Shareholders' meeting

HV 2010

The next Annual General Meeting is on Friday, 27 July 2012.

GM 2011

Item 1

Presentation of the approved annual financial statements as of 30 April 2011 with the report of the Management Board, the corporate governance report and the report of the Supervisory Board on the 2010/2011 financial year as well as presentation of the consolidated financial statements and the group management report on the 2010/2011 financial year.

Item 2

Resolution on the use of profit for the 2010/2011 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 23,945,360
Those correspond to this portion of the registered capital: 55.05 %
Total number of valid votes: 23,945,360

	Shareholders	Voting rights
For-votes	269	23,945,360
Against-votes	0	0
Abstention	0	0

Item 3.1

Resolution on the release of the members of the Management Board from liability for the
2010/11 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 23,945,360
Those correspond to this portion of the registered capital: 55.05 %
Total number of valid votes: 23,945,360

	Shareholders	Voting rights
For-votes	268	23,944,860
Against-votes	1	500
Abstention	0	0

Item 3.2

Resolution on the release of Mr. Fritz Zumtobel as member of the Supervisory Board from
liability for the 2010/11 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 19,665,520
Those correspond to this portion of the registered capital: 45.21 %
Total number of valid votes: 19,665,520

	Shareholders	Voting rights
For-votes	267	19,665,520
Against-votes	0	0
Abstention	2	4,279,840

Item 3.2

Resolution on the release of Walter Duenser from liability for the 2010/11 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 20,590,520
Those correspond to this portion of the registered capital: 47.33 %
Total number of valid votes: 20,590,520

	Shareholders	Voting rights
For-votes	267	20,590,520
Against-votes	0	0
Abstention	2	3,354,840

Item 3.2

Resolution on the release of Juerg Zumtobel from liability for the 2010/11 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 19,665,520
Those correspond to this portion of the registered capital: 45.21 %
Total number of valid votes: 19,665,520

	Shareholders	Voting rights
For-votes	267	19,665,520
Against-votes	0	0
Abstention	2	4,279,840

Item 3.2

Resolution on the release of the other members of the Supervisory Board from liability for the 2010/11 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 23,945,360
Those correspond to this portion of the registered capital: 55.05 %
Total number of valid votes: 23,945,360

	Shareholders	Voting rights
For-votes	269	23,945,360
Against-votes	0	0
Abstention	0	0

Item 4

Resolution on the determination of remuneration for the members of the Supervisory Board for the 2011/2012 financial year.

Presence: 269 shareholders with 23,945,360 votes.
Number of shares voting valid: 23,945,360
Those correspond to this portion of the registered capital: 55.05 %
Total number of valid votes: 23,945,360

	Shareholders	Voting rights
For-votes	269	23,945,360
Against-votes	0	0
Abstention	0	0

Item 5

Resolution authorising the Management Board to increase, subject to the consent of the Supervisory Board, the share capital of the Company by up to EUR 10,875,000.—through the issue of up to 4,350,000 new zero par value bearer shares – in one or more tranches – at a minimum issue price equalling 100% of the proportional amount of share capital, in exchange for cash or contributions in kind. The authorisation is valid for a period of three years beginning on the date the respective amendment to the articles of association is recorded in the company register. This resolution also covers the following: the authorisation of the Management Board to determine the issue price and conditions (authorised capital) as well as to exclude the subscription rights of shareholders to the new shares issued from this authorised capital; the authorisation of the Supervisory Board to approve any amendments to the articles of association that may result from the issue of shares from authorised capital; and the approval of an amendment to Art. IV. para. 4 of the articles of association.

Presence: 268 shareholders with 23,945,040 votes.
Number of shares voting valid: 23,945,040
Those correspond to this portion of the registered capital: 55.05 %
Total number of valid votes: 23,945,040

	Shareholders	Voting rights
For-votes	251	22,555,801
Against-votes	17	1,389,239
Abstention	0	0

Item 6

Election of an auditor for the annual financial statements and management report as well as the consolidated financial statements and group management report for the 2011/12 financial year.

Presence: 268 shareholders with 23,945,040 votes.
Number of shares voting valid: 23,945,040
Those correspond to this portion of the registered capital: 55.05 %
Total number of valid votes: 23,945,040