SIKA AG LAUNCHES CHF 1,500 MILLION CONVERTIBLE BONDS DUE 2025

Sika AG / SIKA AG LAUNCHES CHF 1,500 MILLION CONVERTIBLE BONDS DUE 2025 . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the content of this announcement.

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Sika AG (the "Issuer" or "Sika") is launching an offering (the "Offering") of CHF 1,500 million senior convertible bonds (the "Bonds") due 2025. Sika intends to use the net proceeds from the Offering mainly to refinance the recently announced acquisition of its own shares from Compagnie de Saint-Gobain and for general corporate purposes.

The Bonds may be converted into new or existing shares of the Issuer (the "Shares"), starting from the earlier of (i) the 10^th trading day (inclusive) following the registration with the commercial register of the resolutions passed by the Issuer's extraordinary general meeting (the "EGM" as communicated on May 11, 2018 by the Issuer), and (ii) the 3^rd trading day following the end of the Fair Market Call Period (as defined below).

Should the EGM not resolve to approve the proposed creation of a single class of registered shares (Einheitsnamenaktien) or should such EGM resolutions not be registered with the commercial register of the Canton of Zug, or if the EGM does not take place on or prior to July 31, 2018 (the "Long Stop Date"), the Issuer may redeem at any time no later than 60 business days after the earlier of (x) the conclusion of the EGM and (y) the Long Stop Date (the "Fair Market Call Period") by giving notice to the Bondholders, all but not only some of the Bonds in cash at the greater of (i) 102% of the Issue Price (as defined below) and (ii) 102% of the fair bond value of the Bonds (the "Fair Market Call") as determined in accordance with the terms and conditions of the Bonds.

The Bonds are expected to carry a coupon between 0.00% and 0.30% per annum, and have a conversion price set at a premium of between 40.0% and 45.0% over the volume weighted average price (the "VWAP") of the Shares on the SIX Swiss Exchange between launch and pricing. The Bonds will be offered at a price of between 100% and 101% of their principal amount (the "Issue Price") and will redeem at a price of 100% of the principal amount.