As part of the preparation of financial statements, it has been found that at the time of acquiring treasury shares pursuant to the Annual General Meeting’s authorisation on May 27, 2010, pursuant to § 71 paragraph 2 AktG the envisaged hypothetical reserve could not be formed. This concerns a total of 293,837 shares, which were acquired in the years 2010 to 2012 by the company under a share buyback program.

The Executive Board has to sell the treasury shares concerned within one year after acquisition in accordance with § 71 c paragraph 1 AktG. The treasury shares required to be sold acquired more than one year ago, currently totalling 193 837, are to be withdrawn according to § 71 paragraph 3 i. V. m. § 237 AktG, whereby a priority sale comes into consideration before the decision of the Annual General Meeting about the withdrawal.

The Management Board is currently assessing the possibilities for the sale of treasury shares held by the company. If the shares are not sold, a withdrawal of the shares will be proposed at this year’s regular Annual General Meeting.


The Executive Board