Schweizer Electronic AG and Meiko Electronics Co., Ltd. conclude contract concerning mutual
shareholding
Following the strategic alliance with regards to customer support and production that Schweizer Electronic AG and Meiko Electronics Co., Ltd., Japan announced in April 2009, both companies today emphasize the stability and the sustainability of this cooperation’s strategic relevance by concluding a contract concerning mutual shareholding. On September 21, 2010 Schweizer Electronic AG signed a share purchase agreement with Meiko Electronics Co., Ltd., Japan. By this share purchase agreement Schweizer Electronic AG sells to Meiko Electronics Co., Ltd. 180,000 own shares of Schweizer Electronic AG which had been purchased in accordance with the resolution passed by the shareholders’ meeting on June 27, 2008. At the same time Schweizer Electronic AG concluded an agreement with Meiko Electronics Co., Ltd. according to which Schweizer Electronic AG purchases 313,600 shares of Meiko Electronics Co., Ltd. The volume of this transaction amounts to about 4.7 Mio. Euro. As the volumes are equating, no outflow or inflow of liquidity are resulting from this transaction.