According to a statement it made on June 3, 2014 UBS Fund Management (Switzerland) AG, Postfach, CH – 4002 Basel, informed that they decreased their total shareholdings in registered shares of Valora Holding AG to below 3% on May 28, 2014.

The contact person is Konstantina Georgaki, EUR1-2-2524 GAXE, Postfach, 8098 Zürich.