Mikron Board of Directors Supports the Proposal of Veraison SICAV to the Annual General Meeting

The board of directors of Mikron Holding supports the proposal of Veraison SICAV, Zurich, to transfer delisting competence from the board of directors to the Annual General Meeting.

The board of directors believes this to be appropriate because delisting will primarily affect shareholders.

As announced on 3 March 2016, Veraison SICAV submitted a request to Mikron Holding for inclusion of an item on the agenda at the Annual General Meeting on 12 April 2016.

In the request, it proposed that delisting competence be transferred from the board of directors to the Annual General Meeting. The board of directors of Mikron Holding added this proposal to the agenda.

The invitation and agenda for the upcoming Annual General Meeting will be sent to shareholders of Mikron Holding in the next few days.

The board of directors believes in the future of Mikron as a listed company.

Since delisting will primarily affect shareholders, it considers it appropriate to transfer the delisting competence to the Annual General Meeting and, by subjecting it to a higher decision-making quorum, introduce an element of minority protection.

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