Océ: strategic review process was thorough and complete

In particular, after its various public announcements including at its general meetings of shareholders dated 21 October 2008 and 23 April 2009 that it would seek further economies of scale, Océ has been in frequent contact with all relevant industry players, and has considered and discussed various transaction forms, all in the best interest of its shareholders and other stakeholders. The envisaged transaction with Canon is the result of this extensive process and is fully and unanimously supported by Océ’s Management and Supervisory Boards, the company said.