Authorisations

Authorisation to repurchase own shares

The AGM 23 March 2017 authorised the Board of Directors to decide on the repurchase of and/or accepting as pledge a maximum of 5,000,000 free shares and 1,250,000 restricted shares. The authorisation will be valid until 30 April 2018.

Authorisation to issue shares

The AGM 23 March 2017 authorised the Board of Directors to decide on share issues (1) by assigning a total of no more than 14,000,000 free shares that are in the Company’s possession and a total of no more than 1,460,000 restricted shares that are in the Company’s possession and (2) by issuing a maximum of 20,000,000 new free shares. The share issue authorisations will be valid until 23 March 2022 at the latest.