Duty to make an offer An offer to acquire all shares must be made in accordance with Art. 32 SESTA (Federal Act on Stock Exchange and Securities Trading) if the threshold of 33 1/3 of the voting rights is exceeded. No special opting-out or opting-up dispositions are contained in the Company's Articles of Association. Clauses on changes of control Clauses on changes of control are not part of any employment agreements or benefit plans.