2017 FINANCIAL YEAR CONFIRMED

DGAP-Ad-hoc: SinnerSchrader AG / Key word(s): Half Year Results

SinnerSchrader AG: BUSINESS CONTINUED POSITIVE TREND IN THE SECOND QUARTER / REVENUE 14 PER CENT OVER PREVIOUS YEAR; EBITA NEARLY DOUBLED / FORECAST FOR THE ENTIRE 2016/2017 FINANCIAL YEAR CONFIRMED

12-Apr-2017 / 21:10 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

SinnerSchrader continued its positive business development in the second quarter of 2016/2017. From 1 December 2016 to 28 February 2017, SinnerSchrader achieved revenue of 13.7 million euros. The comparable figure for the previous year was thus exceeded by 13.8 per cent. Despite negative seasonal factors, revenue in the second financial quarter also surpassed the figure for the first quarter by 2.7 per cent. This is proof of an increase in the dynamics of the business development, as planned and expected.

The operating result (EBITA) of the quarter under review amounted to just under 1.0 million euros. In the second quarter of the previous year, SinnerSchrader had achieved an EBITA of a good

0.5 million euros. The EBITA of the quarter of the report includes costs of approx. 0.25 million euros for consulting services in connection with the business combination between SinnerSchrader and Accenture announced on 20 February 2017.

For the first half of the 2016/2017 financial year (1 September 2016 to 28 February 2017), revenue added up to 26.9 million euros. This was an increase in revenue over the first half of the 2015/2016 financial year of 2.1 million euros, or 8.5 per cent. Revenue for the preceding second half of the 2015/2016 financial year was exceeded by 2.1 per cent.

The EBITA of the half year under review reached almost 2.3 million euros. Compared to the same period of the previous year, EBITA was up by 0.9 million euros, or 66 per cent. The net income of the SinnerSchrader Group for the reporting period has improved by a similar rate of 65 per cent, amounting to just under 1.6 million euros or 0.14 euro per share.

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