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2015-10-02

Sika AG: CHALLENGE OF CERTAIN DECISIONS OF EXTRAORDINARY SHAREHOLDERS MEETING BY SCHENKER-WINKLER HOLDING

Sika AG / Sika AG: CHALLENGE OF CERTAIN DECISIONS OF EXTRAORDINARY
SHAREHOLDERS MEETING BYSCHENKER-WINKLER HOLDING . Processed and transmitted
by NASDAQ OMX Corporate Solutions.The issuer is solely responsible for the
content of this announcement.
Sika has today been informed that Schenker-Winkler Holding AG (SWH) challenges
certain decisions of the extraordinary shareholders meeting of July 24, 2015.
With this challenge SWH seeks the removal from office of the independent
Board members Paul Hälg, Monika Ribar and Daniel Sauter and the election of
Max Roesle. Already pending before the cantonal court of Zug is a challenge
by SWH of certain decisions of the ordinary general assembly of April 14,
2015, in particular the re-election of the independent Board members Paul
Hälg, Monika Ribar, Daniel Sauter, Ulrich Suter and Christoph Tobler and the
non-election of Max Roesle.

In both proceedings, the principal issue is whether the transfer restriction
as set forth in Sika's articles of association applies to the intended sale
by the family Burkard of their stake in Sika (mostly registered shares) to
Saint-Gobain. Art. 4 of the articles of association forbids the sale of more
than 5% of Sika's registered shares without the approval by the Board.

Sika remains convinced that the absorption of Sika by a large conglomerate,
which in addition is a global competitor in mortars, lacks any industrial
logic because of the fundamental conflicts of interest and the unrealistic
synergy expectations. Therefore this transaction is not in the interest of
Sika and continues to be opposed by all stakeholders.

CONTACT

Dominik Slappnig
Corporate Communications& Investor Relations
+41 58 436 68 21
slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE

Sika is a specialty chemicals company with a leading position in the
development and production of systems and products for bonding, sealing,
damping, reinforcing and protecting in the building sector and the motor
vehicle industry. Sika has subsidiaries in 91 countries around the world and
manufactures in over 160 factories. Its approximately 17,000 employees
generated annual sales of CHF 5.6 billion in 2014.

The media release can be downloaded from the following link:

Media Release
http://hugin.info/100359/R/1956493/712627.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Sika AG via Globenewswire

HUG#1956493

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