Diebold Nixdorf Emerges from Bankruptcy

Financial Restructuring Completed

HUDSON, Ohio (July 13, 2023)

Diebold Nixdorf (NYSE: DBD) today confirmed that it has completed its financial restructuring. The announcement comes after the company filed for Chapter 11 bankruptcy in Texas in April 2023.

The restructuring plan, approved by the U.S. Bankruptcy Court for the Southern District of Texas, involved a debt-for-equity swap that reduced Diebold Nixdorf's debt by approximately $1 billion. The company also secured new financing to support its operations.

"We are pleased to have successfully completed our financial restructuring," said Gerrard Schmid, CEO of Diebold Nixdorf. "This process has enabled us to strengthen our financial position and emerge from Chapter 11 as a stronger and more agile company."

Diebold Nixdorf is a leading provider of financial self-service and security solutions. The company operates in over 100 countries and has more than 22,000 employees.

About Diebold Nixdorf

Diebold Nixdorf, Inc. is a leading provider of financial self-service and security solutions. The company manufactures and sells automated teller machines (ATMs), point-of-sale (POS) systems, and physical and logical security solutions. Diebold Nixdorf operates in over 100 countries and has more than 22,000 employees. For more information, visit www.dieboldnixdorf.com.