The Board of Management and Supervisory Board propose to the Shareholders’ Meeting that the accumulated profit of technotrans AG be distributed as follows:
|Distribution of a dividend of € 0.48 per no par value share on the dividend-bearing share capital||3,134,682.24|
|Profit carried forward||2,705,240.02|
The shares held by the company do not qualify for dividends pursuant to Section 71b of German Stock Corporation Act. Based on the dividend-bearing share capital of technotrans AG of € 6,530,588 at the balance sheet date, the amount for distribution is € 3,134,682.24. The number of dividend-bearing shares may increase or decrease up to the time of the Shareholders’ Meeting as a result of the acquisition or sale of treasury shares. In that instance, a correspondingly modified resolution on the amounts in question in the appropriation of profit shall be put to the Shareholders’ Meeting, based on an unchanged dividend of € 0.48 per dividend-bearing share.
Sassenberg, February 26, 2016
The Board of Management