# EDGAR Filing Document

**Accession Number:** 0002023157
**File Stem:** 0001104659-26-063248
**Filing Date:** 2026-5
**Character Count:** 107681
**Document Hash:** eb563a81b6968af74643f1c8e784bb62
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-26-063248.hdr.sgml**: 20260518

**ACCESSION NUMBER**: 0001104659-26-063248

**CONFORMED SUBMISSION TYPE**: SCHEDULE 13D/A

**PUBLIC DOCUMENT COUNT**: 5

**FILED AS OF DATE**: 20260518

**DATE AS OF CHANGE**: 20260518

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SCHMID Group N.V.
- **CENTRAL INDEX KEY:** 0001987240
- **STANDARD INDUSTRIAL CLASSIFICATION:** MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 000000000
- **STATE OF INCORPORATION:** P7
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-94517
- **FILM NUMBER:** 26994310

**BUSINESS ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ROBERT-BOSCH-STR. 32-36
- **CITY:** FREUDENSTADT
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 72250
- **BUSINESS PHONE:** 44 73 84 24 7998

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ROBERT-BOSCH-STR. 32-36
- **CITY:** FREUDENSTADT
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 72250

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Pegasus TopCo B.V.
- **DATE OF NAME CHANGE:** 20230725
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Schmid Anette
- **CENTRAL INDEX KEY:** 0002023157

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** SCHEDULE 13D/A

**MAIL ADDRESS:**
- **ADDRESS IS A NON US LOCATION:** YES
- **STREET 1:** ROBERT-BOSCH-STR. 32-36
- **CITY:** FREUDENSTADT
- **PROVINCE COUNTRY:** 2M
- **ZIP:** 72250

## Exhibit 99.12

**Exhibit 99.12**

**Schmid Aequitas GmbH & Co. KG**

**Capital Increase and Transfer Agreement**

**Recitals**

Ms Anette Schmid is the owner of various assets that constitutes special business assets for tax puposes (steuerliches Sonderbetriebsvermögen) of Schmid Grundstücke GmbH & Co. KG. In order to preserve permanently the status of these assets as business assets for tax purposes, Ms Anette Schmid wishes to transfer them to the assets of Schmid Aequitas GmbH & Co. KG in consideration for the grant of partnership rights. For this purpose, in Part A of this deed a capital increase by way of an increase of Ms Anette Schmid's limited partnership contribution is resolved, from EUR 100.00 by EUR 100.00 to EUR 200.00. In discharge of her contribution obligation, Ms Anette Schmid then transfers the assets to the assets of Schmid Aequitas GmbH & Co. KG in Part B.

**Part A<br> Capital Increase**

**Shareholders' Meeting of<br> Schmid Aequitas GmbH & Co. KG**

Schmid Aequitas Verwaltung GmbH, having its registered seat in Freudenstadt, registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRB 737687, and Ms Anette Schmid are the sole partners of Schmid Aequitas GmbH & Co. KG, having its registered seat in Freudenstadt and registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 726531 (the **"Company"**). By waiving all forms and notice periods for convening, announcing and holding the meeting as prescribed by law and the partnership agreement, they hereby hold a shareholders´ meeting of the Company and unanimously resolve as follows:

&nbsp;&nbsp;&nbsp;&nbsp;1. Section
 5(1) of the partnership agreement shall be restated as follows:

*"1. For each partner, a Capital Account I, a partner-specific reserve account, a Capital Account II and a loan account shall be maintained."*

&nbsp;&nbsp;&nbsp;&nbsp;2. Section
 5(2) of the partnership agreement shall be restated as follows:

*"The partner's share of the fixed capital shall be recorded in Capital Account I."*

&nbsp;&nbsp;&nbsp;&nbsp;3. The following
 subsection 52a shall be inserted after Section 5(2) of the partnership agreement:

*"2a. In addition, a partner-specific reserve account (equity account) shall be established for each partner. All contributions by the partner to the equity of the Company shall be recorded in such account, provided that they do not serve to pay in the fixed capital or to fund company related- reserves and are not designated as private contributions to Capital Account II."*

&nbsp;&nbsp;&nbsp;&nbsp;4. The fixed
 capital of the Company (recorded in Capital Account I) shall be increased from EUR 100.00
 by EUR 100.00 to EUR 200.00. For this purpose, the limited partner Anette Schmid shall increase
 her limited partnership contribution (share in the fixed capital) from EUR 100.00 by EUR
 100.00 (capital increase amount) to EUR 200.00.

As consideration for the grant of the increased capital interest, the partner Anette Schmid undertakes to transfer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) the 6,894,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and registered with
 the Kamer van Koophandel under KVK 89188276, owned by her;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) the 4,596,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and registered with
 the Kamer van Koophandel under KVK 89188276, assigned to her as legatee after Mr Dieter Schmid
 pursuant to the legacy fulfilment contract dated today attached as  **<u>Annex 1</u>** ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) the beneficial
 ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V., having its registered seat
 in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276, granted
 to her pursuant to the Earn-Out Agreement attached as  **<u>Annex 2</u>** ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) the beneficial
 ownership of the 1,000,000 warrants relating to SCHMID Group N.V., having its registered
 seat in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276, transferred
 to her pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached as  **<u>Annex 3</u>** , entered into between Pegasus Digital Mobility Sponsor LLC as transferor and Mr
 Christian Schmid and her, in each case as transferees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) the beneficial
 ownership of the additional 1,000,000 transfer warrants relating to SCHMID Group N.V., having
 its registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK
 89188276, to which she is entitled pursuant to the First Amendment to the Warrant Transfer
 Agreement dated 28 April 2024 attached as  **<u>Annex 4</u>** , entered into between Pegasus
 Digital Mobility Sponsor LLC as transferor and Mr Christian Schmid and her, in each case
 as transferees (it being understood that these transfer warrants still have to be transferred
 by Pegasus Digital Mobility Sponsor LLC);

to the Company in accordance with the transfer agreement set out in Part B of this deed.

The capital increase amount shall be recorded in Ms Anette Schmid's fixed capital account (Capital Account I). To the extent that the value of the above consideration exceeds the capital increase amount, the difference shall be credited to the partner-specific reserve account pursuant to Section 5(2a) of the partnership agreement (see item 3 above).

&nbsp;&nbsp;&nbsp;&nbsp;5. The capital
 increase amount shall participate in the results of the Company as from the transfer date.

&nbsp;&nbsp;&nbsp;&nbsp;6. The liability
 amount shall remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;7. Section
 3 of the partnership agreement shall be restated as follows:

*"Section 3*

*Partners, Capital Interests*

 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1. The general partner is Schmid Aequitas Verwaltung GmbH.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2. The limited partner is Ms Anette Schmid, born on 10 December 1970, residing in Freudenstadt.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3. The Company has fixed capital in the amount of EUR 200.00.*

*The partners participate therein as follows:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*a) Anette Schmid with a fixed capital interest (recorded in Capital Account I) of EUR 200.00, i.e. 100 percent;* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*b) Schmid Aequitas Verwaltung GmbH has no fixed capital interest and therefore participates in the fixed capital with 0 percent.* 

*The fixed capital interest shall determine the partner's participation in the profits and assets of the Company, any balance payable on dissolution, and its voting rights.* 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4. The liability amount of the limited partner to be registered in the commercial register is EUR 100.00."*

No further resolutions are adopted. The shareholders' meeting is therefore closed.

Freudenstadt, dated

    <br> Schmid Aequitas Verwaltung GmbH, represented by its managing director Anette Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB Anette Schmid

**Part B<br> Transfer Agreement**

Between

**Anette Schmid**, with business address at Robert-Bosch-Str. 32-34, 72250 Freudenstadt,

- hereinafter referred to as **"AS"** -

and

the **Schmid Aequitas GmbH & Co. KG**, having its registered seat in Freudenstadt and registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 726531, represented by its general partner with unlimited liability, Schmid Aequitas Verwaltung GmbH, having its registered seat in Freudenstadt and registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRB 737687, itself represented by its managing director Anette Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB,

- hereinafter referred to as **"SA-KG"** -

the following Transfer Agreement is entered into:

**Section 1<br> Subject Matter of the Agreement**

&nbsp;&nbsp;&nbsp;&nbsp;1.1 Pursuant
 to the shareholders' resolution set out in Part A of this deed, AS has undertaken to
 transfer

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) the 6,894,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and registered with
 the Kamer van Koophandel under KVK 89188276, owned by her;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) the 4,596,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and registered with
 the Kamer van Koophandel under KVK 89188276, assigned to her as legatee under the legacy
 fulfilment contract dated today attached as  **<u>Annex 1</u>** , entered into between Mr
 Christian Schmid and her as co-heirs in the community of heirs after Dieter Schmid, on the
 one hand, and her as legatee, on the other hand;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) the beneficial
 ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V., having its registered seat
 in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276, granted
 to her pursuant to the Earn-Out Agreement attached as  **<u>Annex 2</u>** ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) the beneficial
 ownership of the 1,000,000 warrants relating to SCHMID Group N.V., having its registered
 seat in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276, transferred
 to her pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached as  **<u>Annex 3</u>** , entered into between Pegasus Digital Mobility Sponsor LLC as transferor and Mr
 Christian Schmid and AS, in each case as transferees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) the beneficial
 ownership of the additional 1,000,000 transfer warrants relating to SCHMID Group N.V., having
 its registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK
 89188276, to which she is entitled pursuant to the First Amendment to the Warrant Transfer
 Agreement dated 28 April 2024 attached as **Annex 4**, entered into between Pegasus Digital
 Mobility Sponsor LLC as transferor and Mr Christian Schmid and AS, in each case as transferees
 (it being understood that these transfer warrants still have to be transferred by Pegasus
 Digital Mobility Sponsor LLC);

to the Company by way of singular succession into the assets of the Company in accordance with this Agreement in order to discharge her capital contribution obligation.

&nbsp;&nbsp;&nbsp;&nbsp;1.2 The
 contribution shall be credited in the amount of EUR 100.00 to AS's Capital Account
 I (equity account) with the Company, and any value in excess thereof shall be recorded in
 the partner-specific reserve account (equity account).

**Section 2<br> Transfer and Assignment**

&nbsp;&nbsp;&nbsp;&nbsp;2.1 In discharge
 of the obligation described in Section 1.1(a) of this Agreement, AS hereby transfers to SA-KG
 the 6,894,000 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and
 registered with the Kamer van Koophandel under KVK 89188276, which are owned by her, and
 hereby assigns such shares to SA-KG with immediate effect. SA-KG accepts the assignment.
 AS shall arrange for the shares to be transferred into the securities account of AS-KG.

&nbsp;&nbsp;&nbsp;&nbsp;2.2 In discharge
 of the obligation described in Section 1.1(b) of this Agreement, AS hereby transfers to SA-KG
 the 4,596,000 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and
 registered with the Kamer van Koophandel under KVK 89188276, owned by her and which were
 assigned to her as legatee under to the legacy fulfilment contract dated today, and hereby
 assigns such shares to SA-KG with immediate effect. SA-KG accepts the assignment. AS shall
 arrange for the shares to be transferred into the securities account of SA-KG.

&nbsp;&nbsp;&nbsp;&nbsp;2.3 In discharge
 of the obligation described in Section 1.1(c) of this Agreement, AS hereby transfers to SA-KG
 the beneficial ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V., having its
 registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276,
 granted to her pursuant to the attached Earn-Out Agreement. SA-KG accepts the transfer. AS
 and SA-KG are aware that, pursuant to Clause 4 of the Earn-Out Agreement, legal title to
 the Earn-Out Shares is not transferable. In order instead to transfer beneficial ownership,
 AS and SA-KG enter into the trust agreement set out in Part C of this deed.

&nbsp;&nbsp;&nbsp;&nbsp;2.4 In discharge
 of the obligation described in Section 1.1(d) of this Agreement, AS hereby transfers to SA-KG
 the beneficial ownership of the 1,000,000 warrants relating to SCHMID Group N.V., having
 its registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK
 89188276, which were transferred to her pursuant to the attached Warrant Transfer Agreement
 dated 29 January 2024. SA-KG accepts the transfer. In order to transfer beneficial ownership,
 AS and SA-KG enter into the trust agreement set out in Part C of this deed.

&nbsp;&nbsp;&nbsp;&nbsp;2.5 In discharge
 of the obligation described in Section 1.1(e) of this Agreement, AS hereby transfers to SA-KG
 the beneficial ownership of the additional 1,000,000 transfer warrants relating to SCHMID
 Group N.V., having its registered seat in Freudenstadt and registered with the Kamer van
 Koophandel under KVK 89188276, to which she is entitled pursuant to the attached First Amendment
 to the Warrant Transfer Agreement dated 28 April 2024 entered into between Pegasus Digital
 Mobility Sponsor LLC as transferor and Mr Christian Schmid and AS, in each case as transferees
 (it being understood that these transfer warrants still have to be transferred by Pegasus
 Digital Mobility Sponsor LLC). SA-KG accepts the transfer. In order to transfer beneficial
 ownership, AS and SA-KG enter into the trust agreement set out in Part C of this deed.

**Section 3<br> Transfer Date**

The transfer of the transferred assets pursuant to Sections 2.1 through 2.5 shall take effect immediately with economic and tax effect (the **"Transfer Date"**). Benefits and burdens shall also pass as of that time.

**Section 4<br> Tax Neutrality**

All transferred assets referred to in Sections 2.1 through 2.5 above shall be transferred into the assets of SA-KG. In this connection, the following particular matters are noted:

&nbsp;&nbsp;&nbsp;&nbsp;a) The transferred
 assets referred to in Sections 2.1 through 2.5 are civil-law property of AS.

&nbsp;&nbsp;&nbsp;&nbsp;b) The 6,894,000
 shares in SCHMID Group N.V. (Section 2.1), having its registered seat in Freudenstadt and
 registered with the Kamer van Koophandel under KVK 89188276, constitute special business
 assets (Sonderbetriebsvermögen) of AS in relation to Schmid Grundstücke GmbH &
 Co. KG, having its registered seat in Freudenstadt and registered with the commercial register
 of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer to SA-KG is
 tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange for the grant of partnership
 rights.

&nbsp;&nbsp;&nbsp;&nbsp;c) The 4,596,000
 shares in SCHMID Group N.V. (Section 2.2), having its registered seat in Freudenstadt and
 registered with the Kamer van Koophandel under KVK 89188276, which were assigned to AS as
 legatee pursuant to the legacy fulfilment contract dated today, constitute special business
 assets (Sonderbetriebsvermögen) of AS in relation to Schmid Grundstücke GmbH &
 Co. KG, having its registered seat in Freudenstadt and registered with the commercial register
 of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer to SA-KG is
 tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange for the grant of partnership
 rights.

&nbsp;&nbsp;&nbsp;&nbsp;d) The beneficial
 ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V. (Section 2.3), having its
 registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276,
 granted to AS pursuant to the Earn-Out Agreement attached as **Annex 1**, constitutes
 special business assets (Sonderbetriebsvermögen) of AS in relation to Schmid Grundstücke
 GmbH & Co. KG, having its registered seat in Freudenstadt and registered with the commercial
 register of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer to
 SA-KG is tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange for the grant
 of partnership rights.

&nbsp;&nbsp;&nbsp;&nbsp;e) The beneficial
 ownership of the 1,000,000 warrants relating to SCHMID Group N.V. (Section 2.4), having its
 registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276,
 transferred to AS pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached
 as  **<u>Annex</u>** 3 entered into between Pegasus Digital Mobility Sponsor LLC as transferor
 and Mr Christian Schmid and AS, in each case as transferees, constitutes special business
 assets (Sonderbetriebsvermögen) of AS in relation to Schmid Grundstücke GmbH &
 Co. KG, having its registered seat in Freudenstadt and registered with the commercial register
 of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer to SA-KG is
 tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange for the grant of partnership
 rights.

&nbsp;&nbsp;&nbsp;&nbsp;f) The beneficial
 ownership of the additional 1,000,000 transfer warrants relating to SCHMID Group N.V. (Section
 2.5), having its registered seat in Freudenstadt and registered with the Kamer van Koophandel
 under KVK 89188276, to which AS is entitled pursuant to the attached First Amendment to the
 Warrant Transfer Agreement dated 28 April 2024 entered into between Pegasus Digital Mobility
 Sponsor LLC as transferor and Mr Christian Schmid and AS, in each case as transferees (it
 being understood that these warrants still have to be transferred by Pegasus Digital Mobility
 Sponsor LLC), constitutes special business assets (Sonderbetriebsvermögen) of AS in
 relation to Schmid Grundstücke GmbH & Co. KG, having its registered seat in Freudenstadt
 and registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart
 under HRA 726509. The transfer to SA-KG is tax-neutral pursuant to Section 6(5) sentence
 3 no. 2 EStG in exchange for the grant of partnership rights.

**Section 5<br> Miscellaneous / Final Provisions**

&nbsp;&nbsp;&nbsp;&nbsp;7.1 The costs
 of this deed and of the registration in the commercial register shall be borne by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;7.2 If any
 provision of this Agreement is or becomes wholly or partly void, invalid or unenforceable,
 the validity and enforceability of the remaining provisions shall not be affected thereby.
 To the extent permitted by law, the void, invalid or unenforceable provision shall be deemed
 replaced by such valid and enforceable provision as most closely reflects, in subject matter,
 scope, time, place and area of application, the economic purpose intended by the void, invalid
 or unenforceable provision. The same shall apply to any gaps in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;7.3 Any amendments
 to or supplements to this Agreement must be made in writing unless a stricter form is required.

Freudenstadt, dated

    <br> Anette Schmid Schmid Aequitas GmbH & Co. KG represented by its general partner Schmid Aequitas Verwaltung GmbH, itself represented by its managing director Anette Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB

**Part C<br> Trust Agreement**

Between

**Anette Schmid**, with business address at Robert-Bosch-Str. 32-34, 72250 Freudenstadt,

- hereinafter referred to as the **"Trustee"** -

and

the **Schmid Aequitas GmbH & Co. KG**, having its registered seat in Freudenstadt and registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 726531, represented by its general partner with unlimited liability, Schmid Aequitas Verwaltung GmbH, having its registered seat in Freudenstadt and registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRB 737687, itself represented by its managing director Anette Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB,

- hereinafter referred to as the **"Trustor"** -

the following Trust Agreement is entered into:

**Recitals**

**In SCHMID Group N.V., having its registered seat in Freudenstadt and registered with the Kamer van Koophandel under KVK 89188276 (hereinafter the "Company"), the Trustee holds, pursuant to the Earn-Out Agreement attached as <u>Annex 2</u>, 2,500,000 Earn-Out Shares (hereinafter the "Earn-Out Shares") and, pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached as <u>Annex 3</u>, a total of 1,000,000 warrants (hereinafter the "Warrants"). In addition, pursuant to the First Amendment to the Warrant Transfer Agreement dated 28 April 2024 attached as <u>Annex 4</u>, the Trustee is entitled to the transfer of a further 1,000,000 warrants (hereinafter the "Transfer Warrants").** 

Legal title to the Earn-Out Shares is currently not transferable. The Warrants likewise cannot currently be transferred to the existing security account of the Trustor. However, the parties intend, as between themselves, to place the Trustor in the same position as if it had been the owner from today. The Trustor shall therefore become the beneficial owner of the Earn-Out Shares and the Warrants. Legal title to the Earn-Out Shares and the Warrants shall remain with the Trustee until further notice, and the Trustee shall henceforth hold and administer the Earn-Out Shares and the Warrants on trust for the Trustor.

The Transfer Warrants, which are still to be transferred to the Trustee in accordance with **<u>Annex 4</u>**, likewise cannot currently be transferred to the existing security account of the Trustor. However, the parties intend, as between themselves, to place the Trustor in the same position as if it had held the right to the Transfer Warrants from today, with the result that, upon the transfer of the Transfer Warrants to the Trustee, the Trustor shall become the beneficial owner of the Transfer Warrants. Legal title to the Transfer Warrants shall remain with the Trustee until further notice, and the Trustee shall hold and administer the right to the Transfer Warrants and, thereafter, the Transfer Warrants themselves on trust for the Trustor.

Now, therefore, the parties agree as follows:

**Section 1<br> Assumption of the Trust**

&nbsp;&nbsp;&nbsp;&nbsp;1.1 With immediate
effect, the Trustee shall hold the Earn-Out Shares and the Warrants (the "Trust
Property") in trust for the Trustor, for the Trustor's account and
risk and in accordance with the Trustor's instructions.

&nbsp;&nbsp;&nbsp;&nbsp;1.2 The
 Trustee shall hold the Transfer Warrants on trust for the Trustor, for the Trustor's
 account and risk and in accordance with the Trustor's instructions, from the time the
 Transfer Warrants are transferred to the Trustee. The parties agree that, from the time of
 such transfer, the provisions of this Agreement applicable to the Warrants shall apply mutatis
 mutandis to the Transfer Warrants. Until the Transfer Warrants are transferred to the Trustee,
 all rights and obligations under <u>Annex 4</u> shall
 be exercised by the Trustee only in consultation with and only on the instructions of the
 Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;1.3 As
 between the parties, all proprietary claims arising from the Trust Property shall belong
 to the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;1.4 The Trustee
shall act in the interest of the Trustor. To the extent the Trust Property is to be recognised in the accounts, it shall be recognised
in the accounts of the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;1.5 The Trustee
hereby grants to the Trustor, with effect for the Trustee and beyond the Trustee's death, an irrevocable power of attorney to assign
the Trust Property and all rights arising therefrom to itself or to a third party. This power of attorney may be exercised without proof
of termination of the trust relationship.

**Section 2<br> Attribution of the Interest; Assignment of Proprietary Claims**

&nbsp;&nbsp;&nbsp;&nbsp;2.1 As against
 third parties, the Trustee is the civil-law holder of the Earn-Out Shares, the Warrants and
 the Transfer Warrants; as between the parties, and economically, the Earn-Out Shares, the
 Warrants and the Transfer Warrants shall be attributed to the Trustor. For tax purposes,
 the Earn-Out Shares, the Warrants and the Transfer Warrants shall be attributed to the Trustor
 as beneficial owner (Section 39(2) AO).

&nbsp;&nbsp;&nbsp;&nbsp;2.2 The Trustee
 hereby assigns to the Trustor all present and future proprietary claims arising from the
 Earn-Out Shares, the Warrants and the Transfer Warrants against the Company, including in
 particular rights to profit distributions, liquidation proceeds and any balance payable on
 a winding-up, and the Trustor hereby accepts such assignment.

**Section 3<br> Duties of the Trustee**

&nbsp;&nbsp;&nbsp;&nbsp;3.1 The Trustee
 shall be obliged to surrender to the Trustor everything the Trustee obtains by reason of
 this trust relationship, unless the Trustee continues to hold and administer it for the Trustor
 by mutual agreement or unless something else has been expressly agreed. At the Trustor's
 request, the Trustee shall at any time, to the extent legally permissible, assign the Earn-Out
 Shares, the Warrants and the Transfer Warrants to the Trustor or to a third party designated
 by the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;3.2 The Trustee
 shall be obliged to exercise or perform the Trustor's rights and obligations in relation
 to the Earn-Out Shares, the Warrants and the Transfer Warrants in accordance with the Trustor's
 instructions, to the extent permissible under law, the Company's constitutional documents
 or any other applicable agreements. Before exercising rights arising from the Earn-Out Shares,
 the Warrants or the Transfer Warrants, the Trustee shall obtain the Trustor's prior
 instructions. If it is not possible to obtain prior instructions or if no instruction has
 been given, the Trustee shall obtain the Trustor's subsequent approval. If no instructions
 are given to the Trustee, the Trustee shall act in the interest of the Trustor while observing
 the Trustee's duties of loyalty under company law toward the Company.

&nbsp;&nbsp;&nbsp;&nbsp;3.3 The Trustee
 shall be obliged to provide the Trustor with any information that the Trustee, as shareholder,
 may request from the Company, to the extent permissible under law, the Company's constitutional
 documents or any other applicable agreements.

&nbsp;&nbsp;&nbsp;&nbsp;3.4 In all
 other respects, the Trustee shall be liable to the Trustor only for the degree of care the
 Trustee customarily exercises in the Trustee's own affairs.

**Section 4<br> Duties of the Trustor**

&nbsp;&nbsp;&nbsp;&nbsp;4.1 The Trustor
 shall indemnify and hold harmless the Trustee from and against all claims of whatever nature
 asserted against the Trustee by reason of the fact that it holds and administers the Earn-Out
 Shares, the Warrants and the Transfer Warrants on trust for the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;4.2 The Trustor
 shall reimburse the Trustee for all expenses and costs associated with the trust, to the
 extent incurred for the proper performance of the Trustee's duties under this Agreement
 and unless otherwise agreed. This shall also apply to any tax burdens incurred by the Trustee
 as a result of holding and administering the Earn-Out Shares, the Warrants and the Transfer
 Warrants. The Trustee may require reasonable advances in respect of its costs and expenses.

**Section 5<br> Termination; End of the Trust Relationship**

The trust relationship may be terminated by the Trustee by written notice, without cause, upon six months' notice and shall end when such termination becomes effective. The trust relationship may further be terminated by the Trustor at any time by written notice without any notice period and with immediate effect.

**Section 6<br> Restriction on Transfer; Confidentiality**

&nbsp;&nbsp;&nbsp;&nbsp;6.1 The transfer
 of rights under this Agreement shall not be permitted without the prior consent of the other
 party

&nbsp;&nbsp;&nbsp;&nbsp;6.2 The Trustor
 and the Trustee each undertake toward the other party to keep confidential the trust relationship
 and all information obtained from it, except where disclosure obligations apply by law; this
 confidentiality obligation shall not apply vis-à-vis the parties' tax advisers
 and legal advisers who are themselves bound by professional secrecy..

**Section 7<br> Miscellaneous / Final Provisions**

&nbsp;&nbsp;&nbsp;&nbsp;7.1 If any
 provision of this Agreement is or becomes wholly or partly void, invalid or unenforceable,
 the validity and enforceability of the remaining provisions shall not be affected thereby.
 To the extent permitted by law, the void, invalid or unenforceable provision shall be deemed
 replaced by such valid and enforceable provision as most closely reflects, in subject matter,
 scope, time, place and area of application, the economic purpose intended by the void, invalid
 or unenforceable provision. The same shall apply to the filling of any gaps in this Agreementt.

&nbsp;&nbsp;&nbsp;&nbsp;7.2 Any amendments
 or additions to this Agreement must be made in writing unless a stricter form is required.

Freudenstadt, dated

---

| | |
|:---|:---|
| Anette Schmid<br> (Trustee)  | Schmid Aequitas GmbH & Co. KG (Trustor)<br>represented by its general partner Schmid Aequitas Verwaltung GmbH, itself represented by its managing director Anette Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB  |

---

## Exhibit 99.13

**Exhibit 99.13**

**C. Schmid Beteiligung GmbH & Co. KG**

**Capital Increase and Transfer Agreement**

**Recitals**

Mr Christian Schmid is the owner of various assets that constitutes special business assets for tax purposes (steuerliches Sonderbetriebsvermögen) of Schmid Grundstücke GmbH & Co. KG. In order to preserve permanently the status of these assets as business assets for tax purposes, Mr Christian Schmid wishes to transfer them to the assets of C. Schmid Beteiligung GmbH & Co. KG in consideration for the grant of partnership rights. For this purpose, in Part A of this deed a capital increase by way of an increase of Mr Christian Schmid's limited partnership contribution is resolved, from EUR 100.00 by EUR 100.00 to EUR 200.00. In discharge of his contribution obligation, Mr Christian Schmid then transfers the assets to the assets of C. Schmid Beteiligung GmbH & Co. KG in Part B.

**Part A<br> Capital Increase**

**Shareholders' Meeting of<br> C. Schmid Beteiligung GmbH & Co. KG**

C. Schmid Beteiligungsverwaltung GmbH, having its registered seat in Freudenstadt, registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRB 762503, and Mr Christian Schmid are the sole partners of C. Schmid Beteiligung GmbH & Co. KG, with registered seat in Freudenstadt, registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 733808 (the **"Company"**). By waiving all forms and notice periods for convening, announcing and holding the meeting as prescribed by law and the partnership agreement, they hereby hold a shareholders' meeting of the Company and unanimously resolve as follows:

&nbsp;&nbsp;&nbsp;&nbsp;1. Section 5(1) of
 the partnership agreement shall be restated as follows:

*"1. For each partner, a Capital Account I, a partner-specific reserve account, a Capital Account II and a loan account shall be maintained."*

&nbsp;&nbsp;&nbsp;&nbsp;2. Section 5(2) of
 the partnership agreement shall be restated as follows:

*"The partner's share of the fixed capital shall be recorded in Capital Account I."*

&nbsp;&nbsp;&nbsp;&nbsp;3. The following
 subsection 5(2a) shall be inserted after Section 5(2) of the partnership agreement:

*"2a. In addition, a partner-specific reserve account (equity account) shall be established for each partner. All contributions by the partner to the equity of the Company shall be recorded in such account, provided that they do not serve to pay in the fixed capital or to fund company-related reserves and are not designated as private contributions to Capital Account II."*

&nbsp;&nbsp;&nbsp;&nbsp;4. The fixed
 capital of the Company (recorded in Capital Account I) shall be increased from EUR 100.00
 by EUR 100.00 to EUR 200.00. For this purpose, the limited partner Christian Schmid shall
 increase his limited partnership contribution (share in the fixed capital) from EUR 100.00
 by EUR 100.00 (capital increase amount) to EUR 200.00.

As consideration for the grant of the increased capital interest, the partner Christian Schmid undertakes to transfer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) 4,979,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and, registered with
 the Kamer van Koophandel under KVK 89188276, owned by him;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) 10,341,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and, registered with
 the Kamer van Koophandel under KVK 89188276, assigned to him as legatee after Mr Dieter Schmid
 pursuant to the legacy fulfilment contract dated today attached as  **<u>Annex 1</u>** ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) the beneficial
 ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V., having its registered seat
 in Freudenstadt and, registered with the Kamer van Koophandel under KVK 89188276, granted
 to him pursuant to the Earn-Out Agreement attached as  **<u>Annex 2</u>** ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) the beneficial
 ownership of the 1,000,000 warrants relating to SCHMID Group N.V., having its registered
 seat in Freudenstadt and, registered with the Kamer van Koophandel under KVK 89188276, transferred
 to him pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached as  **<u>Annex 3</u>** , entered into between Pegasus Digital Mobility Sponsor LLC as transferor
 and Ms Anette Schmid and him, in each case as transferees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) the beneficial
 ownership of the additional 1,000,000 transfer warrants relating to SCHMID Group N.V., having
 its registered seat in Freudenstadt and, registered with the Kamer van Koophandel under KVK
 89188276, to which he is entitled pursuant to the First Amendment to the Warrant Transfer
 Agreement, dated 28 April 2024 attached as  **<u>Annex 4</u>** and entered into between
 Pegasus Digital Mobility Sponsor LLC as transferor and Ms Anette Schmid and him, in each
 case as transferees (it being understood that these transfer warrants still have to be transferred
 by Pegasus Digital Mobility Sponsor LLC).

to the Company in accordance with the transfer agreement set out in Part B of this deed.

The capital increase amount shall be recorded in Christian Schmid's fixed capital account (Capital Account I). To the extent the value of the above consideration exceeds the capital increase amount, the difference shall be credited to the partner-specific reserve account pursuant to Section 5(2a) of the partnership agreement (see item 3 above).

&nbsp;&nbsp;&nbsp;&nbsp;5. The capital
 increase amount shall participate in the results of the Company as from the transfer date.

&nbsp;&nbsp;&nbsp;&nbsp;6. The liability
 amount shall remain unchanged.

&nbsp;&nbsp;&nbsp;&nbsp;7. Section 3
 of the partnership agreement shall be restated as follows:

*"Section 3*

*Partners, Capital Interests*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*1. The general partner is C. Schmid Beteiligungsverwaltung GmbH.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*2. The limited partner is Mr Christian Schmid, born on 10 September 1968, residing in Freudenstadt.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*3. The Company has fixed capital in the amount of EUR 200.00.*

*The partners participate therein as follows:*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*a) Christian Schmid with a fixed capital interest (recorded in Capital Account I) of EUR 200.00, i.e. 100 percent;*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*b) C. Schmid Beteiligungsverwaltung GmbH has no fixed capital interest and therefore participates in the fixed capital with 0 percent.*

*The fixed capital interest shall determine the partner's participation in the profits and assets of the Company, any balance payable on dissolution, and its voting rights.*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*4. The liability amount of the limited partner to be registered in the commercial register is EUR 100.00."*

No further resolutions are adopted. The shareholders' meeting is therefore closed.

Freudenstadt, dated May 14, 2026

    <br> C. Schmid Beteiligungsverwaltung GmbH, represented by its managing director Christian Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB Christian Schmid

**Part B<br> Transfer Agreement**

Between

**Christian Schmid**, with business address at Robert-Bosch-Str. 32-34, 72250 Freudenstadt,

- hereinafter referred to as **"CS"** -

and

C. **Schmid Beteiligung GmbH & Co. KG**, having its registered seat in Freudenstadt and, registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 733808, represented by its general partner with unlimited liability, C. Schmid Beteiligungsverwaltung GmbH, having its registered seat in Freudenstadt and, registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRB 762503, itself represented by its managing director Christian Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB,

- hereinafter referred to as **"CS-KG"** -

the following Transfer Agreement is entered into:

**Section 1<br> Subject Matter of the Agreement**

&nbsp;&nbsp;&nbsp;&nbsp;1.1 Pursuant
 to the shareholders' resolution set out in Part A of this deed, CS has undertaken
 to transfer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) the 4,979,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and, registered with
 the Kamer van Koophandel under KVK 89188276, owned by him;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) the 10,341,000
 shares in SCHMID Group N.V., having its registered seat in Freudenstadt and, registered with
 the Kamer van Koophandel under KVK 89188276, assigned to him as legatee under the legacy
 fulfilment contract dated today attached as  **<u>Annex 1</u>** , entered into between Ms
 Anette Schmid and him, as co-heirs in the community of heirs after Dieter Schmid on the one
 hand, and him as legatee on the other hand;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) the beneficial
 ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V., having its registered seat
 in Freudenstadt and, registered with the Kamer van Koophandel under KVK 89188276, granted
 to him pursuant to the Earn-Out Agreement attached as  **<u>Annex 2</u>** ;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) the beneficial
 ownership of the 1,000,000 warrants relating to SCHMID Group N.V., having its registered
 seat in Freudenstadt and, registered with the Kamer van Koophandel under KVK 89188276, transferred
 to him pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached as  **<u>Annex 3</u>** , entered into between Pegasus Digital Mobility Sponsor LLC as transferor
 and Ms Anette Schmid and CS, in each case as transferees;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;e) the beneficial
 ownership of the additional 1,000,000 transfer warrants relating to SCHMID Group N.V., having
 its registered seat in Freudenstadt, and registered with the Kamer van Koophandel under KVK
 89188276, to which he is entitled pursuant to the First Amendment to the Warrant Transfer
 Agreement, dated 28 April 2024, attached as  **<u>Annex 4</u>** , entered into between
 Pegasus Digital Mobility Sponsor LLC as transferor and Ms Anette Schmid and CS, in each case
 as transferees (it being understood that these transfer warrants still have to be transferred
 by Pegasus Digital Mobility Sponsor LLC).

to the Company by way of singular succession into the assets of the Company in accordance with this Agreement, in order to discharge his capital contribution obligation.

&nbsp;&nbsp;&nbsp;&nbsp;1.2 The contribution
 shall be credited in the amount of EUR 100.00 to CS's Capital Account I (equity account)
 with the Company, and any value in excess thereof shall be recorded in the partner-specific
 reserve account (equity account).

**Section 2<br> Transfer and Assignment**

&nbsp;&nbsp;&nbsp;&nbsp;2.1 In discharge
 of the obligation described in Section 1.1(a) of this Agreement, CS hereby transfers
 to CS-KG the 4,979,000 shares in SCHMID Group N.V., having its registered seat in Freudenstadt
 and, registered with the Kamer van Koophandel under KVK 89188276, which are owned by him,
 and hereby assigns such shares to CS-KG with immediate effect. CS-KG accepts the assignment.
 CS shall arrange for the shares to be transferred into the securities account of CS-KG.

&nbsp;&nbsp;&nbsp;&nbsp;2.2 In discharge
 of the obligation described in Section 1.1(b) of this Agreement, CS hereby transfers
 to CS-KG the 10,341,000 shares in SCHMID Group N.V., having its registered seat in Freudenstadt
 and, registered with the Kamer van Koophandel under KVK 89188276, owned by him and which
 were assigned to him as legatee under the legacy fulfilment contract dated today, and hereby
 assigns such shares to CS-KG with immediate effect. CS-KG accepts the assignment. CS shall
 arrange for the shares to be transferred into the securities account of CS-KG.

&nbsp;&nbsp;&nbsp;&nbsp;2.3 In discharge
 of the obligation described in Section 1.1(c) of this Agreement, CS hereby transfers
 to CS-KG the beneficial ownership in the 2,500,000 Earn-Out Shares in SCHMID Group N.V.,
 having its registered seat in Freudenstadt and, registered with the Kamer van Koophandel
 under KVK 89188276, granted to him pursuant to the attached Earn-Out Agreement. CS-KG accepts
 the transfer. CS and CS-KG are aware that, pursuant to Clause 4 of the Earn-Out Agreement,
 legal title to the Earn-Out Shares is not transferable. In order instead to transfer beneficial
 ownership, CS and CS-KG enter into the trust agreement set out in Part C of this deed.

&nbsp;&nbsp;&nbsp;&nbsp;2.4 In discharge
 of the obligation described in Section 1.1(d) of this Agreement, CS hereby transfers
 to CS-KG the beneficial ownership of the 1,000,000 warrants relating to SCHMID Group N.V.,
 having its registered seat in Freudenstadt and, registered with the Kamer van Koophandel
 under KVK 89188276, which were transferred to him pursuant to the attached Warrant Transfer
 Agreement dated 29 January 2024. CS-KG accepts the transfer. In order to transfer beneficial
 ownership, CS and CS-KG enter into the trust agreement set out in Part C of this deed.

&nbsp;&nbsp;&nbsp;&nbsp;2.5 In discharge
 of the obligation described in Section 1.1(e) of this Agreement, CS hereby transfers
 to CS-KG the beneficial ownership of the additional 1,000,000 transfer warrants relating
 to SCHMID Group N.V., having its registered seat in Freudenstadt and, registered with the
 Kamer van Koophandel under KVK 89188276, to which he is entitled pursuant to the attached
 First Amendment to the Warrant Transfer Agreement dated 28 April 2024, entered into
 between Pegasus Digital Mobility Sponsor LLC as transferor and Ms Anette Schmid and CS, in
 each case as transferees (it being understood that these transfer warrants still have to
 be transferred by Pegasus Digital Mobility Sponsor LLC). CS-KG accepts the transfer. In order
 to transfer beneficial ownership, CS and CS-KG enter into the trust agreement set out in
 Part C of this deed.

**Section 3<br> Transfer Date**

The transfer of the transferred assets pursuant to Sections 2.1 through 2.5 shall take effect immediately with economic and tax effect (the **"Transfer Date"**). Benefits and burdens shall also pass as of that time.

**Section 4<br> Tax Neutrality**

All transferred assets referred to in Sections 2.1 through 2.5 above shall be transferred into the assets of CS-KG. In this connection, the following particular matters are noted:

&nbsp;&nbsp;&nbsp;&nbsp;a) The transferred
 assets referred to in Sections 2.1 through 2.5 are civil-law property of CS.

&nbsp;&nbsp;&nbsp;&nbsp;b) The 4,979,000
 shares in SCHMID Group N.V. (Section 2.1), having its registered seat in Freudenstadt
 and, registered with the Kamer van Koophandel under KVK 89188276, constitute special business
 assets (Sonderbetriebsvermögen) of CS in relation to Schmid Grundstücke GmbH &
 Co. KG, having its registered seat in Freudenstadt and, registered with the commercial register
 of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer to CS-KG is
 tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange for the
 grant of partnership rights.

&nbsp;&nbsp;&nbsp;&nbsp;c) The 10,341,000
 shares in SCHMID Group N.V. (Section 2.2), having its registered seat in Freudenstadt
 and, registered with the Kamer van Koophandel under KVK 89188276, which were assigned to
 CS as legatee pursuant to the legacy fulfilment contract dated today, constitute special
 business assets (Sonderbetriebsvermögen) of CS in relation to Schmid Grundstücke
 GmbH & Co. KG, having its registered seat in Freudenstadt and, registered with the
 commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer
 to CS-KG is tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange
 for the grant of partnership rights.

&nbsp;&nbsp;&nbsp;&nbsp;d) The beneficial
 ownership of the 2,500,000 Earn-Out Shares in SCHMID Group N.V. (Section 2.3), having
 its registered seat in Freudenstadt and, registered with the Kamer van Koophandel under KVK
 89188276, granted to CS pursuant to the Earn-Out Agreement attached as **Annex 2**, constitutes
 special business assets (Sonderbetriebsvermögen) of CS in relation to Schmid Grundstücke
 GmbH & Co. KG, having its registered seat in Freudenstadt and, registered with the
 commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer
 to CS-KG is tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange
 for the grant of partnership rights.

&nbsp;&nbsp;&nbsp;&nbsp;e) The beneficial
 ownership of the 1,000,000 warrants relating to SCHMID Group N.V. (Section 2.4), having
 its registered seat in Freudenstadt and, registered with the Kamer van Koophandel under KVK
 89188276, transferred to CS pursuant to the Warrant Transfer Agreement dated 29 January 2024
 attached as  **<u>Annex 3</u>** , entered into between Pegasus Digital Mobility Sponsor
 LLC as transferor and CS and Ms Anette Schmid, in each case as transferees, constitutes special
 business assets (Sonderbetriebsvermögen) of CS in relation to Schmid Grundstücke
 GmbH & Co. KG, having its registered seat in Freudenstadt and, registered with the
 commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 726509. The transfer
 to CS-KG is tax-neutral pursuant to Section 6(5) sentence 3 no. 2 EStG in exchange
 for the grant of partnership rights.

&nbsp;&nbsp;&nbsp;&nbsp;f) The beneficial
 ownership of the additional 1,000,000 transfer warrants relating to SCHMID Group N.V. (Section 2.5),
 having its registered seat in Freudenstadt and, registered with the Kamer van Koophandel
 under KVK 89188276, to which CS is entitled pursuant to the attached First Amendment to the
 Warrant Transfer Agreement dated 28 April 2024, entered into between Pegasus Digital
 Mobility Sponsor LLC as transferor and Ms Anette Schmid and CS, in each case as transferees
 (it being understood that these warrants still have to be transferred by Pegasus Digital
 Mobility Sponsor LLC), constitutes special business assets (Sonderbetriebsvermögen)
 of CS in relation to Schmid Grundstücke GmbH & Co. KG, having its registered
 seat in Freudenstadt and, registered with the commercial register of the Local Court (Amtsgericht)
 of Stuttgart under HRA 726509. The transfer to CS-KG is tax-neutral pursuant to Section 6(5) sentence
 3 no. 2 EStG in exchange for the grant of partnership rights.

**Section 5<br> Miscellaneous / Final Provisions**

&nbsp;&nbsp;&nbsp;&nbsp;7.1 The costs
 of this deed and of the registration in the commercial register shall be borne by the Company.

&nbsp;&nbsp;&nbsp;&nbsp;7.2 If any
 provision of this Agreement is or becomes wholly or partly void, invalid or unenforceable,
 the validity and enforceability of the remaining provisions shall not be affected thereby.
 To the extent permitted by law, the void, invalid or unenforceable provision shall be deemed
 replaced by such valid and enforceable provision as most closely reflects, in subject matter,
 scope, time, place and area of application, the economic purpose intended by the void, invalid
 or unenforceable provision. The same shall apply to any gaps in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;7.3 Any amendments
 to or supplements to this Agreement must be made in writing unless a stricter form is required.

Freudenstadt, dated May 14, 2026

    <br> Christian Schmid C. Schmid Beteiligung GmbH & Co. KG represented by its general partner, C. Schmid Beteiligungsverwaltung GmbH, itself represented by its managing director Christian Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB

**Part C<br> Trust Agreement**

Between

**Christian Schmid**, with business address at Robert-Bosch-Str. 32-34, 72250 Freudenstadt,

- hereinafter referred to as the **"Trustee"** -

and

C. **Schmid Beteiligung GmbH & Co. KG**, having its registered seat in Freudenstadt and, registered with the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRA 733808, represented by its general partner with unlimited liability, C. Schmid Beteiligungsverwaltung GmbH, having its registered seat in Freudenstadt and, registered in the commercial register of the Local Court (Amtsgericht) of Stuttgart under HRB 762503, itself represented by its managing director Christian Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB,

- hereinafter referred to as the **"Trustor"** -

the following Trust Agreement is entered into:

**Recitals**

In SCHMID Group N.V., having its registered seat in Freudenstadt and, registered with the Kamer van Koophandel under KVK 89188276 (hereinafter the **"Company"**), the Trustee holds, pursuant to the Earn-Out Agreement attached as **<u>Annex 2</u>**, 2,500,000 Earn-Out Shares (hereinafter the **"Earn-Out Shares"**) and, pursuant to the Warrant Transfer Agreement dated 29 January 2024 attached as **<u>Annex 3</u>**, a total of 1,000,000 Warrants (hereinafter the **"Warrants"**). In addition, pursuant to the First Amendment to the Warrant Transfer Agreement dated 28 April 2024 attached as **<u>Annex 4</u>**, the Trustee is entitled to the transfer of a further 1,000,000 Warrants (hereinafter the **"Transfer Warrants"**).

Legal title to the Earn-Out Shares is currently not transferable. The Warrants likewise cannot currently be transferred to the existing security account of the Trustor. However, the parties intend, as between themselves, to place the Trustor in the same position as if it had been the owner from today. The Trustor shall therefore become the beneficial owner of the Earn-Out Shares and the Warrants. Legal title to the Earn-Out Shares and the Warrants shall remain with the Trustee until further notice, and the Trustee shall henceforth hold and administer the Earn-Out Shares and the Warrants on trust for the Trustor.

The Transfer Warrants, which are still to be transferred to the Trustee in accordance with **<u>Annex 4</u>**, likewise cannot currently be transferred to the existing security account of the Trustor. However, the parties intend, as between themselves, to place the Trustor in the same position as if it had held the right to the Transfer Warrants from today, with the result that, upon the transfer of the Transfer Warrants to the Trustee, the Trustor shall become the beneficial owner of the Transfer Warrants. Legal title to the Transfer Warrants shall remain with the Trustee until further notice, and the Trustee shall hold and administer the right to the Transfer Warrants and, thereafter, the Transfer Warrants themselves on trust for the Trustor.

Now, therefore, the parties agree as follows:

**Section 1<br> Assumption of the Trust**

&nbsp;&nbsp;&nbsp;&nbsp;1.1 With immediate
 effect, the Trustee shall hold the Earn-Out Shares and the Warrants (the **"Trust Property"**) in trust for the Trustor, for the Trustor's account and risk and
 in accordance with the Trustor's instructions.

&nbsp;&nbsp;&nbsp;&nbsp;1.2 The Trustee
 shall hold the Transfer Warrants on trust for the Trustor, for the Trustor's account
 and risk and in accordance with the Trustor's instructions, from the time the Transfer
 Warrants are transferred to the Trustee. The parties agree that, from the time of such transfer,
 the provisions of this Agreement applicable to the Warrants shall apply mutatis mutandis
 to the Transfer Warrants. Until the Transfer Warrants are transferred to the Trustee, all
 rights and obligations under  **<u>Annex 4</u>** shall be exercised by the Trustee only
 in consultation with and only on the instructions of the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;1.3 As between
 the parties, all proprietary claims arising from the Trust Property shall belong to the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;1.4 The Trustee
 shall act in the interest of the Trustor. To the extent the Trust Property is to be recognised
 in the accounts, it shall be recognised in the accounts of the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;1.5 The Trustee
 hereby grants to the Trustor, with effect for the Trustee and beyond the Trustee's
 death, an irrevocable power of attorney to assign the Trust Property and all rights arising
 therefrom to itself or to a third party. This power of attorney may be exercised without
 proof of termination of the trust relationship.

**Section 2<br> Attribution of the Interest; Assignment of Proprietary Claims**

&nbsp;&nbsp;&nbsp;&nbsp;2.1 As against
 third parties, the Trustee is the civil-law holder of the Earn-Out Shares, the Warrants and
 the Transfer Warrants; as between the parties, and economically, the Earn-Out Shares, the
 Warrants and the Transfer Warrants shall be attributed to the Trustor. For tax purposes,
 the Earn-Out Shares, the Warrants and the Transfer Warrants shall be attributed to the Trustor
 as beneficial owner (Section 39(2) AO).

&nbsp;&nbsp;&nbsp;&nbsp;2.2 The Trustee
 hereby assigns to the Trustor all present and future proprietary claims arising from the
 Earn-Out Shares, the Warrants and the Transfer Warrants against the Company, including in
 particular rights to profit distributions, liquidation proceeds and any balance payable on
 a winding-up, and the Trustor hereby accepts such assignment..

**Section 3<br> Duties of the Trustee**

&nbsp;&nbsp;&nbsp;&nbsp;3.1 The Trustee
 shall be obliged to surrender to the Trustor everything the Trustee obtains by reason of
 this trust relationship, unless the Trustee continues to hold and administer it for the Trustor
 by mutual agreement or unless something else has been expressly agreed. At the Trustor's
 request, the Trustee shall at any time, to the extent legally permissible, assign the Earn-Out
 Shares, the Warrants and the Transfer Warrants to the Trustor or to a third party designated
 by the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;3.2 The Trustee
 shall be obliged to exercise or perform the Trustor's rights and obligations in relation
 to the Earn-Out Shares, the Warrants and the Transfer Warrants in accordance with the Trustor's
 instructions, to the extent permissible under law, the Company's constitutional documents
 or any other applicable agreements. Before exercising rights arising from the Earn-Out Shares,
 the Warrants or the Transfer Warrants, the Trustee shall obtain the Trustor's prior
 instructions. If it is not possible to obtain prior instructions or if no instruction has
 been given, the Trustee shall obtain the Trustor's subsequent approval. If no instructions
 are given to the Trustee, the Trustee shall act in the interest of the Trustor while observing
 the Trustee's duties of loyalty under company law toward the Company.

&nbsp;&nbsp;&nbsp;&nbsp;3.3 The Trustee
 shall be obliged to provide the Trustor with any information that the Trustee, as shareholder,
 may request from the Company, to the extent permissible under law, the Company's constitutional
 documents or any other applicable agreements.

&nbsp;&nbsp;&nbsp;&nbsp;3.4 In all
 other respects, the Trustee shall be liable to the Trustor only for the degree of care the
 Trustee customarily exercises in the Trustee's own affairs.

**Section 4<br> Duties of the Trustor**

&nbsp;&nbsp;&nbsp;&nbsp;4.1 The Trustor
 shall indemnify and hold harmless the Trustee from and against all claims of whatever nature
 asserted against the Trustee by reason of the fact that it holds and administers the Earn-Out
 Shares, the Warrants and the Transfer Warrants on trust for the Trustor.

&nbsp;&nbsp;&nbsp;&nbsp;4.2 The Trustor
 shall reimburse the Trustee for all expenses and costs associated with the trust, to the
 extent incurred for the proper performance of the Trustee's duties under this Agreement
 and unless otherwise agreed. This shall also apply to any tax burdens incurred by the Trustee
 as a result of holding and administering the Earn-Out Shares, the Warrants and the Transfer
 Warrants. The Trustee may require reasonable advances in respect of its costs and expenses.

**Section 5<br> Termination; End of the Trust Relationship**

The trust relationship may be terminated by the Trustee by written notice, without cause, upon six months' notice and shall end when such termination becomes effective. The trust relationship may further be terminated by the Trustor at any time by written notice without any notice period and with immediate effect.

**Section 6<br> Restriction on Transfer; Confidentiality**

&nbsp;&nbsp;&nbsp;&nbsp;6.1 The transfer
 of rights under this Agreement shall not be permitted without the prior consent of the other
 party.

&nbsp;&nbsp;&nbsp;&nbsp;6.2 The Trustor
 and the Trustee each undertake toward the other party to keep confidential the trust relationship
 and all information obtained from it, except where disclosure obligations apply by law; this
 confidentiality obligation shall not apply vis-à-vis the parties' tax advisers
 and legal advisers who are themselves bound by professional secrecy.

**Section 7<br> Miscellaneous / Final Provisions**

&nbsp;&nbsp;&nbsp;&nbsp;7.1 If any
 provision of this Agreement is or becomes wholly or partly void, invalid or unenforceable,
 the validity and enforceability of the remaining provisions shall not be affected thereby.
 To the extent permitted by law, the void, invalid or unenforceable provision shall be deemed
 replaced by such valid and enforceable provision as most closely reflects, in subject matter,
 scope, time, place and area of application, the economic purpose intended by the void, invalid
 or unenforceable provision. The same shall apply to the filling of any gaps in this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;7.2 Any amendments
 or additions to this Agreement must be made in writing unless a stricter form is required.

Freudenstadt, dated May 14, 2026

---

| | |
|:---|:---|
| Christian Schmid<br> (Trustee)<br>| C. Schmid Beteiligung GmbH & Co. KG (Trustor)<br>represented by its general partner, C. Schmid Beteiligungsverwaltung GmbH, itself represented by its managing director Christian Schmid, authorised to represent the company individually and exempt from the restrictions of Section 181 BGB  |

---

## Exhibit 99.14

**Exhibit 99.14**

**JOINT FILING AGREEMENT – Schedule 13D**

The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing of such Schedule 13D and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate.

In accordance with Rule 13d-1(k)(1) promulgated under the Securities and Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of to such a statement on Schedule 13D with respect to the common stock of beneficially owned by each of them. This Joint Filing Agreement shall be included as an exhibit to such Schedule 13D.

---

| | | |
|:---|:---|:---|
| Dated: May 18, 2026 |  |  |
|  | **Anette Schmid** | **Anette Schmid** |
|  | By: |  |
|  | Name: | Anette Schmid |
|  | Title: | Director |
|  | **Christian Schmid** | **Christian Schmid** |
|  | By: |  |
|  | Name: | Christian Schmid |
|  | Title: | Chief Executive Officer & Director |

---

---

| | |
|:---|:---|
| **Schmid Aequitas GmbH & Co. KG** | **Schmid Aequitas GmbH & Co. KG** |
| By: |  |
| Name: | Anette Schmid |
| Title: | Authorized Representative |
| **C. Schmid Beteiligung GmbH & Co. KG** | **C. Schmid Beteiligung GmbH & Co. KG** |
| By: |  |
| Name: | Christian Schmid |
| Title: | Authorized Representative |

---

## Exhibit 99.15

**Exhibit 99.15**

**VOTING AGREEMENT**

This Voting Agreement (this "**Agreement**") is entered into by and between Anette Schmid, Christian Schmid, Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG (the "**Parties**").

**Recitals**

WHEREAS, the Parties beneficially own ordinary shares of SCHMID Group N.V., a Dutch company listed on The Nasdaq Stock Market ("Nasdaq");

WHEREAS, the Parties together beneficially own more than 50% of the voting power of the Company; and

WHEREAS, the Shareholders wish to memorialize their agreement to act as a "group" within the meaning of Section 13(d)(3) of the Securities Exchange

Act of 1934, as amended (the "Exchange Act"), and Rule 13d-5 thereunder, and to qualify the Company as a "controlled company" within the meaning of Nasdaq Listing Rule 5615(c).

NOW, THEREFORE, the Shareholders agree as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. **Agreement to Vote Together.** At every meeting of the shareholders of the Company, however called, and in every action by written consent of the shareholders of the Company, each Party shall vote (or cause to be voted) all Shares beneficially owned by such Party in accordance with the joint determination prior to the applicable vote. The Shareholders shall consult in good faith with respect to each matter submitted for a vote of the Company's shareholders, including the election of directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. **Group Status; Controlled Company Status.** The Parties acknowledge and agree that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by reason of this Agreement, they constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act and Rule 13d-5 thereunder, and shall cooperate in good faith with respect to any joint filings required under Section 13(d) of the Exchange Act, including a Schedule 13D and any amendments thereto; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) as a result of their combined beneficial ownership and this Agreement, the Company qualifies as a "controlled company" within the meaning of Nasdaq Listing Rule 5615(c), and the Shareholders shall cooperate with the Company in connection with any disclosures or filings necessary to evidence such status.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. **Term**. This Agreement shall commence on the date hereof and continue until the earliest of: (a)) the written notice of one of the Parties to terminate this agreement, or (b) the date on which the Parties cease, in the aggregate, to beneficially own more than 50% of the voting power of the Company.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4. **Miscellaneous.** This Agreement: (a) shall be governed by the laws of Germany, without regard to its conflicts of laws principles; (b) constitutes the entire agreement of the Parties with respect to the subject matter hereof; (c) may be amended only by a writing signed by the Parties; and (d) may be executed in counterparts, including by electronic signature.

IN WITNESS WHEREOF, the Shareholders have executed this Agreement as of the date first written above.

---

| | | |
|:---|:---|:---|
| Dated: May 18, 2026 |  |  |
|  | **Anette Schmid** | **Anette Schmid** |
|  | By: |  |
|  | Name: | Anette Schmid |
|  | Title: | Director |
|  | **Christian Schmid** | **Christian Schmid** |
|  | By: |  |
|  | Name: | Christian Schmid |
|  | Title: | Chief Executive Officer & Director |

---

---

| | |
|:---|:---|
| **Schmid Aequitas GmbH & Co. KG** | **Schmid Aequitas GmbH & Co. KG** |
| By: |  |
| Name: | Anette Schmid |
| Title: | Authorized Representative |
| **C. Schmid Beteiligung GmbH & Co. KG** | **C. Schmid Beteiligung GmbH & Co. KG** |
| By: |  |
| Name: | Christian Schmid |
| Title: | Authorized Representative |

---

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## SCHEDULE 13D

### Under the Securities Exchange Act of 1934

**(Amendment No. 3)**

**SCHMID Group N.V.**

*(Name of Issuer)*

**Class A Ordinary Shares, nominal value EUR0.01 per share**

*(Title of Class of Securities)*

**—**

*(CUSIP Number)*

**Anette Schmid**<br>SCHMID Group N.V.<br>Robert-Bosch-Str. 32-36<br>Freudenstadt 2M 72250<br>49 7441 538 0

*(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)*

**05/14/2026**

*(Date of Event Which Requires Filing of this Statement)*

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Anette Schmid** | Name of reporting person<br>**Anette Schmid** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**30810000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**30810000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**30810000.00** | Aggregate amount beneficially owned by each reporting person<br>**30810000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**41.75%** | Percent of class represented by amount in Row (11)<br>**41.75%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Row 7 and 11: On May 14, 2026, the Community of Heirs of Dieter C. Schmid (Erbengemeinschaft) distributed all of its 14,937,000 ordinary shares of SCHMID Group N.V., with 10,341,000 ordinary shares transferred to Christian Schmid and 4,596,000 ordinary shares transferred to Anette Schmid. On the same date, in connection with capital increases and related transfer arrangements, Anette Schmid contributed (i) 6,894,000 ordinary shares previously held by her and (ii) the 4,596,000 ordinary shares received from the Erbengemeinschaft to Schmid Aequitas GmbH & Co. KG (for an aggregate of 11,490,000 ordinary shares), and Christian Schmid contributed (i) 4,979,000 ordinary shares previously held by him and (ii) the 10,341,000 ordinary shares received from the Erbengemeinschaft to C. Schmid Beteiligung GmbH & Co. KG (for an aggregate of 15,320,000 ordinary shares). In addition and under the same agreements, each GmbH & Co. KG received the economic ownership of (i) 2,500,000 Earn-Out Shares and (ii) 1,000,000 warrants plus an additional 1,000,000 transfer-warrants (with the transfer-warrants to be delivered), in each case through trustee/nominee arrangements where legal title or transfer mechanics were restricted. The Earn-Out Shares, issued to Anette Schmid and Christian Schmid by the Issuer on April 30, 2024, are not included in, and are not counted toward, the aggregate number of ordinary shares reported in Rows 7-11. Per the Earn-Out Agreement the voting and dispositive power for these shares has not yet vested in the Reporting Persons, for which reason the 5,000,000 earn-out shares have not been counted towards this aggregate share total. Anette Schmid, Christian Schmid, to Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG entered into a Joint Filing Agreement and a Joint Voting Agreement dated May 18, 2026 respectively. Pursuant to the Joint Filing Agreement the parties agreed agreed to file this Schedule 13D/A (and any subsequent amendments) jointly, and agreed to be responsible only for the completeness and accuracy of information relating to themselves and for timely filing. The Joint Voting Agreement, pursuant to which each party agreed to vote (or cause to be voted) all shares beneficially owned by such party in accordance with a joint determination, is also an acknowledgement by the parties that they constitute a "group" for purposes of Section 13(d)(3) and Rule 13d-5. Accordingly, each Reporting Person reports shared (and not sole) voting and dispositive power with the other Reporting Persons with respect to the securities reported herein.

Row 13: Based on the current number of outstanding ordinary shares, 57,800,864, and a total of 21,000,000 outstanding private and public warrants, a total of 78,800,864 ordinary shares are outstanding as of May 18, 2026 for the purposes of this Row 13. The percentage assumes a 1:1 conversion of all outstanding warrants to ordinary shares, but does not reflect the potential conversion of a EUR 2.5 million term loan facility with Black Forest Special Situations I, or the potential further conversion a USD 30 million convertible note and an additional 3,744,150 warrants, of which USD 12 million in convertible notes have been converted to date, as the number of shares these instruments convert into is subject to changes in USD-EUR exchange rates and the share price of the Company respectively.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Schmid Aequitas GmbH & Co. KG** | Name of reporting person<br>**Schmid Aequitas GmbH & Co. KG** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**13490000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**13490000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**13490000.00** | Aggregate amount beneficially owned by each reporting person<br>**13490000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**17.11%** | Percent of class represented by amount in Row (11)<br>**17.11%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** Row 7 and 11: On May 14, 2026, the Community of Heirs of Dieter C. Schmid (Erbengemeinschaft) distributed all of its 14,937,000 ordinary shares of SCHMID Group N.V., with 10,341,000 ordinary shares transferred to Christian Schmid and 4,596,000 ordinary shares transferred to Anette Schmid. On the same date, in connection with capital increases and related transfer arrangements, Anette Schmid contributed (i) 6,894,000 ordinary shares previously held by her and (ii) the 4,596,000 ordinary shares received from the Erbengemeinschaft to Schmid Aequitas GmbH & Co. KG (for an aggregate of 11,490,000 ordinary shares), and Christian Schmid contributed (i) 4,979,000 ordinary shares previously held by him and (ii) the 10,341,000 ordinary shares received from the Erbengemeinschaft to C. Schmid Beteiligung GmbH & Co. KG (for an aggregate of 15,320,000 ordinary shares). In addition and under the same agreements, each GmbH & Co. KG received the economic ownership of (i) 2,500,000 Earn-Out Shares and (ii) 1,000,000 warrants plus an additional 1,000,000 transfer-warrants (with the transfer-warrants to be delivered), in each case through trustee/nominee arrangements where legal title or transfer mechanics were restricted. The Earn-Out Shares, issued to Anette Schmid and Christian Schmid by the Issuer on April 30, 2024, are not included in, and are not counted toward, the aggregate number of ordinary shares reported in Rows 7-11. Per the Earn-Out Agreement the voting and dispositive power for these shares has not yet vested in the Reporting Persons, for which reason the 5,000,000 earn-out shares have not been counted towards this aggregate share total. Anette Schmid, Christian Schmid, to Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG entered into a Joint Filing Agreement and a Joint Voting Agreement dated May 18, 2026 respectively. Pursuant to the Joint Filing Agreement the parties agreed agreed to file this Schedule 13D/A (and any subsequent amendments) jointly, and agreed to be responsible only for the completeness and accuracy of information relating to themselves and for timely filing. The Joint Voting Agreement, pursuant to which each party agreed to vote (or cause to be voted) all shares beneficially owned by such party in accordance with a joint determination, is also an acknowledgement by the parties that they constitute a "group" for purposes of Section 13(d)(3) and Rule 13d-5. Accordingly, each Reporting Person reports shared (and not sole) voting and dispositive power with the other Reporting Persons with respect to the securities reported herein.

Row 13: Based on the current number of outstanding ordinary shares, 57,800,864, and a total of 21,000,000 outstanding private and public warrants, a total of 78,800,864 ordinary shares are outstanding as of May 18, 2026 for the purposes of this Row 13. The percentage assumes a 1:1 conversion of all outstanding warrants to ordinary shares, but does not reflect the potential conversion of a EUR 2.5 million term loan facility with Black Forest Special Situations I, or the potential further conversion a USD 30 million convertible note and an additional 3,744,150 warrants, of which USD 12 million in convertible notes have been converted to date, as the number of shares these instruments convert into is subject to changes in USD-EUR exchange rates and the share price of the Company respectively.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**Christian Schmid** | Name of reporting person<br>**Christian Schmid** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**30810000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**30810000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**30810000.00** | Aggregate amount beneficially owned by each reporting person<br>**30810000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**41.75%** | Percent of class represented by amount in Row (11)<br>**41.75%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**IN** | Type of Reporting Person (See Instructions)<br>**IN** | |

---

**Comment for Reporting Person:** Row 7 and 11: On May 14, 2026, the Community of Heirs of Dieter C. Schmid (Erbengemeinschaft) distributed all of its 14,937,000 ordinary shares of SCHMID Group N.V., with 10,341,000 ordinary shares transferred to Christian Schmid and 4,596,000 ordinary shares transferred to Anette Schmid. On the same date, in connection with capital increases and related transfer arrangements, Anette Schmid contributed (i) 6,894,000 ordinary shares previously held by her and (ii) the 4,596,000 ordinary shares received from the Erbengemeinschaft to Schmid Aequitas GmbH & Co. KG (for an aggregate of 11,490,000 ordinary shares), and Christian Schmid contributed (i) 4,979,000 ordinary shares previously held by him and (ii) the 10,341,000 ordinary shares received from the Erbengemeinschaft to C. Schmid Beteiligung GmbH & Co. KG (for an aggregate of 15,320,000 ordinary shares). In addition and under the same agreements, each GmbH & Co. KG received the economic ownership of (i) 2,500,000 Earn-Out Shares and (ii) 1,000,000 warrants plus an additional 1,000,000 transfer-warrants (with the transfer-warrants to be delivered), in each case through trustee/nominee arrangements where legal title or transfer mechanics were restricted. The Earn-Out Shares, issued to Anette Schmid and Christian Schmid by the Issuer on April 30, 2024, are not included in, and are not counted toward, the aggregate number of ordinary shares reported in Rows 7-11. Per the Earn-Out Agreement the voting and dispositive power for these shares has not yet vested in the Reporting Persons, for which reason the 5,000,000 earn-out shares have not been counted towards this aggregate share total. Anette Schmid, Christian Schmid, to Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG entered into a Joint Filing Agreement and a Joint Voting Agreement dated May 18, 2026 respectively. Pursuant to the Joint Filing Agreement the parties agreed agreed to file this Schedule 13D/A (and any subsequent amendments) jointly, and agreed to be responsible only for the completeness and accuracy of information relating to themselves and for timely filing. The Joint Voting Agreement, pursuant to which each party agreed to vote (or cause to be voted) all shares beneficially owned by such party in accordance with a joint determination, is also an acknowledgement by the parties that they constitute a "group" for purposes of Section 13(d)(3) and Rule 13d-5. Accordingly, each Reporting Person reports shared (and not sole) voting and dispositive power with the other Reporting Persons with respect to the securities reported herein.

Row 13: Based on the current number of outstanding ordinary shares, 57,800,864, and a total of 21,000,000 outstanding private and public warrants, a total of 78,800,864 ordinary shares are outstanding as of May 18, 2026 for the purposes of this Row 13. The percentage assumes a 1:1 conversion of all outstanding warrants to ordinary shares, but does not reflect the potential conversion of a EUR 2.5 million term loan facility with Black Forest Special Situations I, or the potential further conversion a USD 30 million convertible note and an additional 3,744,150 warrants, of which USD 12 million in convertible notes have been converted to date, as the number of shares these instruments convert into is subject to changes in USD-EUR exchange rates and the share price of the Company respectively.

| **CUSIP No.** | **—** |

---

| | | | |
|:--|:--|:--|:--|
| 1 | Name of reporting person<br>**C. Schmid Beteiligung GmbH & Co. KG** | Name of reporting person<br>**C. Schmid Beteiligung GmbH & Co. KG** | |
| 2 | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | Check the appropriate box if a member of a Group (See Instructions)<br>[x] (a)<br>[ ] (b) | |
| 3 | SEC use only | SEC use only | |
| 4 | Source of funds (See Instructions)<br>**OO** | Source of funds (See Instructions)<br>**OO** | |
| 5 | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)<br>[ ] | |
| 6 | Citizenship or place of organization<br>**2M** | Citizenship or place of organization<br>**2M** | |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 7 | Sole Voting Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 8 | Shared Voting Power<br>**17320000.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 9 | Sole Dispositive Power<br>**0.00** |
| Number of Shares<br>Beneficially Owned by<br>Each Reporting Person With: | 10 | Shared Dispositive Power<br>**17320000.00** |
| 11 | Aggregate amount beneficially owned by each reporting person<br>**17320000.00** | Aggregate amount beneficially owned by each reporting person<br>**17320000.00** | |
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)<br>[ ] | |
| 13 | Percent of class represented by amount in Row (11)<br>**21.98%** | Percent of class represented by amount in Row (11)<br>**21.98%** | |
| 14 | Type of Reporting Person (See Instructions)<br>**PN** | Type of Reporting Person (See Instructions)<br>**PN** | |

---

**Comment for Reporting Person:** Row 7 and 11: On May 14, 2026, the Community of Heirs of Dieter C. Schmid (Erbengemeinschaft) distributed all of its 14,937,000 ordinary shares of SCHMID Group N.V., with 10,341,000 ordinary shares transferred to Christian Schmid and 4,596,000 ordinary shares transferred to Anette Schmid. On the same date, in connection with capital increases and related transfer arrangements, Anette Schmid contributed (i) 6,894,000 ordinary shares previously held by her and (ii) the 4,596,000 ordinary shares received from the Erbengemeinschaft to Schmid Aequitas GmbH & Co. KG (for an aggregate of 11,490,000 ordinary shares), and Christian Schmid contributed (i) 4,979,000 ordinary shares previously held by him and (ii) the 10,341,000 ordinary shares received from the Erbengemeinschaft to C. Schmid Beteiligung GmbH & Co. KG (for an aggregate of 15,320,000 ordinary shares). In addition and under the same agreements, each GmbH & Co. KG received the economic ownership of (i) 2,500,000 Earn-Out Shares and (ii) 1,000,000 warrants plus an additional 1,000,000 transfer-warrants (with the transfer-warrants to be delivered), in each case through trustee/nominee arrangements where legal title or transfer mechanics were restricted. The Earn-Out Shares, issued to Anette Schmid and Christian Schmid by the Issuer on April 30, 2024, are not included in, and are not counted toward, the aggregate number of ordinary shares reported in Rows 7-11. Per the Earn-Out Agreement the voting and dispositive power for these shares has not yet vested in the Reporting Persons, for which reason the 5,000,000 earn-out shares have not been counted towards this aggregate share total. Anette Schmid, Christian Schmid, to Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG entered into a Joint Filing Agreement and a Joint Voting Agreement dated May 18, 2026 respectively. Pursuant to the Joint Filing Agreement the parties agreed agreed to file this Schedule 13D/A (and any subsequent amendments) jointly, and agreed to be responsible only for the completeness and accuracy of information relating to themselves and for timely filing. The Joint Voting Agreement, pursuant to which each party agreed to vote (or cause to be voted) all shares beneficially owned by such party in accordance with a joint determination, is also an acknowledgement by the parties that they constitute a "group" for purposes of Section 13(d)(3) and Rule 13d-5. Accordingly, each Reporting Person reports shared (and not sole) voting and dispositive power with the other Reporting Persons with respect to the securities reported herein.

Row 13: Based on the current number of outstanding ordinary shares, 57,800,864, and a total of 21,000,000 outstanding private and public warrants, a total of 78,800,864 ordinary shares are outstanding as of May 18, 2026 for the purposes of this Row 13. The percentage assumes a 1:1 conversion of all outstanding warrants to ordinary shares, but does not reflect the potential conversion of a EUR 2.5 million term loan facility with Black Forest Special Situations I, or the potential further conversion a USD 30 million convertible note and an additional 3,744,150 warrants, of which USD 12 million in convertible notes have been converted to date, as the number of shares these instruments convert into is subject to changes in USD-EUR exchange rates and the share price of the Company respectively.

**Item 1. Security and Issuer**

**(a) Title of Class of Securities:**
Class A Ordinary Shares, nominal value EUR0.01 per share

**(b) Name of Issuer:**
SCHMID Group N.V.

**(c) Address of Issuer's Principal Executive Offices:**
ROBERT-BOSCH-STR. 32-36, FREUDENSTADT, 2M, 72250

**Item 4. Purpose of Transaction**

The information set forth in Item 3 of this Schedule 13D/A is incorporated herein by reference.

All of the Ordinary Shares reported herein as beneficially owned by the Reporting Persons were acquired in connection with the Exchange and the Business Combination described in Item 3, as well as subsequent internal restructuring transactions, including the allocation and contribution of such Ordinary Shares to HoldCos controlled by the Reporting Persons.

On May 14, 2026, the Reporting Persons effected an internal reorganization pursuant to which Ordinary Shares held by Anette Schmid and Christian Schmid, including shares distributed from the Erbengemeinschaft, were contributed to and are now directly held by Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG, respectively. In addition, the economic interests in certain Earn-Out Shares and warrants were allocated to such entities through arrangements intended to transfer the economic benefits of such securities, including through trustee or nominee structures where direct legal ownership could not be transferred. These transactions were undertaken for estate planning, organizational and tax structuring purposes and did not involve the payment of cash consideration.

On May 18, 2026, the Reporting Persons entered into a Joint Voting Agreement pursuant to which they agreed to vote or cause to be voted all Ordinary Shares beneficially owned by them in accordance with a joint determination. As a result of such agreement, the Reporting Persons may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Act, and, accordingly, may be deemed to beneficially own the securities beneficially owned by each other Reporting Person.

Anette Schmid and Christian Schmid currently serve on the board of directors of the Issuer, and Christian Schmid also serves as Chief Executive Officer of the Issuer. As a result of their direct and indirect ownership of Ordinary Shares and their positions with the Issuer, the Reporting Persons have the ability to influence the management and policies of the Issuer.

The Reporting Persons intend to hold their respective interests in the Issuer for investment purposes and to support the ongoing management and operation of the Issuer. Except as described herein, the Reporting Persons do not have any present plans or proposals that relate to or would result in any of the transactions or other matters described in clauses (a) through (j) of Item 4 of Schedule 13D, although the Reporting Persons may, from time to time, review their investment in the Issuer and, subject to applicable law, may determine to increase or decrease their ownership position or to pursue or consider other plans or proposals relating to the Issuer.

**Item 5. Interest in Securities of the Issuer**

**(a)**
As a result of the transactions described in Item 3 and the Joint Voting Agreement described in Item 6, Anette Schmid, Christian Schmid, Schmid Aequitas GmbH & Co. KG and C. Schmid Beteiligung GmbH & Co. KG may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Act. Accordingly, each Reporting Person may be deemed to beneficially own an aggregate of 30,810,000 Ordinary Shares (consisting of 26,810,000 outstanding Ordinary Shares held directly by the HoldCos and 4,000,000 Ordinary Shares issuable upon exercise of the warrants held through the arrangements described above), representing approximately 41.75% of the outstanding Ordinary Shares of the Issuer.

Schmid Aequitas GmbH & Co. KG directly holds 11,490,000 Class A Ordinary Shares, and C. Schmid Beteiligung GmbH & Co. KG directly holds 15,320,000 Class A Ordinary Shares, and each hold economic ownership of 2,000,000 warrants. Anette Schmid, as the sole limited partner of Schmid Aequitas GmbH & Co. KG, and Christian Schmid, as the sole limited partner of C. Schmid Beteiligung GmbH & Co. KG, may each be deemed to beneficially own the Ordinary Shares and warrants held by their respective HoldCos.

In addition, each such entity holds economic interests in 2,500,000 Earn-Out Shares; however, such Earn-Out Shares are not included in the aggregate number of Ordinary Shares reported in this Item 5.

Each Reporting Person disclaims beneficial ownership of the Ordinary Shares beneficially owned by the other Reporting Persons except to the extent of such Reporting Person's pecuniary interest therein. The filing of this Schedule 13D/A shall not be construed as an admission that any Reporting Person is the beneficial owner of any securities covered by this Schedule 13D/A other than the securities actually owned by such person.

**(b)**
As a result of the Joint Voting Agreement described in Item 6, each Reporting Person may be deemed to share voting and dispositive power with the other Reporting Persons with respect to the Ordinary Shares beneficially owned by the group. Accordingly, each Reporting Person reports shared power to vote and to direct the disposition of 30,810,000 Ordinary Shares and does not report sole voting or dispositive power over any Ordinary Shares.

**(c)**
During the sixty days preceding the filing of this Amendment to Schedule 13D, Christian Schmid effected the following transactions in Ordinary Shares of the Issuer:

(i) on March 6, 2026, 408,252 shares sold at a price of $6.2746 per share;

(ii) on March 9, 2026, 1,231,748 shares sold at a price of $6.0032 per share; and

(iii) on March 10, 2026, 275,000 shares sold at a price of $6.0028 per share, each in open market transactions through a broker.

No other Reporting Person effected any transactions in Ordinary Shares of the Issuer during such period.

**Item 6. Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer.**

Business Combination Agreement and Amendments thereto: Pegasus, Gebr. Schmid GmbH, Pegasus TopCo B.V. and Pegasus MergerSub Corp.entered into a Business Combination Agreement, which was twice amended (the "Business Combination Agreement"). Under this agreement, among other things, the shareholders of Gebr. Schmid GmbH were to contribute all of their shares in Gebr. Schmid GmbH to TopCo for a majority stake in TopCo, and shareholders of Pegasus (a publicly traded company listed on the NYSE) were also to receive shares in TopCo for the transfer to Schmid shareholders of TopCo. In addition to other provisions the agreement stipulated successful application by TopCo to be listed on the NASDAQ as a condition to closing.

Earn-out Agreement: Pegasus, Pegasus TopCo B.V. and the Reporting Persons entered into an earn-out agreement pursuant to which (i) 2,500,000 TopCo shares will be issued to Anette Schmid and Christian Schmid (in equal parts) if the share price of TopCo following the completion of the business combination reaches USD 15.00 and (ii) 2,500,000 TopCo shares will be issued to Anette Schmid and Christian Schmid (in equal parts) if the share price of TopCo following the completion of the business combination reaches USD 18.00 (the "Earn-out Agreement"). The Earn-out Agreement expires after three (3) years from the date of the completion of the business combination.

Registration Rights Agreement: The Reporting Persons are party to that certain Registration Rights Agreement with the Issuer, Pegasus, and Sponsor (the ''Registration Rights Agreement''), providing for, among other things, customary registration rights. The Issuer has agreed to file a shelf registration statement to register the shares of the Issuer covered by the Registration Rights Agreement no later than thirty days following consummation of the Business Combination.

Private Warrants Transfer Agreement: Concurrently with the execution of the Second Amendment to the Business Combination Agreement, Sponsor and the Reporting Persons entered into an agreement pursuant to which the Sponsor committed to transfer 2,000,000 private warrants of Pegasus to Anette Schmid (1,000,000 private warrants) and Christian Schmid (1,000,000 private warrants) subject to the closing of the Business Combination (the "Private Warrants Transfer Agreement").

Warranty Agreement: Pegasus, Pegasus TopCo B.V., Validus/StratCap, LLC and Gebr. Schmid GmbH entered into an agreement in which StratCap guaranteeing the total indebtedness of Pegasus and TopCo remaining at the closing of the Business Combination would not exceed USD 7.4 million, of which USD 2.75 million are deferred by nine months from the closing (or earlier if TopCo enters into a loan agreement for more than EUR 10 million). In addition, StratCap agreed to provide a loan of USD 2.35 million to TopCo within 30 days after closing of the Business Combination repayable within 12 months after closing (or earlier if TopCo enters into a loan agreement for more than EUR 10 million). Further, the parties to the warranty agreement agreed that the Sponsor shall transfer a further 2,000,000 warrants to Christian Schmid and Anette Schmid when a loan agreement for more than EUR 10 million is concluded or when the USD 2.75 million of deferred costs are paid by the Issuer, whichever comes first (the "Warranty Agreement"). The 2,000,000 warrants still are contractually required to be transferred to Christian Schmid and Anette Schmid.

Shareholders Undertaking and Amendment thereto: As part of this agreement the Reporting Persons undertook and agreed to fully support and implement the Transactions relating to the Business Combination, omit any actions which could be of detriment to the implementation of the Transactions, vote against any resolution that would reasonably be expected to impede or adversely affect the Transactions, and contribute Gebr. Schmid GmbH Shares to TopCo in exchange for TopCo Shares. The Shareholders' Undertaking Agreement was then modified, and an Amendment agreed concurrently with the execution of the Second Amendment to the Business Combination Agreement to reflect the changes agreed in the Business Combination Agreement (the " Shareholders' Undertaking" and the "First Amendment to the Schmid Shareholders' Undertaking").

Private Warrants Undertaking Agreement: Sponsor, Pegasus, Gebr. Schmid GmbH, the Reporting Persons and certain individuals party thereto (comprising the officers and directors of Pegasus) entered into an agreement, pursuant to which, among other things, the parties agreed to (i) only exercise their private warrants on a "cashless basis" in accordance with the terms of the private warrants, (ii) in case the reference price of the TopCo shares subsequently to the business combination closing reach USD 18.00 to, on a "cashless basis" exercise their warrants in accordance with terms of the private warrants unless such warrants have been previously redeemed or exercised (the "Private Warrants Undertaking Agreement").

Lock-Up Agreement: The Reporting Persons entered into a Lock-Up Agreement, pursuant to which they will not to, without the prior written consent of the board of directors of Issuer, effect any transaction or enter into any arrangement which is designed to or which reasonably could be expected to lead to or result in a sale or disposition of any Class A Shares them immediately after the Closing, nor to publicly announce any intention to effect or enter the same, during the period beginning on the Closing and ending on the date that is one year after the Closing (the "Lock-Up Agreement").

Capital increase and transfer agreement - Schmid Aequitas GmbH & Co. KG: Anette Schmid entered into a capital increase and transfer agreement with her HoldCo pursuant to which she increased her limited partnership interest and contributed to such entity 11,490,000 Class A Ordinary Shares, together with the economic ownership of certain Earn-Out Shares and warrants (including transfer warrants). To the extent legal title to certain of such securities could not be transferred, such interests are held through trustee or nominee arrangements under which the economic benefits are attributed to the HoldCo and exercised in accordance with instructions, subject to the terms and limitations of the underlying agreements.

Capital increase and transfer agreement - C. Schmid Beteiligung GmbH & Co. KG: Christian Schmid entered into a capital increase and transfer agreement with his HoldCo pursuant to which he increased his limited partnership interest and contributed to such entity 15,320,000 Class A Ordinary Shares, together with the economic ownership of certain Earn-Out Shares and warrants (including transfer warrants). To the extent legal title to certain of such securities could not be transferred, such interests are held through trustee or nominee arrangements under which the economic benefits are attributed to the HoldCo and exercised in accordance with instructions, subject to the terms and limitations of the underlying agreements.

Joint Filing Agreement: The Reporting Persons entered into a Joint Filing Agreement pursuant to which they agreed to file this Schedule 13D (and any amendments hereto) jointly and to assume responsibility for the completeness and accuracy of the information concerning themselves, in each case in accordance with Rule 13d 1(k) under the Act.

Joint Voting Agreement: The Reporting Persons entered into a Joint Voting Agreement pursuant to which they agreed to vote, or cause to be voted, all Ordinary Shares beneficially owned by them in accordance with a joint determination and acknowledged that they constitute a "group" within the meaning of Section 13(d)(3) of the Act. The Joint Voting Agreement provides for coordinated action with respect to shareholder votes and remains in effect until terminated in accordance with its terms or until the parties cease, in the aggregate, to beneficially own a majority of the voting power of the Issuer.

These summaries are qualified by the actual terms of the agreements, copies of which are attached as exhibits to this Schedule 13D and are incorporated herein by reference.

### SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Anette Schmid

**Signature:** /s/ Anette Schmid

**Name/Title:** Anette Schmid/Director

**Date:** 05/18/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Schmid Aequitas GmbH & Co. KG

**Signature:** /s/ Anette Schmid

**Name/Title:** Anette Schmid/ Limited Partner

**Date:** 05/18/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** Christian Schmid

**Signature:** /s/ Christian Schmid

**Name/Title:** Christian Schmid/Chief Executive Officer & Director

**Date:** 05/18/2026

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

**Reporting Person:** C. Schmid Beteiligung GmbH & Co. KG

**Signature:** /s/ Christian Schmid

**Name/Title:** Christian Schmid/ Limited Partner

**Date:** 05/18/2026