Authorization to acquire own Shares

In the Annual General Meeting 2017, the Board of Directors was authorised to resolve to repurchase a maximum of 2,100,000 shares. The authorisation replaces the authorisation resolved on by the Annual General Meeting on 8 April 2016 and the authorisation shall be valid until the next Annual General Meeting, however, no longer than until 30 June 2018.

Authorization to issue new Shares

In the Annual General Meeting 2017, the Board of Directors was authorised to decide upon the issuing of new shares and upon the conveying of the company’s own shares held by the company in one or more tranches. The share issue may be carried out as a share issue against payment or without consideration on terms to be determined by the Board of Directors. The authorisation includes the right to decide upon a share issue for no consideration to the company itself and to deviate from the shareholders’ pre-emptive subscription right. A maximum of 4,200,000 shares may be issued, of which a maximum of 2,100,000 can be treasury shares. The authorisation replaces the authorisation resolved on by the Annual General Meeting on 8 April 2016 and the authorisation shall be valid until the next Annual General Meeting, however, no longer than until 30 June 2018.