21 June 2015

Forst Ebnath AG: Cash compensation for Squeeze-out set at EUR 1,807.00 per share

Today, Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München, reconfirming and specifying the request made on 26 March 2015, pursuant to Section 327a of the German Stock Companies Act, notified the Board of Management of Forst Ebnath Aktiengesellschaft that the cash compensation for the transfer of the remaining shareholders’ shares of Forst Ebnath Aktiengesellschaft to Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München as majority shareholder pursuant to Sections 327a et seq. of the German Stock Companies Act (Squeeze out) is set at EUR 1,807.00 for each individual bearer no-par share of Forst Ebnath Aktiengesellschaft with a partial amount of the nominal capital of EUR 11.00.

A resolution on the Squeeze out is to be taken during the extraordinary General Meeting of the Forst Ebnath Aktiengesellschaft on 4 August 2015, which has yet to be convened.

Ebnath, 3 June 2015

Forst Ebnath AG, Hermannsreuth 9, 95683 Ebnath

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