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Arrow Central Europe Holding Munich GmbH ("Arrow"), an indirect subsidiary of Arrow Electronics, Inc., Centennial, USA, has notified DATA MODUL Aktiengesellschaft Produktion und Vertrieb von elektronischen Systemen ("DATA MODUL AG") by today, that Arrow intends to enter into a domination and profit transfer agreement pursuant to sec. 291 para. 1 sent. 1 German Stock Corporation Act with Arrow as dominating party and DATA MODUL AG as dependent party.
Furthermore, Arrow has notified DATA MODUL AG that Arrow holds, as per today, 69.2% of the registered share capital of DATA MODUL AG.