init decides share buy-back

Karlsruhe, 14 September 2015.

The managing board of init innovation in traffic systems AG has decided in accordance with the resolution of the general meeting of 13 May 2015, topic 6 of the agenda to repurchase up to 20,000 own shares (pursuant to § 71 (1.8) AktG). The purchase price per share should not exceed EUR 18.50 (without additional charges). The repurchased shares are to be used for existing and future employee share schemes, incentive schemes for members of the managing board and managing directors, as acquisition currency and/or for cash to third party. It is planned to transact the share buy-back during the period from 14 September 2015 to 18 December 2015 on the stock exchange.