As of December 28, 2012, Schindler Holding Ltd will end the buyback program started on January 4, 2010. The Board of Directors has approved a new buyback program under which, after acceptance by the regulatory authorities, a maximum of 9.5% of the nominal capital can be purchased via separate trading lines on the SIX Swiss Exchange starting January 3, 2013, until December 31, 2015. The purpose of the buyback is the reduction of capital through cancellation of the shares purchased under the program.