Publication of an Offer Prospectus relating to the merger of Looser Holding AG with AFG Arbonia-Forster-Holding AG

Looser Holding AG, headquartered in Arbon (Switzerland), hereby announces that, as of 29 September 2016, AFG Arbonia-Forster-Holding AG (AFG) has published the Offer Prospectus relating to the public purchase and exchange offer for all registered shares of Looser Holding AG held by the general public.

The Offer Prospectus includes the Report of the Board of Directors of Looser Holding AG and the Fairness Opinion by Ernst & Young. Following a thorough review of the Offer and taking into account the results of the Fairness Opinion drawn up by Ernst & Young by order of the Board of Directors, the Board of Directors of Looser Holding AG has unanimously decided to recommend that the Offer be accepted. The Fairness Opinion and the Report of the Board of Directors are also available at the website of Looser Holding AG at http://www.looserholding.com/1/investor-relations/zusammenschluss-looserafg/.

The Offer Period for the general public shareholders of Looser Holding AG is expected to start on 14 October 2016 and to end on 10 November 2016. Looser Holding AG will send out invitations to an extraordinary General meeting expected to be held on 2 November 2016 to decide on the modification of the articles of incorporation (cancellation of the restriction on share transfers), the appointment of new members of the Board of Directors and the approval of the sale of the Coatings segment. The press release relating to the publication of the Offer Prospectus as well as additional information are published at the internet site of AFG at www.afg.ch/en/servicenavigation/publikationen.