Share Buy-Back

Trusting our own strength

Share buyback program
Muehlhan AG management has taken the decision to buy back up to 10% of the Muehlhan AG share capital (1,950,000 shares) in the capital market. With the decision of the Annual General Meeting on 19 May 2015, the Executive Board’s authorization to buy back shares has been renewed. The share buyback authorization is valid until 18 May 2020 and subject to financial restrictions in accordance with the respective legal requirements.

The Executive Board asks all interested parties to refer to the invitation to the Annual General Meeting 2015 for more information and the proposed resolution therein as well as to the request for consultation in the Annual General Meeting.

There were no shares bought back in 2015 and 2016. Further information can be found in the Annual report 2017.

Hamburg, 17 May 2018 – Notice on the buyback program of employee shares
Announcement in accordance with Article 5, paragraph 1 (a) of Regulation (EU) 596/2014 and Article 2 of Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016

With the Annual General Meeting’s authorization of 19 May 2015, Muehlhan AG will acquire up to 500,000 treasury shares acc. to Article 71, paragraph 1 no. 8 of the German AktG. In March 2020, the number of shares bought back was increased by 50,000.

The buyback of Muehlhan shares decided on the above basis will be carried out in accordance with the safe harbor regulations stipulated in Article 5 of regulation 596/2014 of the European Parliament and the Council dated 4 April 2014 and the Delegated Regulation (EU) 2016/1052 of the Commission of 8 March 2016.

The buyback program will begin on 22 May 2018 with a fixed term ending on18 May 2020. We reserve the option to terminate the buyback program prior to this date. The buyback will be entrusted to Pareto Securities AS, Frankfurt branch (prev.:(equinet Bank AG).

Further conditions, regulations and possible uses of the treasury shares purchased can be found in the proposed resolution of the Annual General Meeting of 19 May 2015.

Hamburg, April 21, 2020—Muehlhan AG ends share buyback program
Muehlhan AG (Open Market; ISIN DE000A0KD0F7) is ending its share buyback program. The company has bought back 528,191 treasury shares over the past two or so years. The repurchase of shares was carried out under the authorization issued by the Annual General Meeting on May 19, 2015, and was used to support the objectives indicated in the authorization:

• Share-based compensation of company employees
• Use of shares to pay for acquisitions

Share Buy-Back activities
Transactions in a detailed form and in an aggregated form