Directors′ Dealings

According § 15a of the German law for securities trade (WpHG), individuals having managerial responsibilities at an issuer as well as persons closely associated with them (e.g. spouses, registered partners, dependent children, legal entities) are required to report transactions in shares of the issuer or in related financial instruments as soon as they exceed a limit of 5,000 € per calendar year.

These transactions have to be disclosed on the company's website for at least one month.