Notification of Major Holdings

1. Details of issuer

Diebold Nixdorf, Incorporated 5995 Mayfair Road 44720 North Canton, OH United States

2. Reason for notification

X	Acquisition/disposal of shares with voting rights
?	Acquisition/disposal of instruments
?	Change of breakdown of voting rights
?	Other reason:

3. Details of person subject to the notification obligation

Name:	City and country of registered office:
The Goldman Sachs Group, Inc.	Wilmington, Delaware United States of America (USA)

4. Names of shareholder(s)
holding directly 3% or more voting rights, if different from 3.

?

5. Date on which threshold was crossed or reached:

11 Apr 2018

6. Total positions

?	% of voting rights attached to shares (total of 7.a.)	% of voting rights through instruments (total of 7.b.1 + 7.b.2)	total of both in % (7.a. + 7.b.)	total number of voting rights of issuer
Resulting situation	0.30 %	4.71 %	5.004 %	91073735
Previous notification	N/A %	N/A %	N/A %	/

7. Notified details of the resulting situation
a. Voting rights attached to shares (Sec.s 33, 34 WpHG)

ISIN	absolute		in %
?	direct (Sec. 33 WpHG)	indirect (Sec. 34 WpHG)	direct (Sec. 33 WpHG)	indirect (Sec. 34 WpHG)
US2536511031		269539	%	0.30 %
Total	269539		0.30 %

b.1. Instruments according to Sec. 38 para. 1 No. 1 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Voting rights absolute	Voting rights in %
Securities Lending	Open		3612311	3.97 %
?	?	Total	3612311	3.97 %

b.2. Instruments according to Sec. 38 para. 1 No. 2 WpHG

Type of instrument	Expiration or maturity date	Exercise or conversion period	Cash or physical settlement	Voting rights absolute	Voting rights in %
CFD	12.04.2028		Cash	661554	0.73 %
Swap	11.09.2019		Cash	14017	0.02 %
?	?	?	Total	675571	0.74 %

8. Information in relation to the person subject to the notification obligation

?	Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (1.).
X	Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity:

Name	% of voting rights (if at least held 3% or more)	% of voting rights through instruments (if at least held 5% or more)	Total of both (if at least held 5% or more)
	(if at least held 3% or more) %	(if at least held 5% or more) %	(if at least held 5% or more) %
The Goldman Sachs Group, Inc.	%	%	%
GSAM Holdings LLC	%	%	%
Goldman Sachs Asset Management, L.P.	%	%	%
?
The Goldman Sachs Group, Inc.	%	%	%
Goldman Sachs & Co. LLC	%	%	%

Organizational chart: http://n.eqs.com/c/fncls.ssp?u=GCQUEKXUXO

9. In case of proxy voting according to Sec. 34 para. 3 WpHG

Date of general meeting:
Holding position after general meeting:	% (equals voting rights)

10. Other explanatory remarks:

?