No power train without Miba technology

24
Changes in Corporate Structure
The 23rd Annual General Meeting of Miba AG on June 19, 2009, passed a resolution reauthorizing
the Management Board, under section 65 (1) 8 and section 65 (1a) and (1b) of
the Austrian Stock Corporation Act (Aktiengesetz), to purchase company shares (preferred
Category B shares) totaling no more than 10 percent of the company’s share capital during
a period ending December 31, 2011. The Management Board of Miba AG resolved on
July 14, 2009, to implement a new share buyback plan for 30,000 preferred Category B
shares. No further shares of Miba stock were created through this share
buyback plan through January 31, 2010. As of the balance sheet date of January 31, 2010,
Miba AG held 66,229 treasury shares, unchanged from the previous year.
The appointment of Dr. Wolfgang Berndt to the Supervisory Board of Miba AG was extended
by five years at the 23rd Annual General Meeting of Miba AG on June 19, 2009.
On May 31, 2009, Miba's stake in C-Gesellschaft was increased to 75.5 percent, up from
51 percent.
On June 2, 2009, Miba's stakes in Tyzack Ltd., Sheffield (UK), WA Tyzack Ltd., Sheffield (UK)
and Tyzack Turner Ltd., Sheffield (UK) were liquidated in accordance with commercial law.
In July 2009, Miba acquired a 24.9 percent interest in Teer Coatings Ltd., Droitwich (GB).
Teer Coatings Ltd. is one of the world's technology leaders in the area of PVD coatings.
This investment enables Miba to expand its expertise and product portfolio in the highly
specialized surface coating segment. The remaining shares in the company were taken
over as of March 31, 2010.