Holders of the Ekosem-Agrar Bond 2012/18 also vote in favour of the extension

• Second bondholders’ meeting of Ekosem-Agrar also approves all agenda items with a great majority
• Financial flexibility given to complete the investment programme and achieve full utilisation of the dairy cow facilities
• Management thanks all bondholders for their support

Walldorf, 17 March 2016 – At today’s meeting, the bondholders of the Ekosem-Agrar Bond (ESA Bond) 2012/18 (ISIN: DE000A1R0RZ5) approved the management’s proposal to extend the bond by four years until 7 December 2022 with a large majority. The other voting items, which essentially provide for the simplification of the voting procedure, were also approved by a large majority.

Following the positive vote at yesterday’s meeting of the bondholders of the ESA Bond 2012/17, the company now has the approval for the extension of both corporate bonds by four years each. The interest rates remain unchanged at 8.75% p.a. (ESA Bond 2012/17) and 8.50% (ESA Bond 2012/18).

Bondholders representing bonds in the amount of EUR 19,916,000 participated in the vote on the ESA Bond 2012/2018. This is equivalent to 25.53 percent of the bonds outstanding in the total nominal amount of EUR 78,000,000.00. The most important agenda item 1 (extension of the Bond) was approved by over 97 percent.

Says Stefan Dürr, main shareholder and Managing Director of Ekosem-Agrar GmbH: “We would like to thank our bondholders for the high level of consent to the extensions of our corporate bonds. We will use the resulting financial flexibility to strengthen our leading position in the Russian milk market.”

The resolutions adopted by the two bondholder’ meetings dated 16 March 2016 and 17 March 2016 are expected to be published in the Federal Gazette on Monday, 21 March 2016 and will shortly be available on the company’s website at https://www.ekosem-agrar.de/en/investor-relations/