Milestones All beginnings are difficult, but the momentum is increasing. We think that's a good thing, the motivation is high. Timeline of the BAL 07/2022 Shareholder loan 500 k EUR Capital increase to 2,000 k EUR (preferred) 02/2020 Capital increase to 1,600 k EUR (preferred) 08/2019 01/2019 IPO, third market, Vienna Stock Exchange Capital increase to 1,300 k EUR (preferred) 11/2018 Capital increase to 800 k EUR 10/2018 10/2018 Introduction of preferred shares Capital increase to 600 k EUR 05/2018 Capital increase to 550 k EUR 07/2017 02/2015 Conversion into a stock corporation Capital increase to 50 k EUR 12/2014 Share capital 25 k EUR 02/2014 Foundation of B-A-L Germany GmbH