MAX Automation AG: Conversion to registered shares and inclusion in CASCADE-RS

The bearer shares of MAX Automation AG (ISIN DE0006580905) will be converted on

28 November 2016

into registered shares of MAX Automation AG (ISIN DE000A2DA588) and included in CASCADE-RS.

Creation of holdings in registered shares

The creation of registered share positions as of the relevant conversion date will be carried out by Clearstream Banking¹ in standard processing on 25 November 2016 for value date 28 November 2016 on the custody account balances and positions of open stock exchange transactions.

The positions in the registered shares from MAX Automation AG are created in unregistered positions (FMB). The order placement in CASCADE-RS is possible starting on 28 November 2016.

Securities market transactions and holding transfers in the registered shares of MAX Automation AG are first processed on 28 November 2016 in the 1st SDS mass cycle.

Pending instructions

Security transfers against payment that have been entered in CASCADE and are pending for settlement will also be converted.

Note:
To ensure smooth processing of the settlement, manual conversion by customers must absolutely be avoided, especially of matched orders against payments. Clearstream Banking will convert the transfer of securities against payment into the ISIN of the registered shares automatically in standard processing on 25 November 2016. Modifications and cancellations of orders in the ISIN of the bearer shares are possible at any time until the automatic conversion. We recommend only entering orders in the ISIN of the registered shares from 28 November 2016.

The securities transfers free of payment that are stored in CASCADE will be cancelled automatically and must be re-entered by the participants into registered shares, if required.

Registration of the shareholders in the share register

The registration of the shareholders in the share register of the issuer is implemented via the depository banks by re-registration in CASCADE-RS using the re-registration type "2" ("other not from purchase"). Information about the notification of the shareholders in the share register can be taken from the "Guidelines for banks on entering shareholder data in CASCADE-RS" (CBF announcement RS137 of 9 November 2007).

Share register

The share register is managed by ADEUS Aktienregister-Service-GmbH.

Note about submission planning

Due to the processing capacities in CASCADE-RS, submissions amounting to 10,000 re-registrations or more per transfer must be arranged in advance with Client Services. Within the scope of overall coordination, Clearstream Banking reserves the right to reject file transfers that have not been arranged in advance.

Reimbursement

For re-registrations that are transmitted in the period from 28 November 2016 to 2 December 2016, Clearstream Banking charges a discounted price of EUR 0.30 per position. After this time period, Clearstream Banking customers will be reimbursed accordingly.

------------------------------------------

1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.