Pankl Racing Systems AG

Invitation to the Annual General Meeting - Seite 3

AGM motions Every shareholder is entitled to present motions in the AGM to each agenda item. A shareholder motion regarding the election of a member of the Supervisory Board requires in any case the timely delivery of a proposal in accordance with chapter 110 of the Public Companies Act (§110 AktG): Only shareholders, whose combined stake exceeds 1% of the share capital, may propose candidates for the election into the Supervisory Board (agenda item 8). Such proposals shall be received by the Company by 15 April 2014 in the manner described above. Each proposal shall be accompanied by the candidates' declaration in accordance with chapter 87 paragraph 2 of the Public Companies Act (§87Abs2 AktG) containing information on professional qualifications and occupations and all circumstances which may constitute a conflict of interest.

Information on the homepage Further information on these shareholder rights according to chapters 109, 110, 118 and 119 of the Public Companies Act (§§ 109, 110, 118, 119 AktG) are available on the internet under the link http://www.pankl.com/Hauptversammlung.497.1.html.

DATE OF VERIFICATION AND ATTENDANCE IN THE AGM Shareholders are required to evidence their shareholding as of 15 April 2014 (end of business day, Date of Verification) to be able to attend the AGM, exercise the voting rights and other shareholders'rights. Only persons who hold shares in the Company on this date and who can proof that to the Company are entitled to take part in the AGM. A depositary confirmation in accordance with chapter 10a of the Public Companies Act (§10a AktG) is sufficient to proof the shareholding provided the Company has received such by 22 April 2014 in the following manner:

By post or Pankl Racing Systems AG courier Investor Relations for the attention of Ms. Brigitte Putz Industriestraße West 4 8605 Kapfenberg, By telefax [phone] - 181 By email: [e-mail], with the depositary confirmation to be attached as a text file (e.g. PDF file) By SWIFT CENBATWW (Message Type MT599); Please quote the reference: ISIN AT0000800800

Depositary Confirmation in accordance with Chapter 10a of the Public Companies Act (§10a AktG) The depositary confirmation shall be issued by a custodian bank domiciled in the EU, or in a full OECD member state and shall contain the following: * Information regarding the issuer: Name and address or customary transfer code used for identification purposes between banks * Information regarding the shareholder: Name and address, date of birth for natural persons, commercial register identification for legal entities * Information regarding the shares: Number of shares of the shareholder, ISIN AT0000800800 * Deposit account number or any other appropriate description * Date of the depositary confirmation. The depositary confirmation shall refer to the Date of Verification, which is the 15 April 2014. The depositary confirmation shall be in the German or English language.