Original-Research: Mister Spex SE (von Quirin Privatbank Kapitalmarktgeschäft): Hold

Original-Research: Mister Spex SE - from Quirin Privatbank Kapitalmarktgeschäft 08.05.2026 / 10:25 CET/CEST Dissemination of a Research, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this research. The result of this research does not constitute investment advice or an invitation to conclude certain stock exchange transactions. Classification of Quirin Privatbank Kapitalmarktgeschäft to Mister Spex SE Company Name: Mister Spex SE ISIN: DE000A3CSAE2   Reason for the research: update Recommendation: Hold from: 08.05.2026 Last rating change: Analyst: Ralf Marinoni Strong increase in gross margin Mister Spex delivered Q1-26 figures that reflect a reduced sales volume and higher margins, but still negative on bottom line. The company confirmed its FY 2026 guidance. As a result, we leave estimates, recommendation and TP unchanged.   You can download the research here: MISTER_SPEX_20260507k For additional information visit our website: https://research.quirinprivatbank.de/ Contact for questions: Quirin Privatbank AG Institutionelles Research Schillerstraße 20 60313 Frankfurt am Main [e-mail] https://research.quirinprivatbank.de/ The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. View original content: EQS News

2323996  08.05.2026 CET/CEST