Exemptions

An exemption was granted to Rakon Limited from clause 5(1)(b) of Schedule 2 of the Code as it relates to its target company statement in relation to an offer from Bourns Inc. to the extent that:

• such clause requires the disclosure of the number, designation and percentage of Rakon share rights held or controlled by a non-senior manager; and
• the relevant non-senior manager does not hold or control 5% or more of the total number of Rakon share rights.