DGAP-Ad hoc: EASY SOFTWARE AG

DGAP-Adhoc: EASY SOFTWARE AG: Legal proceedings for indemnities

EASY SOFTWARE AG / Key word(s): Legal Matter

14.04.2016 16:47

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

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Mülheim an der Ruhr, April 14, 2016

Based on the judgements of District Court Duisburg of January 13, 2016 (Ref. 25 O 41/12) and February 11, 2016 (Ref. 21 O 20/14) against former Supervisory Board chairman Manfred A. Wagner, EASY SOFTWARE AG has, as part of precautionary attachment, attached claims of Manfred A. Wagner against banks to secure its claims for damages amounting to a total of EUR 3,194,545.67 (basically consisting of the pronounced principal claims amounting to EUR 1,996,440.00 plus interest rates). A realisation of the attached claims will only be implemented upon provision of security by EASY SOFTWARE AG. The company will deposit the required security at short notice and realise the attached claims.

By judgement of January 13, 2016, District Court Duisburg sentenced Manfred A. Wagner to pay damages amounting to a total of EUR 1,513,000.00 plus interest rates and by judgement of February 11, 2016, sentenced him jointly and severally liable with EASY SOLUTIONS GmbH and, due to a partial amount, jointly and severally liable with former Management Board member Josef Gemeri, to pay damages amounting to EUR 483,440.33 plus interest rates. Both judgements are provisionally enforceable against provision of security. Manfred A. Wagner appealed against the judgement of January 13, 2016 and against the judgement of February 11, 2016. If the decisions of District Court Duisburg are reversed by the court of appeal, the enforcement measures would have to be canceled and possibly, damages suffered by the judgment being enforced as precautionary attachmentwould have to be compensated by EASY SOFTWARE AG.

EASY SOFTWARE AG The Management Board

14.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

--------------------------------------------------------------------------- Language: English Company: EASY SOFTWARE AG Am Hauptbahnhof 4 45468 Mülheim an der Ruhr Germany Phone: +49(0) 208 450 16-0 Fax: +49(0) 208 450 16-90 E-mail: investor@easy.de Internet: www.easy.de ISIN: DE0005634000 WKN: 563400 Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------