Deutsche Balaton Aktiengesellschaft's Ownership in Biofrontera Inc.

Deutsche Balaton Aktiengesellschaft, a significant shareholder of Biofrontera Inc., has reported its ownership details in a Form 3 filing. The filing indicates that Deutsche Balaton, through its affiliate Biofrontera AG, owns 400,000 shares of Biofrontera Inc.'s common stock indirectly. Additionally, Deutsche Balaton holds 58,884 shares directly. The filing also discloses ownership of Series D Convertible Preferred Stock, which is convertible into 4,831,172 shares of common stock at a conversion price of $0.6249 per share. Deutsche Balaton and its affiliates collectively hold approximately 62.2% of the outstanding voting stock of Biofrontera AG, thereby potentially influencing Biofrontera Inc.'s governance. The filing was signed by Martin Flick, attorney in fact for Deutsche Balaton Aktiengesellschaft, on September 26, 2025.