Joint declaration by the Executive Board and the Supervisory Board of Atlan International Holdings Inc. (Solar 18) on the Corporate Governance Codex.

Pursuant to § 161 of the German Stock Corporation Act (AktG), the Executive and Supervisory Boards of listed companies are obliged to issue an annual statement on whether they have adhered to and will adhere to the recommendations of the German Corporate Governance Codex.
The German Corporate Government Codex is published by the Federal Ministry of Justice in the official section of the Electronic Federal Gazette and is also available at, among other places, the website www.corporate-governance-code.de . It contains recommendations on the Corporate Governance with regard to shareholders and the Annual General Meeting, Executive and Supervisory Boards, transparency, accounting and final audit. If the listed stock company has not been in conformity with a recommendation,  if it does not plan to be in conformity with a recommendation,  the Executive Board and the Supervisory Board are obliged under the terms of § 161 AktG to declare this in their annual Declaration of Conformity.

Divergent from point 6.6 of the Code, separate holdings by the Executive Board and Supervisory Board of shares or related financial instruments shall not be stated in the Corporate Governance Report, even if the total holdings of all Executive Board and Supervisory Board members exceed 1% of the shares in the company. The Executive Board and Supervisory Board are of the opinion that the declaration duties laid down by the German Securities Trading Act are sufficient when the holding of a shareholder exceeds certain levels.