Mülheim an der Ruhr, November 13, 2020. Following the rejection of the legal dispute by the Court of Appeals and a new hearing, the Düsseldorf Higher Regional Court today dismissed the appeal of former Supervisory Board Chairman Manfred A. Wagner against the judgment of the Duisburg Regional Court of January 13, 2016. The Regional Court of Duisburg had ordered Mr. Manfred A. Wagner to pay damages in the amount of EUR 1,513,000.00 plus interest. According to a rough calculation by the Management Board, the interest receivable now amounts to approximately EUR 1.4 million. The claim for damages is based on the payment of purchase price claims of the Company from the sale of a share in ScanOptic Gesellschaft für Scanner und optische Speichertechnologie mbH to Manfred A. Wagner and the repayment by EASY SOFTWARE AG of a loan granted by Manfred A. Wagner and RS Consulting GmbH to EASY SOFTWARE (UK) Plc. In this respect, reference is made to the ad-hoc release dated January 15, 2016. The Düsseldorf Higher Regional Court did not allow an appeal against today’s ruling. Manfred A. Wagner may file an appeal against the non-admission of the appeal with the German Federal Supreme Court within one month after notification of the judgment, which has been drafted in full.

EASY SOFTWARE AG

The Management Board

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EASY SOFTWARE develops software solutions and actively drive the digital transformation for efficient, secure and mobile work with digital business processes. EASY integrates these into existing IT infrastructures and generates sustainable added value. This makes digitization a quick and easy experience for their customers.
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