Within the framework of the current tender offer of Aquamit B.V. for all outstanding registered shares of Quadrant AG, the Swiss Takeover Board (TOB) has determined, in its decision 410/02 dated 16 June 2009, that the public tender offer of Aquamit meets the legal requirements. The qualified shareholder Sarasin Investmentfonds Ltd challenged the decision 410/02. On 8 July 2009, the FINMA Takeover Committee dismissed the appeal of Sarasin Investmentfonds and confirmed the TOB decision 410/02 dated 16 June 2009.
