Authorizations of the AGM

Authorization for acquisition of the Company's own shares

The Annual General Meeting held on 6 April 2011 authorized the Board of Directors to acquire the Company's own shares by using unrestricted equity. The maximum amount to be acquired is 600,000 shares. The authorization is valid until the end of the next Annual General Meeting.

Authorization for share issue and special rights, option rights and/or convertible bonds

The Annual General Meeting held on 31 March 2010 authorized the Board of Directors to issue a maximum of 2,400,000 new shares and convey a maximum of 600,000 own shares. By virtue of the authorization, the Board of Directors also has the right to grant option rights, convertible bonds and/or special rights referred to in Chapter 10, Section 1 of the Companies Act. The authorization is valid until 31 March 2013.