SHW Beteiligungs GmbH: Majority shareholder of SHW AG announces voluntary purchase offer to the shareholders of SHW AG

Wels (pta007/19.02.2018/08:50 UTC+1) THIS ANNOUNCEMENT IS NOT INTENDED FOR PUBLICATION OR DISTRIBUTION IN THE USA, CANADA, JAPAN OR AUSTRALIA

Majority shareholder of SHW AG announces voluntary purchase offer to the shareholders of SHW AG

* Majority shareholder announces purchase offer to the shareholders of SHW for the acquisition of up to 1,655,540 SHW-shares (corresponding to approx. 25.72%)
* Offer price: EUR 35,- per share
* The transaction aims at the strategic increase of the existing investment from 49.38% up to 75.1%

Wels, 19 February 2018 - SHW Beteiligungs GmbH, a subsidiary of Dipl.-Ing. Stefan Pierer, the majority shareholder of SHW AG, today decided to propose to the shareholders of SHW AG (ISIN DE000A1JBPV9) the purchase of up to 1,655,540 shares of SHW AG (equalling to approx. 25.72% of the share capital) in the form of a voluntary public partial purchase offer at a price of EUR 35.00 per SHW-share. SHW Beteiligungs GmbH currently holds approx. 49.38% of the share capital and voting rights in SHW AG. The transaction serves the further strategic expansion of the existing investment up to 75.1%. The offer document is expected to be published on March 29, 2018, after the Federal Financial Supervisory Authority (BaFin) has authorized the publication.

About the Pierer Group:
The Pierer Group is a leading European vehicle group with a focus on the global motorcycle segment and the automotive high-tech component sector. The Group currently employs more than 7,000 people worldwide with a group turnover of around EUR 2.0 billion.

Additional Information (Disclaimer)

This announcement is for information purposes only and does not constitute an offer to buy or an invitation to sell securities. The offer to purchase SHW shares will be subject exclusively to the terms and conditions specified by SHW Beteiligungs GmbH in the offer document as authorized by the Federal Financial Supervisory Authority (BaFin).

This press announcement does not release the respective SHW shareholder from his/her obligation to examine the information contained in the offer document and in the amendment to the offer and - taking into account all available sources of information, all individual circumstances of the shareholder (in particular with regard to the individual tax situation), the applicable statutory provisions for the shareholder and the personal assessment of the future development of the share price of the SHW share - to make his/her own decision about whether or not to accept the purchase offer.

SHW Beteiligungs GmbH points out that it is not in a position and is not obliged to verify whether the SHW shareholders comply with all obligations of the individually applicable statutory provisions upon acceptance of the purchase offer. Shareholders of SHW AG wishing to accept the purchase offer should examine whether the acceptance of the purchase offer is compatible with legal obligations arising out of their personal circumstances (e.g., sales restrictions). Furthermore, SHW Beteiligungs GmbH recommends that all shareholders subject to the laws of a foreign jurisdiction may obtain information about and comply with the applicable laws. SHW Beteiligungs GmbH assumes no liability for the decision of a shareholder and recommends that each shareholder of SHW AG obtains the necessary individual tax and legal advice, if necessary.

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