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Sika: Shareholder Resolution for Extraordinary General Meeting Challenged

By: Catherine Diamon

Sika AG has been served with a conciliation request from Dr. Walter Grüebler that challenges the resolution to hold an extraordinary general meeting on July 24, 2015. The resolution was passed upon the request and with the votes of Schenker-Winkler Holding AG (SWH) at the ordinary general meeting of April 14, 2015.

Sika will respond to this challenge action in the context of the proceedings. The Board of Sika remains convinced that SWH’s attempted sale of Sika to Saint-Gobain is legally not viable in this form and lacks any industrial logic.

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