VV Beteiligungen Aktiengesellschaft's Ownership in Biofrontera Inc.

The filing discloses the ownership of VV Beteiligungen Aktiengesellschaft in Biofrontera Inc. (BFRI). VV Beteiligungen holds a significant stake in Biofrontera AG, which directly owns 400,000 shares of Biofrontera Inc.'s common stock. Additionally, Deutsche Balaton Aktiengesellschaft, in which VV Beteiligungen holds a majority interest, owns 58,884 shares of common stock. VV Beteiligungen also holds Series D Convertible Preferred Stock, which is convertible into 4,831,172 shares of common stock at a conversion price of $0.6249 per share. The filing includes disclaimers regarding beneficial ownership, with VV Beteiligungen stating that it does not claim beneficial ownership of the reported securities except to the extent of its indirect pecuniary interest.