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Authorized share capital

As of December 31, 2017, existing authorized share capital is as follows:

Articles of Association Date of resolution/expiration Euro/number of shares Capital increase against Subscription rights excluded/execution of capital increase
Article 5.3.3 ICW Article 5.3.4 June 4, 2012/valid until April 27, 2022 EUR 74,227.41 = 7,422,741 shares Contribution in cash and/or in kind  
Article 5.3.4 ICW Article 5.3.6 June 4, 2012/valid until April 27, 2022 EUR 45,361.11 = 4,536,111 shares   Capital increase can be executed under the exclusion of subscription rights
Article 5.3.3 ICW Article 5.3.5 June 4, 2012/valid until April 11, 2021 EUR 45,361.11 = 4,536,111 shares   Capital increase can be executed under the exclusion of subscription rights
Article 5.4 ICW Article 5.4.2 July 15, 2014/valid until July 14, 2019 EUR 90,722.22 = 9,072,222 shares To serve 2014 convertible bond Capital increase is carried out when creditors of the convertible bond exercise their conversion rights

In the meeting on March 14, 2017, the Board of Directors also approved the agenda for the 2017 Extraordinary General Meeting, which included the proposal to increase the authorized share capital excluding subscription rights from 10% to 20% of share capital. In the Extraordinary General Meeting on April 27, 2017, the renewal and use of the Authorised Share Capital I of the Company and the renewal of the share buy-back programme of the Company had been decided.

Share premium
As of December 31, 2017, the share premium increased by kEUR 400 to kEUR 269,044 (previous year: kEUR 268,644), as a result of the partial conversion of convertible bonds in the past financial year.