EANS-General Meeting

Österreichische Post AG / Resolutions of the General Meeting - Seite 2

acquisition not made via an exchange requires the prior approval of
the Supervisory Board. In a case of an acquisition not made on the
exchange, this acquisition can be undertaken in a way excluding the
proportionate right of sale (converse exclusion of right of
procurement).

c) The Management Board is authorised for a term of five years, with
this starting upon the passing of the resolution, with this according
to Section 65 Para 1b AktG, with this requiring approval by the
Supervisory Board, and with this not demanding the Annual General
Meeting's passing of a resolution, to pass a resolution stipulating
that treasury shares are to be sold or used in a way other than their
sale via an exchange or via the making of a public offer, with this
to appropriately heed the rules established for the exclusion of
subscription rights held by shareholders, with this especially
applying to shares to be offered to employees, senior managers and
members of the Management Board of the company or of one affiliated
with it in conjunction with an employee participation program or with
a stock option program and/or issued to a private foundation
constituted for purposes of employee participation. The Management
Board is also authorised to establish the conditions of sale. The
authorisation can be exercised in two or more partial amounts and for
the purposes of realising one or more than one objective of the
company. This realisation may also be undertaken by a subsidiary
(Section 228 Para 3 Austrian Commercial Code) or by a third party
acting on a paid commission basis on behalf of the company.

d) The Management Board is also authorised, should the Supervisory
Board so consent and should such be required, to reduce the share
capital. This is to be undertaken through the withdrawal of treasury
shares and does not require the Annual General Meeting's passing a
resolution, in accordance with Section 65 Para 1 (8) last sentence
and with Section 122 AktG. The Supervisory Board is authorised to
adopt amendments to the Articles of Association arising from the
withdrawal of shares.

e) These points relating to the authorisation granted to the
Management Board also entail a corresponding revocation of the
authorisation granted to the Management Board to acquire the
Company's own shares in accordance with the resolution on item 10 of
the agenda passed by the Annual General Meeting on April 15, 2015.

Vienna, April 2017

The Management Board

Österreichische Post Aktiengesellschaft (Austrian Post)
Vienna, FN 180219 d
ISIN AT0000APOST4

Further inquiry note:
Austrian Post
Harald Hagenauer
Head of Investor Relations,
Group Internal Audit & Compliance
Phone: [phone]
[e-mail]

end of announcement euro adhoc
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issuer: Österreichische Post AG
Haidingergasse 1
A-1030 Wien
phone: [phone]
mail: [e-mail]
WWW: www.post.at
sector: Transport
ISIN: AT0000APOST4
indexes: ATX Prime, ATX
stockmarkets: official market: Wien
language: English