Nabaltec_E_GB2016

S T N E M E T A T S L A I C N A N I F D E T A D I L O S N O C 108 OTHER DISCLOSURES 7.8 CORPORATE OFFICERS Management Board ■ Mr. Johannes Heckmann ■ Mr. Gerhard Witzany Supervisory Board ■ Dr. Leopold von Heimendahl ■ Dr. Dieter J. Braun ■ Prof. Dr.-Ing. Jürgen G. Heinrich (Technical affairs) (Commercial affairs) (Chairman) (Vice Chairman) CORPORATION ACT ON THE GERMAN CORPORATE GOVERNANCE CODE 7.9 VOLUNTARY DECLARATIONS PURSUANT TO § 161 OF THE GERMAN STOCK The Management Board and Supervisory Board of Nabaltec AG have voluntarily issued the prescribed declaration for publicly traded companies in accordance with § 161 of the Ger- man Stock Corporation Act and has made this declaration available to its shareholders on the company’s website. The declaration is posted on the company’s website, “www.nabaltec.de,” under “Investor Relations/Corporate Governance.” 7.10 MAJOR EVENTS OCCURRING AFTER THE REPORTING DATE Nabaltec AG has concluded an agreement under which it acquires 49% of shares in the Nashtec LLC joint venture, shares which are currently held by the parent company of Sherwin Alumi- na Company LLC, Allied Alumina LLC. Sherwin Alumina Company LLC filed for bankruptcy in January 2016 and subsequently discontinued operations and sold all of its major assets to Corpus Christi Alumina LLC as part of a liquidation plan in accordance with Chapter 11 of the US Bankruptcy Code, which was approved by a federal bankruptcy court on 17 February 2017. Sherwin Alumina Company LLC was the raw materials supplier for Nashtec LLC and had certain claims based on loans which had been provided to Nashtec LLC. Nabaltec AG will now acquire these claims from Corpus Christi Alumina LLC. In addition, Nashtec LLC will acquire an adjoin- ing property, including production buildings and technical equipment, from Corpus Christi Alumina LLC and Glencore Ltd., as well as existing stocks of aluminum hydroxide in order to ensure the supply of raw materials once the stand-alone solution is finalized. The relevant contracts were signed on 17 March 2017 and take effect immediately. This will allow Nabaltec AG to begin modifications to the production site in Corpus Christi, Texas and ensure the continuation of Nashtec LLC and its operations. Nabaltec AG anticipates a time frame through the end of 2017 for the realization of this stand-alone solution. Nashtec LLC is expected to resume deliveries to US customers at the start of 2018. In the mean- time, the American market will be supplied from Schwandorf. Because of Sherwin Alumina Company LLC’s Chapter 11 bankruptcy procedure, Nabaltec AG has refrained from issuing a 2016 revenue and earnings forecast. |||| Nabaltec AG | Annual Report 2016

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