Melexis Shareholder Information

Treasury Shares

Since 2002, the extraordinary shareholders meeting grants the Board of Directors of Melexis NV to acquire treasury shares.

On November 2002, an extraordinary shareholder’s meeting approved a first share buy back program. The buy back program was reconfirmed by an extraordinary shareholder’s meeting on April 20, 2004 to a maximum share price of 13 Euro.

During the extraordinary shareholder’s meeting on April 20, 2004 it was decided to cancel 1 034 805 treasury shares, bringing the total outstanding shares to 44 656 195 shares.

During the extraordinary shareholder’s meeting on July 14, 2005 it was decided to cancel 1 323 335 treasury shares, bringing the total outstanding shares to 43 241 860 shares.

During the extraordinary shareholder’s meeting on April 20, 2007 it was decided to buy back a maximum of 4 324 186 treasury shares to a maximum share price of 17.00 Euro per share.

During the extraordinary shareholder’s meeting on April 21, 2008 it was decided to buy back a maximum of 4 324 186 treasury shares to a maximum share price of 17.00 Euro per share.

The latest authorisation was granted by the Extraordinary Shareholders meeting held on April 20th 2009. The Board can acquire up to 20% of its outstanding shares at a maximum price of 17 euro. This authorisation applies for a period of 5 years from the date of approval.

During the extraordinary shareholder’s meeting on April 20, 2012 it was decided to cancel 2 841 860 treasury shares, bringing the total outstanding shares to 40 400 000 shares.

In accordance with art. 622 of the Company Law, the voting rights on treasury shares are suspended.

* Situation as per April 20th, 2012  

The Board of Directors of Melexis Tessenderlo NV has decided on August 20, 2010 to start with the purchase of shares of Melexis NV on Euronext Brussels (press release of August 24, 2010.