Merger Overwhelmingly Approved

Lexmark International’s shareholders have approved the definitive merger agreement under which the company is to be acquired by a consortium of investors led by Apex Technology Co., Ltd. and PAG Asia Capital and including Legend Capital Management Co., Ltd.

Upon completion of the transaction, Lexmark shareholders will receive $40.50 per share in cash.

70% of the company’s outstanding shares were voted at the special meeting, with 99% diverted to support the merger.

Lexmark expects the transaction will be completed in this second half of 2016. And it also plans to announce the second quarter earnings of this 2016 before the opening of the New York Stock Exchange on July 29, 2016.

Paul Rooke, Lexmark chairman and chief executive officer, stated, “This transaction is in the best interests of our shareholders, and we are confident it will benefit our customers, provide new opportunities for our employees, and enable Lexmark to continue to grow, innovate and expand our market presence in the Asia Pacific region.”

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