Press Release: SIKA OPENS 100TH NATIONAL SUBSIDIARY IN BANGLADESH

Sika AG / SIKA OPENS 100TH NATIONAL SUBSIDIARY IN BANGLADESH. Processed

and transmitted by Nasdaq Corporate Solutions. The issuer is solely

responsible for the content of this announcement.

With the establishment of a new national subsidiary in Bangladesh, Sika

has reached a further milestone in the implementation of its growth

strategy and is now represented in 100 different countries. 23 national

subsidiaries have been established over the past five years alone,

making it possible to tap into growth potential in new markets.

Bangladesh has over 163 million inhabitants and is one of the most

populous countries in the world with a flourishing construction

industry.

The establishment of the 100th national subsidiary represents an

important milestone in the successful implementation of Sika's growth

strategy. The new local head office in Dhaka, Bangladesh's capital city,

enables Sika to benefit from the potential available in the local

construction market, which has a total volume equivalent to CHF 15

billion and an annual growth rate of 12%. Local and foreign investments

are channeled primarily into the construction of transport and energy

infrastructures. The new national subsidiary allows Sika to directly

market products that have already become established in the area through

distribution partners, as well as to optimise cost structures and

further grow market share.

Sika CEO Paul Schuler: "Over the past few years, our more than 17,000

employees have been able to grow our company to an impressive level and

have continuously expanded our global presence. We have established 23

national subsidiaries since 2012 and now generate 36% of our sales in

emerging markets. We enter emerging economies early on and are well

established in mature markets. This enables us to harness potential at

all stages in the development of the local construction sectors and to

sell our entire product portfolio whether the requirement is for

materials needed in new build construction, products that help to meet

higher building standards, or solutions for refurbishment projects."

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 100 countries around the

world and manufactures in over 200 factories. Its more than 17,000

employees generated annual sales of CHF 5.75 billion in 2016.

The media release and infographics can be dowloaded from the following

links:

Media Release (pdf): http://hugin.info/100359/R/2156607/828821.pdf

Graphic 1: Sika's 100 national subsidiaries

http://hugin.info/100359/R/2156607/828822.jpg

Graphic 2: Sika's global footprint

http://hugin.info/100359/R/2156607/828823.jpg

This announcement is distributed by Nasdaq Corporate Solutions on behalf

of Nasdaq 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

--- End of Message ---

Sika AG

Zugerstrasse 50 Baar Switzerland

WKN: 858573;ISIN: CH0000587979;

http://www.sika.com

(END) Dow Jones Newswires

December 19, 2017 01:00 ET (06:00 GMT)