Joint Statement of the Management Board and the Supervisory Board of KHD Humboldt Wedag International AG

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KHD appoints new Chief Executive Officer (CEO)

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Today the Supervisory Board of KHD Humboldt Wedag International AG (KHD), Cologne, appointed Mr. Johan Cnossen (55) as member of the Company’s Management Board, effective May 1, 2015. Mr. Cnossen will serve as Chief Executive Officer (CEO). Currently Johan Cnossen works as Vice President Middle East Operations at Jacobs Inc.

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KHD grants € 50 million intercompany loan

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KHD Humboldt Wedag International AG (KHD) has entered into a second € 50 million loan agreement with AVIC International (HK) Group Ltd., Hong Kong, as the borrower.
The loan bears interest at a rate of six percentage points per annum. The term of the loan agreement is three years.

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KHD replaces existing bonding line facility with bilateral bonding line agreements

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KHD Humboldt Wedag International AG (KHD) has replaced its existing bonding line facility with a new long-term solution. On August 25, 2014, KHD cancelled its existing bonding line facility with a consortium of banks, which had issued bank guarantees of over € 80.3 million as per December 31, 2013. The Group replaced this facility with two bilateral bonding line agreements with the Deutsche Bank AG (€ 40 million) and the Raiffeisen Bank International AG, Wien (€ 38 million).

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KHD Humboldt Wedag
International AG

Von-der-Wettern-Straße 4a
51149 Cologne
Germany

info@khd.com
+49 221 6504 0

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Offer Document – Takeover Offer for the acquisition of shares in KHD Humboldt...Management Board and Supervisory Board of KHD Humboldt Wedag International AG...