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S&T AG: Extension of the share purchase offer for shareholders of Kontron S&T AG until October 31, 2018

Monday, 27th August 2018

Austria

Linz, 27.08.2018. The Executive Board of S&T AG (www.snt.at) resolved to extend by two months - and thus until October 31, 2018 - its offer to purchase on a voluntary basis the shares held by the free-float shareholders of Kontron S&T AG, which is not publicly listed. No limits have been placed on the offer, which foresees the acquisition of all shares outstanding in Kontron S&T AG at a price of EUR 4.25 per share.

The extension maintains the conditions formulated for the acceptance of the offer by the shareholders of Kontron S&T AG, who have an account of securities deposit at a bank located in Germany. This acceptance is to come without the accepting party's having to defray charges and fees levied by the bank maintaining this account. To bear the ensuing costs, the company will pay the banks maintaining the accounts a compensation amounting to up to EUR 5.00 per account operated.

Shareholders of Kontron S&T AG receive with this purchase offer another opportunity to sell to S&T AG their shares - which are no longer being traded - at a price of €4.25 per share. The way for the shareholders of Kontron S&T AG to accept the offer is to declare in writing their acceptance during the term set. This declaration is to be rendered to the bank that maintains the respective account of securities deposit. The documents detailing the purchase offer were published on June 22, 2018 in Germany's Federal Gazette (Bundesanzeiger) and can be viewed and downloaded on the S&T website at