Press Release: CHALLENGE OF CERTAIN DECISIONS OF ANNUAL GENERAL MEETING 2016 BY SCHENKER-WINKLER HOLDING

Sika AG / CHALLENGE OF CERTAIN DECISIONS OF ANNUAL GENERAL MEETING 2016 BY SCHENKER-WINKLER HOLDING . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

Sika has today been informed that Schenker-Winkler Holding AG (SWH) challenges certain decisions of the Annual General Meeting of Sika of April 12, 2016. With its action SWH challenges essentially the re-election to the board of directors of Monika Ribar as well as Paul Hälg, Daniel Sauter, Ulrich Suter and Christoph Tobler as well as the non-election of Jacques Bischoff as a board member.

Already pending before the Cantonal Court of Zug are two challenges by SWH of certain decisions of the Annual General Meeting of April 14, 2015, as well as of the Extraordinary General Meeting of July 24, 2015. In these proceedings, the principal issue is whether the transfer restriction as set forth in Sika's articles of incorporation applies to the intended sale by the Burkard family of their stake in Sika (mostly registered shares) to Saint-Gobain.

Sika remains convinced that the absorption of the company by a large conglomerate, which also is a global competitor in mortars, lacks any industrial logic because of the fundamental conflicts of interest and the unrealistic synergy expectations. Therefore this transaction is not in the interest of Sika and continues to be opposed by the overwhelming majority of all stakeholders.

CONTACT

Dominik Slappnig

Corporate Communications & Investor Relations

+41 58 436 68 21

slappnig.dominik@ch.sika.com

SIKA CORPORATE PROFILE

Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing and protection in the building sector and automotive industry. Sika has subsidiaries in 95 countries around the world and manufactures in over 170 factories. Its more than 17,000 employees generated annual sales of CHF 5.49 billion in 2015.

The media release can be downloaded from the following link:

Media Release: http://hugin.info/100359/R/2022559/751439.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Sika AG via Globenewswire

HUG#2022559

--- End of Message ---

Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com (END) Dow Jones Newswires

   June 22, 2016 12:15 ET (16:15 GMT)- - 12 15 PM EDT 06-22-16