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Takeover Offer

On January 28, 2015, Arrow Electronics, Inc. based in Centennial, Colorado (USA), announced through its subsidiary, Arrow Central Europe Holding Munich GmbH, its intention to submit a voluntary public takeover offer to acquire all DATA MODUL AG shares at an offer price of EUR 27.50 per share.

Concurrent to this announcement, Arrow, along with members of the Hecktor family and the largest individual DATA MODUL AG shareholder, Varitronix, reached an agreement of the acquisition of DATA MODUL shares in the amount of approximately 34% of the share capital.