Capital Market

Take-Over Bid of SHW Beteiligungs GmbH to the shareholders of SHW AG 2018

Voluntary public purchase offer in the form of a partial purchase offer („Partial Purchase Offer“) of SHW Beteiligungs GmbH to the shareholders of SHW AG

A. Important information

You have accessed the website that contains documents and information on the voluntary public Partial Purchase Offer of SHW Beteiligungs GmbH to the shareholders of SHW AG.

Shareholders of SHW AG are requested to confirm that they have read the following legal notices in order to be redirected to the offer website.

B. Important legal information

On the following webpages you can find the voluntary public Partial Purchase Offer of SHW Beteiligungs GmbH, based in Wels / Austria ("Bidder"), to all shareholders of SHW AG based in Aalen / Germany ("SHW shareholders") for the acquisition of up to 1,655,540 shares of SHW AG ("SHW"). All information contained on this website and retrievable documents on this website are for informational purposes only and compliance with the provisions of the WpÜG.

The Partial Purchase Offer is submitted and carried out exclusively according to the law of the Federal Republic of Germany. The execution as a takeover bid according to the provisions of other legal systems does not take place and is not intended. No other registrations, approvals or approvals of the offer document and / or the Partial Purchase Offer have been requested or intended from securities regulators of other jurisdictions. The Bidder and the persons acting in concert with it within the meaning of section 2 (5) WpÜG therefore assume no responsibility for compliance with laws other than those of the Federal Republic of Germany and SHW shareholders cannot rely on the application of other foreign provisions for the protection of investors.

Apart from the offer document, there are no other documents that are part of the Partial Purchase Offer. The Bidder will publish the offer document in accordance with section 14 (3) WpÜG after the authorization from the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht) on the internet at http://www.piererindustrie.at in German language as well as via the counter. The notice announcing the availability of copies of the offer document for free issue and the internet address at which this offer document is published will be published in the Federal Gazzette.

The publication, dispatch, distribution or dissemination of the offer document or any other documents relating to the Partial Purchase Offer may fall within the scope of jurisdictions other than those of the Federal Republic of Germany where the publication, dispatch, distribution or dissemination of the offer document is subject to legal restrictions. The offer document and any other documents relating to the Partial Purchase Offer may not be sent to, published, distributed or distributed by third parties if and insofar as such dispatch, publication, dissemination or distribution would violate applicable law or comply with regulatory procedures approval or fulfilment of other conditions and these are not available.

The Bidder has not permitted the publication, dispatch, distribution or dissemination of the offer document or any other documents relating to the Partial Purchase Offer by third parties outside the Federal Republic of Germany. The Bidder and the persons acting in concert with it within the meaning of Section 2 (5) WpÜG assume no responsibility that the dispatch, distribution or dissemination of the offer document or any other documents connected with the Partial Purchase Offer is in accordance with applicable legal provisions of other legal systems than those of the Federal Republic of Germany. Any liability of the Bidder and persons acting in concert with it within the meaning of Section 2 (5) WpÜG for non-compliance with foreign regulations by third parties is expressly excluded.

The contents of the following internet pages do not constitute an invitation to submit an offer to sell SHW shares. Except for the offer document, announcements on the following webpages do not constitute an offer to buy SHW shares and are not intended to give or promise to sell the conclusion of any other legal obligation by the Bidder. An offer to purchase the SHW shares will be made exclusively in accordance with the terms of the offer document. Shareholders of SHW AG are advised to read the offer document and all other documents in connection with the Partial Purchase Offer, as they contain important information and, if necessary, seek independent advice in order to obtain an expert assessment of the content of the offer document and the Partial Purchase Offer.

I hereby confirm that I have read the above legal notice:

I CONFIRM