On May 27, 2003 the shareholders’ meeting authorised for the first time the Managing Board of HUGO BOSS AG to purchase its own bearer shares and/or non-voting bearer preferential shares, however not more than 10% of the current share capital. 

This authorisation to purchase shares of its own was last re-approved by the shareholders’ meeting on May 14, 2009 until November 13, 2010.

This authorisation may be exercised by the Company for the entire amount at once or in part amounts, on one or several occasions. The shares may be purchased on the stock market or by means of making a public purchase offer to the holders of the respective category of shares. 

The shares acquired are to be used as consideration in the case of future acquisitions or equity investment opportunities. 

Further details regarding the share buyback can be found in the invitation to the shareholders’ meeting 2009. 

HUGO BOSS AG will inform about the further development of the share buyback program.