GK SOFTWARE AG – Decision to Increase Share Capital from Authorized Capital

Schöneck, 13 December 2013, The Management Board of GK SOFTWARE AG, with the approval of the Supervisory Board, today resolved to make partial use of its authorized capital pursuant to Section 4b of the articles of association and to increase the company’s registered share capital from currently EUR 1,790,000.00 by EUR 100,000.00 to EUR 1,890,000.00 by issuing 100,000 new no par value ordinary bearer shares against contributions in cash while excluding the subscription rights of the shareholders for the new shares.

The new shares will account for 5.29% of the new registered share capital following the implementation of the capital increase. The new shares will entitle their holders to participate in the profits of the company as of 1 January 2014. The issue price of the new shares is EUR 37.82 per new share. The exclusive right to subscribe for the new shares has been granted to SAP AG with official seat in Walldorf, Germany.

The proceeds from the capital increase will primarily be used for the company’s ongoing internationalization process and the geographic expansion of the business of the company.
The new shares shall be admitted to trading on the Regulated Market/Prime Standard section at the Frankfurt Stock Exchange without requiring the publication of a prospectus.

GK Software AG
Waldstraße 7
08261 Schöneck
Deutschland

(End of Ad-hoc-Announcement)