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Software AG GB 2012, englisch

SOFTWARE AG | ANNUAL REPORT 2012 232 The rights granted under Management Incentive Plan 2007 (MIP III) changed as follows in fiscal years 2012 and 2011: Number of rights outstanding Weighted average exercise price per right in € Weighted average remaining term in years Aggregated intrinsic value in €thousands Balance as of Dec. 31, 2011 1,961,400 24.12 4.5 8,709* Exercised Aug. 14, 2012 (closing price €26.25) -10,000 24.12 Exercised Aug. 15, 2012 (closing price €25.88) -9,000 24.12 Exercised Nov. 21, 2012 (closing price €31.59) -89,600 24.12 Balance as of Dec. 31, 2012 1,852,800 24.12 3.5 14,804* Thereof exercisable as of Dec. 31, 2012 1,852,800 * Based on the closing price on December 28, 2012. Number of rights outstanding Weighted average exercise price per right in € Weighted average remaining term in years Aggregated intrinsic value in €thousands Balance as of Dec. 31, 2010 1,782,354 72.36 5.5 66,095 Effect of the stock split (3:1) on May 13, 2011 1,782,354 x 3 72.36 /3 5.5 Balance as of May 13, 2011 (after stock split) 5,347,062 24.12 Exercised May 19, 2011 (closing price €40.42) -1,566,950 24.12 Exercised May 26, 2011 (closing price €38.02) -1,716,650 24.12 Exercised Aug 19, 2011 (closing price €28.10) -15,000 24.12 Exercised Nov. 21, 2011 (closing price €26.98) -57,062 24.12 Forfeited/expired -30,000 24.12 Balance as of Dec. 31, 2011 1,961,400 24.12 4.5 8,709* Thereof exercisable as of Dec. 31, 2011 1,961,400 * Based on the closing price on December 31, 2011.

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