Employees who hold shares also profit from any annual dividends or share price increases and therefore benefit directly from the company’s success. In Austria, funding for the plan comes mainly from interests in the collective agreement, which were used to expand the plan. All Austrian employees will be assigned shares based on these interests. In the international model, each year employees are invited to purchase individual shares. The voestalpine employee shareholding scheme is managed by the voestalpine Mitarbeiterbeteiligung Privatstiftung.
This ad-hoc notice constitutes neither an offer for sale nor an invitation to submit an offer to purchase voestalpine AG securities. As the new shares are not being offered for public subscription but rather are being offered for subscription exclusively to the voestalpine Mitarbeiterbeteiligung Privatstiftung holding the shares in trust for the employees participating in the voestalpine shareholding scheme, and as the increase in share capital amounts to less than 10% of all issued and listed voestalpine shares, no prospectus is required to be issued pursuant to the Austrian Capital Market Act [Kapitalmarktgesetz] or the Austrian Stock Exchange Act [Börsegesetz].