Ad hoc Announcement of EASY SOFTWARE AG according to section 15 of the German Securities Trading Act (WpHG)
Mülheim an der Ruhr/Germany, March 31, 2016
EASY Solutions GmbH, former Supervisory Board chairman Manfred A. Wagner and former Management Board member Josef Gemeri have appealed against the verdict of District Court Duisburg of February 11, 2016.
District Court Duisburg had sentenced EASY Solutions GmbH, Manfred A. Wagner and Josef Gemeri – jointly and severally liable – to pay damages amounting to EUR 400,000.00 plus interest to EASY SOFTWARE AG due to granting guarantees by EASY SOFTWARE AG to secure liabilities of EASY Solutions GmbH and due to the settlement of liabilities by EASY SOFTWARE AG in favour of EASY Solutions GmbH. Moreover, EASY Solutions GmbH and Manfred A. Wagner were sentenced – jointly and severally liable – to pay further damages in the amount of EUR 83,440.33 plus interest to EASY SOFTWARE AG. In addition, District Court Duisburg decided that Manfred A. Wagner and Josef Gemeri are obliged, jointly and severally liable, to compensate all further damages of EASY SOFTWARE AG that has arisen or will arise from the above case amounting to a front ranking liability of EUR 400,000.00 and that Manfred A. Wagner is obliged to compensate all further damages of EASY SOFTWARE AG that has arisen or will arise from the above case exceeding a liability amount of EUR 400,000.00.
EASY SOFTWARE AG
The Management Board