S&T AG

S&T AG resolves cash-based capital increase

Public disclosure of inside information according to article 17 MAR

Linz (pta038/14.11.2017/17:35) - - Not for release, publication or distribution in or into the United States, Canada, Australia or Japan or any other jurisdiction in which offers or sales would be prohibited by applicable laws. -

Linz, Austria 14.11.2017. The Executive Board of S&T AG (www.snt.at) resolved today to increase the company's share capital. This increase will amount to up to 10% of this share capital, will be for cash, and will exclude rights of subscription. The combined exploitation of the two capitals available to the company through stipulations in its articles of association will cause the company's share capital to increase by up to EUR 5,761,743. This increase will be accomplished through the issuance of up to 5,761,743 new non-par value bearer shares with voting rights and dividends entitlement as of January 1, 2017. These shares will be acquired by the paying of cash. This transaction requires the consent of the Supervisory Board of S&T AG.

The new shares are to be offered to one or more institutional investors via an accelerated bookbuilding process. This private placement will dispense with a prospectus. Its shares will be purchased in cash. The new shares are to be authorized for listing and trading on the Prime Standard segment of the Frankfurt Stock Exchange.

The funds thus acquired are to be used to finance the conclusion of the takeover of the former Kontron AG (assumption of minority interests in a subsidiary of S&T AG into which Kontron AG was merged in 2017), and, as well, the further growth of the S&T Group. The price at which the new shares are offered will orientate itself closely on the average quote for the company's shares prevailing on the XETRA electronic trading platform.

DISCLAIMER

This publication may not be published, distributed or transmitted, directly or indirectly, in the United States, Canada, Australia or Japan or any other jurisdiction where such an announcement would be unlawful. The distribution of this announcement may be restricted by law in certain jurisdictions and persons into whose possession this document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.