EQS-Adhoc: SYNLAB AG: Proceedings of the Portuguese Competition Authority against entities of SYNLAB

SYNLAB AG announces that the Portuguese Competition Authority (Autoridade da Concorrência) has initiated proceedings against, inter alia, two Portuguese entities of SYNLAB Group (SYNLAB) and has associated SYNLAB AG with the proceedings regarding potential violations of competition law in Portugal. The Portuguese Competition Authority has formally notified the respective objections.

The objections concern the operations in the Portuguese market for laboratory diagnostics between 2016 and March 2022. SYNLAB will review the objections carefully and decide upon next steps afterwards. The estimated outcome of the proceedings, including the risk of a potential penalty being imposed on SYNLAB, cannot be determined before the completion of this review and progress in the proceedings.