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GERMAN FINANCIAL
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Resolution of the Annual General Meeting of August 26, 2021

The Annual General Meeting passed the following resolutions on August 26, 2021 with 100% of the votes.

ESTABLISHMENT OF A BRANCH IN GERMANY
GERMAN FINANCIAL HOLDING INC. will set up a branch in Germany, which is scheduled to start operations in 2021.

ESTABLISHMENT OF ASIA/THAILAND BRANCH
GERMAN FINANCIAL HOLDING INC. will set up a branch in Thailand, which should start work no later than the first quarter of 2022. The falling real estate prices due to the Covid crisis should also be used for the subsidiary Immoreal24/London to get started. In addition, the subsidiary DON-PLAZA is to expand the operation and management of hotel facilities.

ESTABLISHMENT OF FURTHER BRANCHES
GERMAN FINANCIAL HOLDING INC. will set up further branches worldwide, insofar as it is useful for the development and expansion, also for the 100% group-owned subsidiaries.

CAPITAL INCREASE
GERMAN FINANCIAL HOLDING INC. The share capital may increase from currently USD 250,000,000.00 once or several times by up to USD 50,000,000.00 to USD 300,000,000.00 by December 31, 2023 by issuing up to 50 million shares with a notional value of USD 1 per share.
The respective bases are to be verified in a "Stock Subscription Agreement". Until there is an official listing on an internationally recognized stock exchange, shares from the capital increase may only be issued to private investors. With an official stock exchange listing, this approval for the capital increase automatically expires on the day the price is first determined at the relevant stock exchange.

GERMAN FINANCIAL HOLDING INC.
EXECUTIVE BOARD/SUPERVISORY BOARD
Current Management Board Report September 2021

German Financial Holding - Numoros Group - Immoreal 24 - Don Plaza Hotels - Travel Planet 24 - Clubber Energy

The Corona or Covid pandemic has been overshadowing the whole world for well over 1.5 years. What began in China has spread systematically and deadly to the most remote corners of the earth. Over 215 million people have been infected in over 190 countries and over 4.5 million people have already died. We will still be struggling with the effects decades after the pandemic. The group of companies around German Financial Holding also suffered severe losses and was unable to meet the targets set. We were also hit by other factors, the scope of which we can only assess today. Constant demonstrations for democracy and freedom in Hong Kong also led to the current security law, which we can neither accept nor implement in the long term without significant restrictions.

The Management Board, Supervisory Board and main shareholder therefore voted in favor of relocating the headquarters at an early stage.
We are sticking to the change of location, but with regard to Covid, its further effects on trade and other safety factors, we will now establish branches on individual continents, which will then be able to better control the business process in the respective countries.

The NL will be established in Singapore for the Asian area and in Germany for the European market. Existing branches of individual subsidiaries, such as Immoreal24-London, will in future be controlled by the branches of German Financial Holding.
All internet activities of the group are combined under the core brand "NUMOROS".

The transfer of all existing assets, corporations and/or naming rights have already been transferred to the parent company at a total cost of US$250,000,000.00.

We will report separately here in the next few days.

German Financial Holding
Board of Directors
Report of the Board of Directors October 15, 2021
German Financial Holding - Numoros Group - Immoreal 24 - Don Plaza Hotels - Travel Planet 24 - Clubber Energy - Hatelco

As already announced in our report of September 8th, 2021, all assets were sold to German Financial Holding Inc. by means of a contribution agreement.

The share capital has grown to a total of USD 250 million and is divided into 250 million shares with a notional par value of USD 1 per share.

German Financial Holding Inc. now owns all trademark rights, naming rights and all shares in the companies belonging to the group. This also includes the entire Numoros group with currently approx. 1 billion members and data sets in 125 countries.

The European branch has already been established and will start work as soon as the registration in the commercial register has been made. The registration and the start of business activities will take place in the current year 2021.

It is not yet certain whether there will be a first round of financing prior to a stock market listing. If this is passed positively, placement would only be possible after further weakening of the Covid pandemic and quarantine free entry.

German Financial Holding
Board of Directors
Resolution of the Management Board on the capital increase of August 26, 2021
11/05/2021
 

The Management Board refers to the resolution of the Annual General Meeting of August 26, 2021 to increase the share capital of German Financial Holding Inc. once or several times by up to USD 50 million by December 31, 2023 by issuing up to 50 million shares with a notional value of $1 per share each to an existing share capital of $300 million.

The Board of Directors will issue up to 10 million shares with a notional value of USD 1 per share in a single financing round.
The basis is the Articles of Association of German Financial Inc. and the Articles of Association of the State of Florida 607.0621 "Issuance of Shares".
The issue price will be published by the committees of German Financial Holding Inc. by November 30, 2021 together with the "Stock Subscription Agreement" (stock subscription agreement) and the intended use of the funds.

All assets from the contribution agreement should also be transferred by November 30, 2021. The seller and sole shareholder of German Financial Holding Inc. has transferred all 31 domains of the companies and holdings to German Financial Holding Inc./USA. The majority of the patents and trademark rights have already been transferred. The company has now received confirmation from the registering authorities.

German Financial Holding Inc. did not apply for or receive any state funds during the current Corona Pandemic from March 2020 to October 2021 and is still completely debt-free.

German Financial Holding
Board of Directors
Initial share price at $4.25
11/28/2021
 

The board of directors and the supervisory board set the issue price for shares in German Financial Holding Inc. (GFH) for the first round of financing.
The share price is fixed at $4.25 per share. The value of German Financial Inc. with all its holdings is currently estimated at over USD 1.06 billion.

The actual value range of the share is already many times higher.

At Numoros Group, a trademark 100% owned by
GFH, a nominal value of USD 1 per existing data set was applied, which already exceeds the sum of USD 1 billion.

Depending on the industry, the value of data sets can also be assessed at different prices. While shopping records are priced at around $84, travel records are priced at as low as $251.
All well-known companies and auditors assume an average price of 89 USD per data record.
Data trading has already surpassed $200 billion annually and continues to grow every year. The constantly growing area of ​​​​Internet sales and the still acute Corona Pandemic have even allowed the area to grow exorbitantly, as trade and purchases on the Internet are increasing.

GFH will use around 50% of the proceeds from the current round of financing for the further expansion of the Numoros Group. In the future, the data will be distributed across many different segments and over 10,000 servers. The expansion of the platform and the purchase of country-based data are to be expanded. By the end of 2023, the data sets are expected to double to 2 billion in 180 countries. Since only data records from companies have been taken over so far, this will also be extended to the private sector from 2022.

A further 50% of the income from the financing round will be used in the areas of food and beverages with the Clubber-Energy trademark, hotels with the Don Plaza trademark, travel with the Travel Planet24 trademark, real estate with Immoreal24 and the areas of renewable energies and finance.

GFH will expand the business field to the continents, Europe, Asia, Africa, North America, South America and Australia.

The branch responsible for Europe has already been opened in Germany. Asia is to follow with a branch and production site in Thailand or Cambodia. South America, Australia and Africa are to follow by mid-2023.

The Board anticipates an additional capital requirement of more than US$100 million in the coming years. This capital is to be generated by way of a stock exchange listing.

The negotiations had been broken off during the Corona Pandemic.

German Financial Holding Inc. intends to achieve a balanced result as early as 2023 after the development and expansion of the IT area and the start of nationwide self-promotion as well as advertising areas for third parties.

German Financial Holding Inc. is characterized by more than 5 years of development work, market analyzes and will also be able to operate completely debt-free by December 31, 2021. This also gave us the opportunity to continue the strategy during the acute corona pandemic.

If the ongoing negotiations for a direct stock exchange listing, through the majority takeover of a company already admitted to the stock exchange, or through the SPAC (Special-purpose Acquisition Companies) process are concluded early, the company reserves the right to end this financing round early.

The start of the financing round will be announced shortly after submission of all necessary documents, approvals and the share purchase agreement.

German Financial Holding
Board of Directors
German Financial Holding Inc./USA - Germany - Asia
01/19/2022

German Financial Holding Inc./USA has its branch in Germany with a fully paid-up share capital of Registered USD 250 million under HRB 33581.

The German branch was established purely as a controlling body for the European subsidiaries. She will be given largely free decision-making powers in the European orientation as well as the powers to manage and monitor the further expansion of the group in Asia. This decision is based on a unanimous resolution of the general meeting.

In the meantime, a company that has been active in Thailand since 2011 has been acquired and renamed German Global Industries Co. Ltd. The entry in the register was made on January 18, 2022. As soon as the corona pandemic is over and international transport costs have settled back to a normal level, German Global Industries is to become active as a production site for products from German Financial Holding. Accordingly, the purpose of the company was broadly defined and also includes the acquisition of real estate of all kinds, as well as the purchase and operation of hotels and apartment complexes of all sizes.

The opening of another headquarters in Singapore and a branch of German Financial Holding in Cambodia are currently in preparation. This concludes the Asia area for the year 2022.

Should the currently predominant Omikron variant develop into an endemic process during the pandemic, we will implement the stock exchange listing as planned. This decision should be made in March at the earliest, taking into account all the information and the then prevailing stock market environment.

German Financial Holding Inc.
January 19, 2022
  
German Financial Holding Inc./USA

Report of the year 2021
02/10/2022

The year 2021 was also dominated by the Corona pandemic. While the situation seemed to have eased considerably in the summer, we were taught better from September onwards. In the meantime, further mutations, such as the Omikron variant from South Africa, have been detected and many countries are already back in a full or partial lockdown. It clearly shows that the crisis is far from over or even over. We will probably continue to deal with tightening, lockdowns and hopefully mandatory vaccination across countries beyond 2022.  

There are only a few companies in the world that have come through the Corona pandemic without major damage. German Financial Holding Inc. is no exception, although we have already been hit with major turbulence in 2019.  
It started in 2019 with the protests of Hong Kong citizens against the planned measures of the Chinese leadership.  
The riots and international attention are still familiar to many. Downtown Hong Kong was blocked for weeks and months. Even at that time, carefree work was almost completely impossible. Nobody could have foreseen that this situation would be seamlessly followed by the world's most severe pandemic. Practically, we were already forced to take precautions since 2019 in order to maintain business operations. Today, after almost 3 years, we can say without reservation that we made the right decisions when we decided to close the headquarters and the entire company in Hong Kong.  

Shareholdings, name rights and all other assets were transferred. As a result of the transfer, we have now been able to increase the share capital to the sum of USD 250 million. The fully paid-up share capital was entered in the Commercial Register.

Today we can state that German Financial Holding has never been in a better position. The Board of Management has made the right, albeit difficult, decisions.  

Due to the existing shareholder structure, we are not under any time constraints when it comes to the stock market listing, but can calmly await the pandemic events and still implement the further expansion and planned acquisitions.   

We have commissioned an international law firm to draw up all the necessary contracts in a legally binding manner so that the international basis complies with the legal requirements. This applies in particular to the share subscription application, which is subject to special legal criteria.

The online bank planned by German Financial Holding will be launched under the name NUMOROS 24 after approval. The legal requirements have already been clarified. At present we are in the decision phase which head office in the European Union will be announced. As our business model is based on up to 90% Internet, the decision which headquarters to choose is largely based on which country has the best IT structures and IT staff.

We would like to thank many members of the Numoros Group who have already expressed their interest in purchasing shares. Today, we expect to start an allocation only in Q2 2022. We take into account the current pandemic situation and are confident that many countries will have the situation fully under control in Q2 2022 and ultimately an endemic situation will occur.  

German Financial Holding Inc.
The Board of Directors
February 2022
  
German Financial Holding Inc./USA
 
realigns business segments
02/25/2022

    
The boards of GFH are taking into account the wishes of institutional investors and are realigning the business segments, due to transparency and the already significantly increased intrinsic value. The realignment has already started in January 2022.  

The Numoros Group will be integrated into its own stock corporation in a timely manner. This will ensure that this trademark, with all its holdings, can be listed independently at any time. The structure of the individual assets within German Financial Holding will thus become more transparent and easier to structure and expand individual business areas, which was also in line with the wishes of institutional investors. The divisions belonging to Trademark Numoros, worldwide company databases, financial division and marketing will thus be bundled in a classical way.  

The management board also intends to integrate the Don Plaza and Travel Planet 24 trademarks under one tourism division in the future.  

Immoreal24, headquartered in London, will take over the European and international real estate sector in the future.  

German Global Industries, established in January, will in future take over the renewable energy (GECS), beverage (Clubber) and cell phone and telecommunications (Hatelco) sectors. As a result, sales and all product development activities will also be combined in a single structure. One production site will enable synergies and enormous cost savings.  

German Financial Holding Inc.
  
The Board of Management
25 February 2022
  
German Financial Holding Inc./USA
 
  
Contribution agreement executed on time
04/03/2022

    
  
The contribution agreement concluded was executed on time and in full as of March 30, 2022.  
The corporate bodies have accepted the contribution agreement in full.

Shares in companies, trademarks, 34 complete websites of all investments were transferred in full to German Financial Holding Inc.  

A significant reduction in the value of the Numoros Group, consisting of the database and the financial division, was accepted.  
The stock of data records at Numoros amounts to approximately 1 billion data records. Of these, 400 million data records were not recognized because they could not yet be processed on a country-specific basis. Of the remaining 600 million data records, a small number were not completely full, but we nevertheless agreed to a further reduction of 50% in the valuation to 300 million data records that could then be valued.  

For 300 million data sets, a usable life of between 10 and 30 years was assumed. Although datasets are usually valued between USD 50 and USD 350, we also agreed to a valuation of only USD 10 per dataset, as ultimately any future increase will benefit society.  

The Numoros Database was therefore valued at  
USD 3,000,000,000.00
established.

Other values within the contribution were additionally determined to be  
USD 485,000,000.00

The basis was mainly the recourse to an expert opinion, one of the world's largest auditing firms.   

The contribution agreement for USD 250,000,000.00 is therefore less than 10% of the actual value of the contributed assets.  

German Financial Holding Inc.
  
The Board of Management
April 2022
  
German Financial Holding Inc./USA
 
  
Executive Board stops preparations for a financing round
04/25/2022

    
  
The Executive Board has halted preparations for a financing round involving the issue of 10 million shares, which had already begun in 2021. The reasons for stopping all measures and not implementing the resolutions of the Annual General Meeting are based on the daily deteriorating market environment.  

While it appeared that the individual governments would get the Corona pandemic under control, we now see that it was probably a little too early for this assessment. Due to the situation in China and especially the hard lockdown of Shanghai and the almost complete closure of the largest port in the world, supply chains have been interrupted or even completely stopped. This is only made more difficult by the ongoing war in Ukraine. Most industries receive only small quantities of raw materials and then only with significant price increases. Inflation is rising almost daily, and this is leading to steadily rising interest rates. However, rising interest rates are an indicator of weakening share prices, as investors are now once again focusing on bonds or even increasingly on real estate.
Should the environment improve in the current year, we will report again on the criteria for a public offering, subject to any country-specific exceptions or requirements.

We regret having to take this step, however, due to the development, we see ourselves forced to do so.

German Financial Holding Inc.
The Board of Management
04/25/2022
German Financial Holding Inc.
7901 4th St. N STE 300
FL-33702 St. Petersburg-Florida
Tel: +1 727 300 1030
E-Mail: contact@german-holding.com
Registergericht:
Register of Companies Florida
Registernummer:
P21000076566
© German Financial Holding Inc.
Webdesign: paweb
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contact@german-holding.com / Tel.: +852 8175 4300 / (c) German Holding / Webdesign paweb
German Financial Holding Inc.
7901 4th St. N STE 300
FL-33702 St. Petersburg-Florida
Tel: +1 727 300 1030
E-Mail: contact@german-holding.com
Registergericht: Register of Companies Florida
Registernummer: P21000076566
© German Financial Holding Inc. - Webdesign: paweb
German Financial Holding Inc.
7901 4th St. N STE 300, FL-33702 St. Petersburg-Florida
Tel: +1 727 300 1030,
E-Mail: contact@german-holding.com
Registergericht: Register of Companies Florida - Registernummer: P21000076566
German Financial Holding Inc.
7901 4th St. N STE 300
FL-33702 St. Petersburg-Florida
Tel: +1 727 300 1030
E-Mail: contact@german-holding.com
Registergericht:
Register of Companies Florida
Registernummer:
P21000076566
© German Financial Holding Inc.
Webdesign: paweb
Kontakt │ Impressum │ Datenschutzerklärung
7901 4th St. N STE 300 FL-33702
St. Petersburg-Florida
Tel: +1 727 300 1030
E-Mail: contact@german-holding.com
Register court: Register of Companies Florida
Registration number: P21000076566
© 2022 German Financial Holding Inc.
Webdesign: paweb
St. Petersburg-Florida
Tel: +1 727 300 1030
E-Mail: contact@german-holding.com
© 2022 German Financial Holding Inc.
Webdesign: paweb

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