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In respect to the overall sales planning for 2017, this decision is not of material importance as less than 7% of budgeted annual sales was planned for Grafenfels. We are confident of being able to compensate these lost sales in another way. On 24 April 2017, the 3:1 capital reduction resolved in an General Meeting on 21 March 2017 was entered into the Commercial Register. The new share capital thus amounts to EUR 6,900,391.00 divided into the same number of shares. As previously announced, a 10% capital increase from authorised capital will be implemented shortly with pre-emption rights disapplied. We are in the process of preparing a stock exchange prospectus ชุดเครื่องนอนราคาถูก โรงเกลือ in order to implement a large capital increase in the second half of 2017 with subscription rights for shareholders. On 26 April 2017, there was a change in the Chairman of the Supervisory Board. This was due to the fact that due to his new professional activities, the previous Chairmen, Bernd Brunke, was no longer able to devote sufficient time for exercising this function. We are very pleased to announce that the Supervisory Board has appointed Sven Rittau as its Chairman with immediate effect. Sven Rittau has been a member of the Supervisory Board since July 2016.

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