Share buyback

In accordance with section 71 (1) no. 8 AktG (German Stock Corporation Act), the Company is authorized to acquire treasury stock representing a pro-rata amount of up to total of 10% of the company's share capital that exists at the time this resolution is adopted. 

Together with other shares in the company previously acquired and still held in treasury by the company or attributable to the company pursuant to Sections 71d and 71e AktG, the shares acquired under this authorization must at no time exceed 10% of the company's share capital. The provisions set out in Section 71 (2) sentences 2 and 3 AktG must be complied with.

At the discretion of the Executive Board, the acquisition of the shares may be effected either via the stock exchange or via a multilateral trading facility within the meaning of section 2 (6) BörsG (German Stock Exchange Act) or by means of a public tender offer addressed to all shareholders while observing the principle of equal treatment of all shareholders (section 53a AktG). The shares may subsequently be used for all purposes permitted by law, in particular with regard to company mergers and transferred to third parties for the purpose of acquiring companies, used to service bonds with convertible or warrants rights, used for implementing a scrip dividend scheme or cancelled. Further details of the share buyback authorization adopted most recently by the 2025 Annual General Meeting by resolution until April 29, 2030 are available in the invitation to the Annual General Meeting.