According to a statement it made on January 23, 2015, Credit Suisse Funds AG, Uetlibergstrasse 231, 8045 Zürich, Switzerland informed that they decreased their total shareholdings in registered shares of Valora Holding AG to 2.91% (100'060 registered shares) on January 21, 2015. The contact person for this communication is Christian Pascual, Credit Suisse AG, Zürichstrasse 137, 8600 Dübendorf, Switzerland.