes and ongoing economic conditions remain a concern for future performance.

Market Sentiment Analysis

POSITIVE FACTORS

  • Fresenius Medical Care is on a defined path for a transformational turnaround.
  • CEO Helen Giza expresses excitement about the strategic roadmap.
  • A significant shareholder majority approved the dividend proposal.
  • Fresenius Medical Care aims to remain the partner of choice in kidney care.

CONCERNS & RISKS

  • Dividend proposal reflects a reduction by 17 percent compared to the previous year.
  • Risks and uncertainties related to forward-looking statements are acknowledged.
  • Potential impacts from COVID-19, legal changes, and regulatory approvals could affect performance.

Full Press Release Details

Under the U.S. Securities
Act of 1933, as amended (the "Securities Act"), this press release may be deemed to be offering material of Fresenius Medical
Care AG & Co. KGaA ("FME"). FME has filed a registration statement on Form F-4 under the Securities Act with the U.S.
Securities and Exchange Commission (the "SEC"), including an information statement/prospectus constituting a part thereof.
FME SHAREHOLDERS ARE URGED TO READ THE REGISTRATION STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE
SEC, INCLUDING THE INFORMATION STATEMENT/PROSPECTUS THAT IS PART OF THE REGISTRATION STATEMENT, AS THEY BECOME AVAILABLE, BECAUSE THEY
CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE PROPOSED CONVERSION DESCRIBED THEREIN. The final information statement/prospectus
will be distributed to FME shareholders. Shareholders may obtain a free copy of the disclosure documents (when they are available) and
other documents filed by FME with the SEC at the SEC's website at www.sec.gov or from Fresenius Medical Care AG & Co. KGaA,
Attention: Investor Relations, Else-Kr ner-Stra e 1, 61352 Bad Homburg v.d.H., Germany.
Annual General Meeting of Fresenius
Medical Care: Company on clearly defined path to transformational turnaround and to further unlocking value as leading kidney care company
Fresenius Medical Care, the world's leading provider of products
and services for individuals with renal diseases, is on a defined path of turning around the performance, and has outlined its
strategy, as Helen Giza, CEO of Fresenius Medical Care, reported at today's Annual General Meeting. "Our strategic
roadmap starts with having an optimal structure in place", Giza said in her speech to the shareholders, referring to the new
operational model, which is in effect since January 1, 2023, and the proposed change of the legal form, which will be decided upon
in an extraordinary general meeting on July 14, 2023. "We are just at the beginning of a new chapter in Fresenius Medical
Care's history, and I am energized and excited about our clear transformational turnaround plan under execution, supported by
our 125,000 employees around the world. By 2025, Fresenius Medical Care will not only be a more agile and more resilient company,
but also remain the partner of choice, setting the standard in kidney care with industry leading returns."
"There is no other global healthcare company with our expertise,
scope, and scale in kidney care. Fresenius Medical Care is uniquely positioned to meet the demands for kidney care on a global basis",
Helen Giza said. "Today, our predictive analytics capabilities and continuous enhancement of medical algorithms are key parameters
for improving the quality of outcomes and quality of life for our patients."
A large shareholder majority of 99.9 percent approved the dividend
proposal of 1.12, which reflects a reduction by 17 percent compared to the previous year, in line with the policy to align dividend
payments with earnings development.
Shareholder majorities of 99.09 and 91.46 percent, respectively, approved
the actions of the General Partner and the Supervisory Board in 2022.
At the Annual General Meeting, 87.12 percent of the registered capital
was represented. The meeting again was held as a purely virtual event.
Care is the world's leading provider of products and services for individuals with renal diseases of which around 3.9 million patients
worldwide regularly undergo dialysis treatment. Through its network of 4,060 dialysis clinics, Fresenius Medical Care provides dialysis
approximately 343,000 patients around the globe. Fresenius Medical Care is also the leading provider of dialysis products
such as dialysis machines or dialyzers. Fresenius Medical Care is listed on the Frankfurt Stock Exchange (FME) and on the New York Stock
For more information visit the Company's
This release contains
forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described
in these forward-looking statements due to various factors, including, but not limited to, changes in business, economic and competitive
conditions, legal changes, regulatory approvals, impacts related to COVID-19, results of clinical studies, foreign exchange rate fluctuations,
uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties
are detailed in Fresenius Medical Care AG & Co. KGaA's reports filed with the U.S. Securities and Exchange Commission. Fresenius
Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.

Frequently Asked Questions

What is Fresenius Medical Care's main focus?

Fresenius Medical Care specializes in products and services for renal disease patients.

When was the new operational model implemented?

The new operational model took effect on January 1, 2023.

What was the approved dividend for Fresenius Medical Care?

The approved dividend is 1.12, reflecting a 17% reduction from the previous year.

How many dialysis patients does Fresenius serve worldwide?

Fresenius Medical Care provides dialysis for approximately 343,000 patients globally.

Where can shareholders access important documents?

Shareholders can find documents at www.sec.gov or contact Investor Relations at Fresenius.

Last updated: May 16, 2023