<ul><li>Lilium N.V. engages KPMG for M&A process and secures insolvency filings for German subsidiaries.</li><li>Lilium's German subsidiaries proceed under self-administration restructuring framework with appointed Chief Insolvency Officers and provisional custodian.</li><li>Lilium CEO expresses confidence in restructuring and focus on securing fresh investment for the all-electric Lilium Jet.</li><li>Lilium's operations continue with progress on aircraft development while facing broader investment challenges in the Urban Air Mobility sector.</li></ul>

Lilium Embarks on Restructuring and New Investment Efforts

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