Document:

Convenience
Translation. The German version is authoritative

 

ARTICLES
OF ASSOCIATION OF BIONTECH SE

		I.	General
                                         Provisions

		§
                                         1	Company
                                         Name, Registered Office and Financial Year

		(1)	The
                                         name of the Company is “BioNTech SE”.

		(2)	The
                                         Company has its registered office in Mainz, Germany.

		(3)	The
                                         financial year is the calendar year.

		§
                                         2	Purpose
                                         of Enterprise

		(1)	The
                                         purpose of the Company is the research and development, manufacture and marketing of
                                         immunological and RNA-based drugs and test methods for the diagnosis, prevention and
                                         treatment of cancer, infectious diseases and other serious diseases.

		(2)	The
                                         Company may undertake all transactions and actions that are expedient for serving the
                                         Company’s purpose. It is also authorized to establish and acquire other companies
                                         and to invest in other companies, as well as to manage such companies or to limit itself
                                         to the administration of the investment.

		§
                                         3	Announcements

All
of the Company’s announcements shall be made exclusively in the German Federal Gazette (Bundesanzeiger).

		II.	Share
                                         Capital and Shares

		§
                                         4	Amount
                                         and Division of Share Capital; Deviating Profit Participation

		(1)	The
                                         Company’s share capital totals EUR 246,310,081 and is divided into 246,310,081
                                         no-par value shares.

		(2)	Any
                                         right of the shareholders to request that share certificates be issued is excluded, to
                                         the extent permitted by law or unless certification is required under applicable stock
                                         exchange rules where the shares or rights or certificates representing them are admitted
                                         for trading. Global certificates for shares may be issued. Form and content of these
                                         certificates shall be determined by the Management Board.

		(3)	The
                                         shares are registered shares.

		(4)	In
                                         the event of a capital increase, the profit participation of new shares may be determined
                                         in deviation from section 60(2) sentence 3 German Stock Corporation Act (AktG).

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		(5)	The
                                         Management Board is authorized, with the consent of the Supervisory Board, to increase
                                         the Company’s share capital in the period up to 18 August 2024 on one occasion
                                         or on multiple occasions by up to a total of EUR 91,812,171 by issuing up to 91,812,171
                                         new, no-par value registered shares against contributions in cash or in kind (Authorized
                                         Capital). In principle, the shareholders are to be granted a subscription right. The
                                         shares may also be acquired by one or more banking institution(s) or one or more companies
                                         operating according to section 53(1) sentence 1 Banking Act (Kreditwesengesetz;
                                         KWG) or section 53b(1) sentence 1 or (7) KWG, with the requirement that the shares
                                         are offered to the Company’s shareholders for purchase (so-called indirect subscription
                                         right). The Management Board is authorized to exclude the subscription right of shareholders
                                         in one or more instance(s) of a capital increase as part of the Authorized Capital, subject
                                         to Supervisory Board approval,

		(a)	to
                                         exclude fractional amounts from the subscription right,

		(b)	in
                                         the case of a capital increase against cash contributions, if the issue price of the
                                         new shares is not significantly lower than the market price of the Company’s shares
                                         already listed on the stock exchange at the time the issue price is finally determined.
                                         However, this authorization shall only apply provided that the shares issued excluding
                                         subscription rights in accordance with section 186(3) sentence 4 AktG may not exceed
                                         a total of 10% of the share capital either at the time this authorization takes effect
                                         or - if this amount is lower - at the time this authorization is exercised. This limit
                                         of 10% of the share capital includes shares which are issued or disposed of during the
                                         term of this authorization until the date of its exercise in direct or equivalent application
                                         of section 186(3) sentence 4 AktG. Shares which are used to service bonds with convertible
                                         or option rights or convertible obligations are to be offset against the 10% limit if
                                         these bonds were issued under exclusion of shareholder subscription rights in accordance
                                         with section 186(3) sentence 4 AktG during the entitlement period. Treasury shares are
                                         to be offset against the 10% limit, where they were disposed of by the Company during
                                         the term of this authorization with the exclusion of subscription rights pursuant to
                                         or in analogous application of section 186(3) sentence 4 AktG;

		(c)	in
                                         the case of capital increases in exchange for contributions in kind, in particular in
                                         order to be able to offer the shares to third parties when purchasing companies, parts
                                         of companies or interests in companies as well as licenses or industrial property rights;

		(d)	in
                                         order to grant subscription rights to new shares to holders of conversion or option rights
                                         in respect of bonds issued by the Company or its subordinated domestic or foreign group
                                         companies, to the extent to which they would be entitled after exercising their conversion
                                         or option rights or after fulfilling an agreed conversion obligation;

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		(e)	to
                                         implement an election dividend (scrip dividend/share dividend) by which shareholders
                                         are given the option to contribute their dividend entitlements to the Company (either
                                         in whole or part) as a contribution in kind against issuance of new shares in the Company;

		(f)	in
                                         capital increases, in each case if excluding subscription rights, according to the assessment
                                         by the Management Board, is expedient to the shares’ successful placement in view
                                         of the requirements of eligible investors and if the discount by which the issue price
                                         of the shares may be below the current stock ex-change price at the time the Management
                                         Board adopts the resolution on using authorized capital, according to the assessment
                                         by the Management Board, does not exceed the extent necessary for a successful placement
                                         and in any case does not exceed 10% of either the latest available closing price at the
                                         time when the issue price is fixed or the volume-weighted average price over a period
                                         of up to five trading days ending on the day on which the issue price is so fixed,

		(g)	in
                                         case shares are to be issued to a member of the Management Board of the Company or to
                                         another person who is employed by the Company or one of its affiliates and a minimum
                                         holding period of at least one year and the obligation to transfer back the shares in
                                         the event that the beneficiary is not employed by the Company or one of its affiliated
                                         companies for the entire duration of the holding period or any other agreed period is
                                         agreed upon. Additional restrictions with regard to the shares issued may be agreed upon
                                         and

		(h)	to
                                         satisfy an option to acquire additional shares or American Depositary Shares agreed with
                                         issuing banks in connection with a public offer of the Company’s shares in the
                                         form of American Depositary Shares.

The
total number of new shares issued from the Authorized Capital and under exclusion of subscription rights pursuant to sentence
4 lit. a) to c) and f) above may not exceed 20% of the share capital, either at the time this sentence 5 as amended by the resolution
of the General Meeting of 26 June 2020 takes effect or – if lower – at the time it is utilized. To be taken into account
in the aforementioned 20%-limit are: (i) those shares issued or to be issued to satisfy conversion or option rights or conversion
or option obligations or tender rights of the issuer under bonds, if the bonds have been issued during the term of this authorization
up to the time of its exercise, excluding the subscription rights of shareholders, as well as (ii) treasury shares that have been
disposed under exclusion of subscription rights during the term of this authorization (except in the case of lit. b) para (v),
(vi) or (vii) of the resolution to item no. 8 of the General Meeting of 19 August 2019).

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The
new shares participate in the profits as of the beginning of the first fiscal year for which the annual financial statements have
not yet been submitted to the General Meeting at the time of registration of the implementation of the capital increase. The Management
Board is authorized to determine further details of the capital increase and its implementation with the consent of the Supervisory
Board.

		(6)	The
                                         share capital is conditionally increased by up to EUR 21,874,806 by issuing up to 21,874,806
                                         new registered no-par value shares each representing a notional value of EUR 1.00 of
                                         the share capital (Conditional Capital ESOP 2017/2019). The sole purpose of the Conditional
                                         Capital ESOP 2017/2019 is the grant of rights to holders of stock options issued by the
                                         Company under the authorization granted by the General Meeting of 18 August 2017
                                         under agenda item 5.a), also in the version of such authorization as amended by resolution
                                         of the General Meeting of 19 August 2019 on agenda item 6.a) (together the
                                         “Authorization 2017/2019”). The shares shall be issued at the strike price
                                         determined in accordance with the provisions of the Authorization 2017/2019 in the version
                                         applicable at the time of its exercise. The conditional capital increase shall only be
                                         implemented to the extent that the holders of the stock options issued by the Company
                                         under the Authorization 2017/2019 exercise their subscription rights and the Company
                                         does not satisfy the stock options by delivering treasury shares or by a cash payment.
                                         The new shares shall be entitled to dividends from the beginning of the previous financial
                                         year if they are created by the exercise of subscription rights up until the start of
                                         the Annual General Meeting of the Company, and otherwise from the beginning of the financial
                                         year in which they are created as a result of the exercise of the stock options.

		(7)	The
                                         share capital is conditionally increased by up to EUR 87,499,260 by issuing up to
                                         87,499,260 new registered no-par value shares, each representing a notional value of
                                         EUR 1.00 of the share capital (Conditional Capital WSV 2019). The conditional capital
                                         increase shall only be carried out to the extent that the holders or creditors of option
                                         rights or conversion rights or those under an obligation to convert under warrant-linked
                                         or convertible bonds issued in return for cash contributions and issued or guaranteed
                                         by the Company or by a subordinate Company group entity up to, and including, 18 August
                                         2024 based on Management Board authorisation as per the shareholder resolution conferring
                                         such authorisation passed at the General Meeting of 19 August 2019 avail of their option
                                         rights or conversion rights or where they are under an obligation to convert, to the
                                         extent they satisfy their obligation to convert, or to the extent that the Company exercises
                                         a right to choose to grant Company shares, in whole or in part instead of paying a monetary
                                         amount due, and to the extent cash compensation is not granted in each relevant case
                                         or treasury shares or shares of another stock-listed company are not utilised for servicing.
                                         The new shares are issued at the warrant exercise price or conversion price to be determined
                                         in each case in accordance with the aforementioned resolution granting authorisation.
                                         The new shares shall carry an entitlement to dividends from the beginning of the financial
                                         year in which they are created; as far as the law permits, the Management Board can confer
                                         dividend rights of new shares in derogation of the foregoing and of section 60(2) AktG
                                         and also for a financial year that has already ended. The Management Board is authorised,
                                         subject to Supervisory Board approval, to determine the further details for implementing
                                         the conditional capital increase.

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		(8)	To
                                         the extent that the above paragraphs provide for authorized or conditional capital, the
                                         Supervisory Board is authorized to amend the wording of the Articles of Association after
                                         expiry of the period for utilization of the authorized capital and in accordance with
                                         the extent of capital increases carried out on the basis thereof.

		III.	The
                                         Executive Bodies of the Company

		§
                                         5	Two-Tier
                                         System

		(1)	The
                                         Company has a two-tier management and supervisory system consisting of a management body
                                         (Management Board) and a supervisory body (Supervisory Board).

		(2)	The
                                         Company’s executive bodies are the Management Board, the Supervisory Board and
                                         the General Meeting.

		IV.	Management
                                         Board

		§
                                         6	Composition

		(1)	The
                                         Management Board shall consist of at least two persons. The members of the Management
                                         Board are appointed for a maximum term of five years. Reappointments are permitted.

		(2)	The
                                         number of members of the Management Board is otherwise determined by the Supervisory
                                         Board.

		(3)	The
                                         appointment of deputy members of the Management Board is permissible.

		§
                                         7	Management,
                                         Representation

		(1)	The
                                         members of the Management Board shall conduct the business of the Company in accordance
                                         with the law, the Articles of Association and the rules of procedure issued by the Supervisory
                                         Board.

		(2)	The
                                         Company shall be represented by two members of the Management Board or by one member
                                         of the Management Board jointly with one holder of a general commercial power of representation
                                         (Prokurist). If only one member of the Management Board is appointed, the Company
                                         will be represented by this individual alone. The Supervisory Board may grant one, several
                                         or all members of the Management Board sole power of representation.

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		(3)	The
                                         Supervisory Board may, by resolution, authorize members of the Management Board in general
                                         or in individual cases to conclude legal transactions simultaneously for the Company
                                         and as representatives of a company affiliated with the Company within the meaning of
                                         section 15 AktG as well as in individual cases simultaneously for the Company and
                                         as representatives of a third party.

		(4)	The
                                         Supervisory Board may appoint a spokesman or a chairperson of the Management Board.

		(5)	Furthermore,
                                         the Supervisory Board shall issue rules of procedure for the Management Board and shall
                                         determine in particular which types of business may only be transacted with its consent.

		§
                                         8	Passing
                                         of Resolutions

		(1)	The
                                         Management Board is quorate if all members of the Management Board are invited and at
                                         least half of its members participate in the adoption of the resolution, unless otherwise
                                         required by mandatory law. Members of the Management Board may cast their vote in writing,
                                         by telephone, by telefax or by means of electronic media.

		(2)	The
                                         resolutions of the Management Board are passed by a majority of the votes cast, unless
                                         otherwise required by mandatory law. Abstentions shall not to be taken into account.
                                         In the event of a tie the chairperson shall have a casting vote, if such person has been
                                         appointed. This does not apply to a spokesman of the Management Board who may have been
                                         appointed.

		V.	Supervisory
                                         Board

		§
                                         9	Composition,
                                         Term of Office and Remuneration

		(1)	The
                                         Supervisory Board shall comprise of four members.

		(2)	Unless
                                         the General Meeting resolves on a shorter period when electing individual Supervisory
                                         Board members to be elected by it or for the full Supervisory
                                         Board, the Supervisory Board members shall be elected for a period ending no later than
                                         the end of the General Meeting which resolves on the discharge for the fourth financial
                                         year after the election. The fiscal year in which the term of office begins is not included
                                         in this calculation. Re-election is possible.

		(3)	The
                                         successor to a member who leaves the Supervisory Board before the end of his or her term
                                         of office shall only be elected for the remainder of the term of office of the member
                                         who has left the Supervisory Board.

		(4)	When
                                         electing Supervisory Board members, the General Meeting may for the same period elect
                                         a substitute member for several or all Supervisory Board members or as many substitute
                                         members as Supervisory Board members and determine the order in which they shall replace
                                         the Supervisory Board members who leave the Supervisory Board during their term of office
                                         for the remaining term of office.

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		(5)	Each
                                         member of the Supervisory Board may resign from office by submitting a written declaration
                                         to the Management Board. A period of one month must be observed.

		(6)	In
                                         addition to reimbursement of their expenses, the members of the Supervisory Board receive
                                         an annual remuneration of EUR 50,000, the chairperson three times this amount and the
                                         deputy chairperson one and a half times this amount. The chairperson of the Audit Committee
                                         receives an additional annual remuneration of EUR 20,000. The members of the Supervisory
                                         Board who are only members of the Supervisory Board for part of the fiscal year or who
                                         chair or deputy chair the Supervisory Board or the Audit Committee receive the respective
                                         remuneration pro rata temporis. The same shall apply if this provision or a specific
                                         version of this provision is only in force for part of the financial year. If the reimbursement
                                         of out-of-pocket expenses or the remuneration is subject to value-added tax, value-added
                                         tax shall be payable in addition.

		§
                                         10	Chairperson
                                         and deputy

		(1)	The
                                         Supervisory Board shall elect a chairperson and a deputy chairperson from among its members
                                         for the duration of its term of office. In these elections the oldest member of the Supervisory
                                         Board in terms of age is the chairperson. The deputy shall have the rights of the chairperson
                                         if the latter is prevented from attending or delegates his or her representation to him
                                         or her.

		(2)	If
                                         the chairperson or his/her deputy departs prematurely from their office, then the Supervisory
                                         Board shall immediately hold a new election to cover the remaining term of office.

		§
                                         11	Convening
                                         and passing resolutions

		(1)	As
                                         far as possible, the Supervisory Board shall be convened in each calendar quarter. It
                                         must be convened twice every calendar half-year.

		(2)	The
                                         meetings of the Supervisory Board shall be convened by the chairperson verbally, by telephone,
                                         in writing, by fax or by email, stating the agenda.

		(3)	The
                                         Supervisory Board is quorate if at least three members participate in the adoption of
                                         the resolution. A member also participates in the adoption of a resolution if he or she
                                         abstains from voting.

		(4)	Resolutions
                                         require a majority of the votes cast by the members of the Supervisory Board not taking
                                         into account any abstentions. In the case of a tie, the votes of the chairperson of the
                                         Supervisory Board or, if he does not participate in the passing of the resolution, the
                                         vote of the spokesman of the Supervisory Board shall be the casting vote.

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		(5)	Resolutions
                                         of the Supervisory Board are in principle passed at meetings with personal attendance
                                         of the members of the Supervisory Board. Absent members of the Supervisory Board may
                                         submit their written vote through another member of the Supervisory Board. Unless the
                                         chairperson of the Supervisory Board states otherwise in the invitation due to special
                                         circumstances of the individual case, it is permissible for Supervisory Board members
                                         to participate and cast their vote in a face-to-face meeting by telephone. The Supervisory
                                         Board may also vote without convening a meeting by doing so in writing, by telephone,
                                         fax, video conference or email, or in a combined resolution. The chairperson shall decide
                                         on the form in which resolutions are to be passed. The Rules of Procedure for the Supervisory
                                         Board may stipulate that resolutions are to be postponed in individual cases to be specified
                                         in more detail.

		(6)	Minutes
                                         shall be taken of the meetings of the Supervisory Board and signed by the chairperson
                                         of the meeting. If resolutions are passed outside meetings, the minutes must be signed
                                         by the chairperson of the Supervisory Board and forwarded to all members without delay.

		(7)	The
                                         chairperson is authorized to on behalf of the Supervisory Board make the declarations
                                         required to implement the resolutions and to receive the declarations addressed to the
                                         Supervisory Board.

		(8)	The
                                         Supervisory Board is empowered to resolve upon changes and amendments to the Articles
                                         of Association as long as such changes only affect the wording.

		§
                                         12	Rules
                                         of Procedure

The
Supervisory Board may issue Rules of Procedure for itself within the framework of the statutory provisions and the provisions
of these Articles of Association.

		§
                                         13	Committees

The
Supervisory Board may form committees and may refer items for resolution to these committees within the scope of what is permitted
by law.

		VI.	General
                                         Meeting

		§
                                         14	Venue
                                         and convocation

		(1)	The
                                         General Meeting shall take place within the first six months of the expiry of the fiscal
                                         year at the registered office of the Company or in a German city with at least 500,000
                                         inhabitants.

		(2)	The
                                         General Meeting shall be convened by the Management Board or by the Supervisory Board.

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		(3)	Extraordinary
                                         General Meetings shall be convened when the best interests of the Company so require.

		(4)	The
                                         General Meeting may also be summed via mail (also via simple letter) or via e-mail. The
                                         postal and electronic addresses registered in the share register are authoritative.

		§
                                         15	Chairing
                                         the General Meeting, Right to Participate, Participation of Supervisory Board Members

		(1)	The
                                         General Meeting shall be chaired by the chairperson of the Supervisory Board or, in his/her
                                         absence, by his/her deputy or, in his/her absence, by another person determined by the
                                         Supervisory Board. If no such determination has been made, the chairperson of the meeting
                                         shall be elected by the General Meeting.

		(2)	Shareholders
                                         registered in the share register are entitled to participate and exercise their voting
                                         rights in the General Meeting if they are registered with the Company in good time. The
                                         registration to attend the General Meeting must be in German or English and must be received
                                         by the Company at least six days prior to the meeting, unless a shorter period, expressed
                                         in days, is provided for in the invitation to the General Meeting, at the address and
                                         in the form (written form, text form or another (electronic) form further specified by
                                         the Company) as stipulated in such invitation. The day of the General Meeting and the
                                         day of receipt shall not be counted.

		(3)	The
                                         chairperson of the meeting shall determine the order of items on the agenda as well as
                                         the type and form of voting. The chairperson is authorized to limit the question and
                                         speaking rights of the shareholders, as appropriate and to the extent permitted by law.
                                         In particular, he/she is authorized, at the beginning or during the course of the General
                                         Meeting, to set a reasonable time limit for the entire General Meeting, for discussion
                                         of particular items on the agenda or for any particular speech or question. Furthermore,
                                         the chairperson of the General Meeting may prematurely close the list of requests to
                                         speak and close the debate, as far as this is necessary for the proper execution of the
                                         General Meeting.

		(4)	The
                                         chairperson of the General Meeting may permit the video and audio transmission of the
                                         General Meeting in whole or in part, including a transmission via the Internet.

		§
                                         16	Procedure,
                                         Minutes

		(1)	Each
                                         share carries one vote.

		(2)	Voting
                                         rights may be exercised by representatives. The power of attorney must be granted in
                                         text form by other means. The details shall be determined by the Company. They will be
                                         announced with the invitation to the General Meeting.

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		(3)	The
                                         Management Board is authorized to provide for shareholders to vote without attendance
                                         in the General Meeting in written form or by way of electronic communication (postal
                                         vote) as well as participate in the General Meeting and exercise all or some of their
                                         rights in whole or in part by means of electronic communication without physical participation
                                         and without being represented by a proxy (online participation). The Management Board
                                         determines the details of the postal vote as well as the scope and procedure of online
                                         participation in the invitation to the General Meeting.

		(4)	Members
                                         of the Supervisory Board can attend the meeting by way of video and audio broadcast if
                                         they are resident abroad, if permitted by amendments to the law after the entry into
                                         force of this paragraph (4) in the version resolved by the General Meeting on 26 June
                                         2020 either in general or subject to a corresponding permission by the Articles of Association,
                                         or if the requirements defined by law for such type of attendance are met.

		(5)	The
                                         Management Board can decide that the General Meeting shall be held without the physical
                                         presence of the shareholders or their proxies (virtual general meeting) if so allowed
                                         by law and if the statutory requirements are met for holding a General Meeting in the
                                         form of a virtual General Meeting.

		(6)	Minutes
                                         shall be kept of the proceedings and shall be signed by the chairperson of the Supervisory
                                         Board unless a notarial record is required by law.

		§
                                         17	Resolution

		(1)	Unless
                                         a larger majority is required by law or these Articles of Association, resolutions of
                                         the General Meeting shall be adopted by a simple majority of the votes cast. To the extent
                                         that statutory provisions also require a majority of the share capital present at the
                                         time the resolution is adopted, a simple majority of the share capital present shall
                                         suffice, unless a larger majority is required by law. In the event of an undecided vote,
                                         an agenda item shall be deemed rejected.

		(2)	However,
                                         unless a larger majority is required by law, resolutions to amend the Articles of Association
                                         require a majority of at least two-thirds of the votes cast and of the share capital
                                         represented, if at least half of the share capital is not represented.

		(3)	Should
                                         no majority be obtained in the first ballot in elections, the candidates with the two
                                         highest numbers of votes reached shall be put on a shortlist. If the election results
                                         in a tie between these two candidates, the decision shall be made by lot.

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		VII.	Annual
                                         Financial Statements, Appropriation of Profits

		§
                                         18	Annual
                                         Financial Statements, Management Report

		(1)	The
                                         Management Board shall prepare the Annual Financial Statements and any Management Report
                                         as well as the Consolidated Financial Statements and any Group Management Report for
                                         the past financial year within the statutory period.

		(2)	The
                                         Management Board shall submit the Annual Financial Statements and any Management Report
                                         as well as the Consolidated Financial Statements and any Group Management Report to the
                                         Supervisory Board immediately after they have been prepared, together with its proposal
                                         to the General Meeting for the appropriation of net profit.

		(3)	The
                                         Supervisory Board shall examine the Annual Financial Statements, any Management Report
                                         of the Management Board, the Consolidated Financial Statements and any Group Management
                                         Report and the proposal for the appropriation of net profits, and shall report the results
                                         of its examination in writing to the General Meeting. It must forward its report to the
                                         Management Board within one month of receipt of the documents. Should the Supervisory
                                         Board approve the Annual Financial Statements after examination, they shall be adopted
                                         unless the Management Board and Supervisory Board decide to leave the adoption of the
                                         Annual Financial Statements to the General Meeting.

		§
                                         19	Retained
                                         Earnings

		(1)	Should
                                         the Management Board and the Supervisory Board adopt the Annual Financial Statements,
                                         they may transfer amounts of up to half of the net profit for the year to retained earnings.
                                         In addition, they are authorized to transfer amounts to retained earnings of up to a
                                         further quarter of the net profit for the year, as long as the retained earnings do not
                                         exceed half of the share capital or insofar as they would not exceed half of the share
                                         capital after the transfer.

		(2)	When
                                         calculating the portion of the net profit to be transferred to retained earnings in accordance
                                         with paragraph (1), allocations to the statutory reserve and accumulated losses carried
                                         forward shall be taken into account in advance.

		(3)	The
                                         General Meeting shall resolve on the appropriation of profits retained resulting from
                                         the adopted Annual Financial Statements. It may allocate further portions of the profits
                                         retained to retained earnings, carry these profits forward to a new account – also
                                         by way of distribution in kind - or distribute them among the shareholders.

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		VIII.	Legal
                                         Disputes

		§
                                         20	Jurisdiction
                                         of the US Federal Courts

In
the case of litigation on the grounds of or in connection with federal or state capital market laws of the United States of America,
only the United States District Court for the Southern District of New York or, in the case of it being replaced by any other
first-instance Federal Court of the United States of America having judiciary over the borough of Manhattan, such court, shall
be the competent court of jurisdiction, in each case insofar as this may be determined by these Articles of Association. This
shall not affect any exclusive international jurisdiction under German or European law of the court located at the Company’s
registered office.

		IX.	Expenses

		§
                                         21	Formation
                                         expenses

		(1)	The
                                         formation costs of the Company shall be borne by FORATIS AG.

		(2)	The
                                         Company shall bear the expenses of the formation of BioNTech SE by conversion of BioNTech
                                         AG into a European company (SE) in the amount of up to EUR 100,000.

    	12BioNTech
SE

 

2020
EMPLOYEE EQUITY plan

 

Effective
15 DECEMBER 2020

 

 

    	 	 	 

     

    

TABLE OF CONTENTS

	ARTICLE 1 ADMINISTRATION	1
	ARTICLE 2 ELIGIBILITY	1
	ARTICLE 3 PLAN VOLUME AND GRANT OF RSUs	1
	ARTICLE 4 TREATMENT UPON TERMINATION	2
	ARTICLE 5 SETTLEMENT	2
	ARTICLE 6 Transferability, BENEFICIARIES, AND SHAREHOLDER RIGHTS	3
	ARTICLE 7 CHANGE IN CONTROL	3
	ARTICLE 8 ADJUSTMENT IN CASE OF SPECIFIC CAPITAL AND OTHER STRUCTURAL MEASURES	4
	ARTICLE 9 INSIDER TRADING AND BLACK-OUT PERIODS	4
	ARTICLE 10 FORFEITURE AND CLAWBACK	4
	ARTICLE 11 TAXES AND WITHHOLDING	5
	ARTICLE 12 FORM REQUIREMENTS	5
	ARTICLE 13 GOVERNING LAW	6
	ARTICLE 14 EFFECTIVE DATE, AMENDMENT, AND TERMINATION	6
	ARTICLE 15 GENERAL PROVISIONS	6

 

    	 

    	 

    

BACKGROUND

An attractive and competitive remuneration
program is essential for the recruitment and long-term commitment of highly qualified employees.

Therefore, BioNTech SE (“BioNTech”
or the “Company”) is implementing this 2020 Employee Equity Plan for Employees (the “Plan”)
as a long-term remuneration component for employees of BioNTech and its direct and indirect subsidiaries (collectively, the “Group”)
other than those who are resident in North America. Under the Plan, the Company is authorized to grant “Restricted Stock
Units” (“RSUs” or “Units” and each a “RSU”
or “Unit”) to eligible individuals, which—if certain requirements are met—provide the individual
with a cash payment, the amount of which depends on the quoted price on the Nasdaq Global Select Market or successor trading
market thereto (“Nasdaq”) of American Depository Shares (“ADSs”), each representing
one ordinary share of the Company with no par value and a nominal amount attributable to each share of €1.00 (the “Shares”).
The Plan shall also include a substitution right of the Company, permitting it to settle RSUs by delivering ADSs or Shares instead
of cash under certain circumstances.

ARTICLE 1

ADMINISTRATION

		1.1.	The Plan shall be administered by the “Administrator”,
which shall be the Company’s Management Board (Vorstand), provided that, to the extent permitted by applicable law
and the Company’s governing documents, the Company’s Management Board (Vorstand) may delegate any or all of
its powers under the Plan to one or more committees or officers of the Company. 

		1.2.	The Administrator shall have full discretionary authority to grant
awards under the Plan, construe and interpret the Plan and any Award Agreements (as defined below) and to determine all facts necessary
to administer the Plan and any Award Agreements. All decisions by the Administrator shall be made in its discretion, exercised
in good faith, and shall be final and binding on all persons having or claiming any interest in the Plan or in any Award.

ARTICLE 2

ELIGIBILITY

RSUs may be granted
to employees of the Group other than those who are resident in the United States or Canada. Individuals who receive RSUs are referred
to as “Participants”.

ARTICLE
3

PLAN VOLUME AND GRANT OF RSUs

		3.1.	Under the Plan, an unlimited number of RSUs may be granted, of which
up to an aggregate of 2,000,000 RSUs may provide for settlement in ADSs or Shares. Those ADSs or Shares underlying RSUs that may
be settled in ADSs or Shares will once again be available for future grants under the Plan upon the forfeiture or termination of
such RSUs prior to settlement, settlement in cash of such RSUs, if such ADSs or Shares are withheld to cover tax withholding or
if such ADSs or Shares are retransferred to the Company following settlement.

		3.2.	The Administrator will determine the number of RSUs to be granted
to a Participant by way of a separate award agreement (an “Award Agreement”). Subject to the Plan, each
Award Agreement shall include provisions, terms and conditions applicable to the award which may include, but are not limited to,
the vesting schedule, settlement date, restrictions, payment contingencies and satisfaction of any performance criteria, as the
Administrator may deem appropriate, provided that such provisions shall comply with any applicable legal requirements. All of the
terms and conditions of an award shall be as set forth in the applicable Award Agreement or in the Plan.

    	 	 	 

     

    

ARTICLE 4

TREATMENT UPON TERMINATION

Except as otherwise
specified in an Award Agreement, upon termination of a Participant’s employment relationship with the Group due to death,
disability, retirement, or termination without cause and not during a probation period, such Participant shall retain those RSUs
subject to each outstanding Award Agreement as of the date of termination that have already vested pursuant to the terms of the
applicable Award Agreement. Except as otherwise specified in an Award Agreement and this Article 4, upon termination of a Participant’s
employment, any outstanding and unvested RSUs shall be automatically forfeit.

ARTICLE
5

SETTLEMENT

		5.1.	Upon satisfaction of any vesting or other applicable conditions to
be specified in an applicable Award Agreement (such date being the “Settlement Date”), RSUs shall be
settled in cash, ADSs, or Shares, in accordance with Sections 5.2, 5.3, and/or 5.4, as applicable, at the Company’s election
in writing to the Participant or other beneficiary pursuant to Section 6.2. An Award Agreement may—but need not—specify
that settlement shall only occur in cash, in ADSs, or in Shares. Except as otherwise provided in the applicable Award Agreement,
RSUs may be settled in ADSs, Shares, cash or a combination thereof, as will be determined by the Administrator in its sole discretion.
Except as otherwise provided in the applicable Award Agreement, the Administrator shall cause cash amounts to be paid, or ADSs
or Shares to be transferred, as applicable, within 10 working days following the Settlement Date.

		5.2.	RSUs may be settled by issuance of Shares at an issue price of €1
per Share or transfer of Shares of the Company held in treasury. In the case of a settlement under this Section 5.2 by issuance
of Shares at an issue price of €1 per Share, the number of Shares to be issued shall be the number of vested RSUs plus an
additional number of Shares to compensate for the cost of paying the issue price on the vested RSUs (such additional number of
Shares to be calculated by reference to the closing sale price of an ADS on Nasdaq on the Settlement Date, rounded down to the
nearest whole number).

		5.3.	RSUs may be settled by issuance of ADSs at an issue price of €1
per underlying Share or transfer of ADSs representing treasury shares held by the Company. In the case of a settlement under this
Section 5.3 by issuance of ADSs at an issue price of €1 per underlying Share, the number of ADSs to be issued shall be the
number of vested RSUs plus an additional number of ADSs to compensate for the cost of paying the issue price on the vested RSUs
(such number of additional ADSs to be calculated by reference to the closing price of an ADS on Nasdaq on the Settlement Date,
rounded down to the nearest whole number).

		5.4.	RSUs may be settled by payment in the form of cash (a “Cash
Settlement”). In the case of a Cash Settlement, the amount payable shall be the value of the ADSs that would be transferred
pursuant to Section 5.3 in absence of this Section 5.4, calculated on the basis of the closing price of the ADSs on Nasdaq on the
Settlement Date.

		5.5.	Any RSU settled in ADSs or Shares shall include such provisions as
are required by the applicable shareholder resolution authorizing the issuance or transfer of the ADS or the Shares. In the event
of a settlement in ADSs or Shares (in both cases, the “Share Settlement”), the Participant will be required
to take all measures necessary to effect the Share Settlement, including, for example, the payment of the issue price and the execution
of a subscription form (in the case of the issuance of Shares) as well as the opening of an account to which the ADSs or Shares
may be booked. In the case of a Share Settlement, the Company may make such settlement by issuing new Shares (including those in
the form of new ADSs in the case of a settlement under Section 5.3) or by transferring Shares held by the Company.

    	 	 	 

     

    
		5.6.	All payments to be made under the Plan or any Award Agreement shall
be made in Euro. For the purpose of calculating any sums due under or in connection with an Award Agreement, amount expressed in
Dollars shall be converted into Euro equivalents using the Company’s standard conversion methodology consistent with IFRS.

ARTICLE
6

Transferability, BENEFICIARIES, AND SHAREHOLDER RIGHTS

		6.1.	Neither the RSUs nor the rights of any Participant under any RSU
or under the Plan are assignable or otherwise transferable except as provided in this Section 6.

		6.2.	The RSUs are transferable only by will or applicable laws of descent
upon the death of the relevant Participant. Notwithstanding the terms of the applicable Award Agreement, the Company shall have
the right to effect a Cash Settlement of any RSUs held by a beneficiary. If permitted by the Company’s Management Board (Vorstand)
by separate declaration, the Administrator may, from time to time, prescribe a form on which a Participant may designate, or change,
such Participant’s beneficiary/ies under the Plan. 

		6.3.	No Participant shall become a shareholder or ADS holder or obtain
any rights of a shareholder or ADS holder, including any voting rights, by virtue of participation in the Plan or by the receipt,
holding or vesting of RSUs. A Participant shall become a holder of ADSs or Shares, as the case may be, with respect to RSUs only
following a Share Settlement in accordance with the Plan and subject to all conditions imposed hereunder and under the applicable
Award Agreement. No dividends or dividend equivalents shall be payable with respect to RSUs or otherwise under the Plan. 

ARTICLE
7

CHANGE IN CONTROL

If a third party gains control of the
Company or of the entity in the Group employing a Participant (a “Change in Control”), all outstanding
and unvested RSUs held by the affected Participants shall vest in full as of immediately prior to such Change in Control. In the
event of a Change in Control, the Company shall have the discretion to provide (a) for a Cash Settlement of RSUs, which may be
based on the formula in Section 5.4 or based on the value of the consideration payable in the Change in Control, (b) that RSUs
may be settled via the form of consideration payable in the Change of Control, or (c) for any combination of (a), (b) and/or settlement
in ADSs or Shares. The existence of a Change in Control shall be determined by analogous application of Section 29 f. of the German
Securities Acquisitions and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz) with the proviso that ADSs are equivalent
to voting rights from Shares.

    	 	 	 

     

    

ARTICLE
8

ADJUSTMENT IN CASE OF SPECIFIC CAPITAL AND OTHER STRUCTURAL MEASURES

		8.1.	In the event of a reduction in the number of Shares by merging Shares
without capital reduction (reverse share split) or an increase in the number of Shares without capital increase (share split) (each,
an “Adjustment Event”), the number of RSUs granted hereunder will change in the same proportion.

		8.2.	If an adjustment occurs in accordance with this Article 8, fractions
of ADSs or Shares will not be granted nor will they be compensated by a payment in cash.

ARTICLE
9

INSIDER TRADING AND BLACK-OUT PERIODS

		9.1.	Any transaction in the ADSs or Shares granted in case of a Share
Settlement (each a “Transaction”) must be conducted in compliance with (i) all applicable insider trading
laws and regulations, and (ii) all provisions of any insider trading rules established by the Company ((i) and (ii) together the
“Insider Trading Rules”). Each Participant is personally responsible for informing himself or herself
about, and acting in full compliance with, all applicable Insider Trading Rules. Any individual non-compliance with applicable
Insider Trading Rules may lead to the imposition of civil and criminal penalties (as the case may be).

		9.2.	The Company may postpone or delay the settlement of any RSUs by way
of a Cash Settlement or Share Settlement or a combination of both to a later point in time due to restrictions under applicable
laws and regulations or rejections from competent authorities. 

		9.3.	In order to minimize the potential for prohibited insider trading,
the Company’s Management Board (Vorstand) may establish in its sole discretion periods from time to time during which
all or some of the Participants may not engage in transactions involving ADSs or Shares granted in case of a Share Settlement.

ARTICLE 10

FORFEITURE AND CLAWBACK

		10.1.	Any outstanding and unsettled awards shall be subject to forfeiture
in the event of (i) the Participant’s termination of employment for cause, (ii) the Participant’s material violation
of material company policies, (iii) the Participant’s breach of any noncompetition, confidentiality or other restrictive
covenants with the Group that may apply to such Participant, or (iv) other material misconduct by the Participant that is, or could
reasonably be expected to be, detrimental to the business or reputation of the Company or any other entity in the Group.

		10.2.	All awards under this Plan
(including any proceeds, gains or other economic benefit the Participant actually or constructively
receives upon receipt or settlement of RSUs or the receipt or resale of any ADSs or Shares) will be subject to any Group claw-back
policy, including any claw-back policy adopted to comply with applicable laws (including the United States Dodd-Frank Wall Street
Reform and Consumer Protection Act and any rules or regulations promulgated thereunder) as set forth in such claw-back policy or
the Award Agreement.

 

    	 	 	 

     

    

ARTICLE
11

TAXES AND WITHHOLDING

		11.1.	Each Participant is obligated to make appropriate arrangements with
the Company (or the entity in the Group employing the Participant) for the satisfaction of all income, employment and other tax
and social security contribution withholding requirements applicable to the award, vesting or settlement of RSUs. The Company may
refuse to settle RSUs and refuse to deliver Shares, ADSs, cash or other compensation upon settlement if such withholding amounts
are not delivered at the time of settlement. Regardless of the amounts withheld, the Participant shall remain responsible for taxes
owed by the Participant in connection with RSUs. 

		11.2.	The Participant is subject to a strict obligation of confidentiality
with regard to the Participant’s participation in the Plan and the terms thereof, unless the Participant is legally obliged
to make such disclosure. Notwithstanding the preceding sentence, the Participant may provide such information to his bona fide
advisors who are subject to confidentiality obligations imposed by law or contract.

ARTICLE
12

FORM REQUIREMENTS

		12.1.	Any legal statements and other notices in connection with the Plan
or an Award Agreement (collectively, the “Notices”) shall be made in text form or electronic form (e.g.,
email) unless any other specific form is required by applicable law or the Plan or applicable Award Agreement. Any Notice to be
delivered to the Company under the Plan shall be addressed by email to LTI@biontech.de. The Company shall communicate changes in
the address set forth in the previous sentence as soon as possible to the Participants. In the absence of such communication, the
address stated above shall remain in place.

		12.2.	Any Notice to be given to a Participant may be served by being sent
to him/her by email or to his/her home or business address. Each Participant shall communicate changes of address as soon as possible
to the Company.

ARTICLE
13

GOVERNING LAW

The Plan, any RSUs
granted hereunder and each Award Agreement shall be exclusively governed by, and be construed in accordance with, the laws of the
Federal Republic of Germany, without regard to principles of conflicts of laws. The courts in Mainz shall have jurisdiction to
resolve any disputes arising out of or in connection with the Plan, to the extent permitted by law.

ARTICLE 14

EFFECTIVE DATE, AMENDMENT, AND TERMINATION

		14.1.	The Plan shall become effective on 15 December 2020. It shall continue
in effect until December 31, 2023 unless sooner terminated, provided that upon termination of the Plan, any outstanding awards
shall continue in effect, subject to the terms of the Plan, including Section 14.2.

		14.2.	Subject to the requirements of applicable law, the Company may at
any time amend, suspend or terminate the Plan, and the Company or the Administrator may amend, suspend or terminate any outstanding
award of RSUs hereunder; provided that any such amendment, suspension or termination shall require the consent of a Participant
whose RSUs are impacted unless the Company or the Administrator determines that such RSUs are not materially and adversely impacted
or that such amendment, suspension or termination is required by applicable law, including the Corporate Governance Code (Corporate
Governance Kodex). 

    	 	 	 

     

    

ARTICLE
15

GENERAL PROVISIONS

		15.1.	In the Plan, the headings are inserted for convenience only and shall
not affect the interpretation of the Plan; where a German term has been inserted in italics, it alone (and not the English
term to which it relates) shall be authoritative for the purpose of the interpretation of the relevant English term in the Plan.
The terms “including” and “in particular” shall always mean “including, without limitation”
and “in particular, without limitation”, respectively. Any reference made in the Plan to any section without further
indication of a law, an agreement or another document shall mean sections of the Plan. A “subsidiary” of a company
shall mean an entity in which such company holds a direct or indirect controlling interest. 

		15.2.	In the event that one or more provisions of the Plan shall, or shall
be deemed to, be invalid or unenforceable, the validity and enforceability of the other provisions of the Plan shall not be affected
thereby. 

		15.3.	Neither the grant of an award under this Plan nor any term or provision
of this Plan shall constitute or be evidence of any promise, undertaking, or obligation, express or implied, on the part of any
entity in the Group, to make any future or other grant of an award under this Plan.

		15.4.	The Plan
shall not confer upon any Participant any right to employment
or service with any entity in the Group, nor shall it interfere in any way with any right of any entity in the Group to terminate
a Participant’s employment or service.

		15.5.	The Plan
shall be unfunded with respect to outstanding RSUs. A Participant’s, and any beneficiary’s,
rights under the Plan are those of an unsecured creditor unless and until ADSs or Shares
are issued to such Participant or beneficiary.

		15.6.	Unless otherwise specified by the applicable plan or policy, the
value of RSUs shall not be included in a Participant’s compensation for purposes of other benefits provided by the Group.

* * * *

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