DGAP-PVR: Covestro AG: Release according to Article 26,

Covestro AG 10.10.2016 12:49 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Notification of Major Holdings 1. Details of issuer Covestro AG Kaiser-Wilhelm-Allee 60 51373 Leverkusen Germany 2. Reason for notification X Acquisition/disposal of shares with voting rights Acquisition/disposal of instruments Change of breakdown of voting rights Other reason: 3. Details of person subject to the notification obligation Name: City and country of registered office: Standard Life Investments Edinburgh, Scotland United Kingdom Limited 4. Names of shareholder(s) holding directly 3% or more voting rights, if different from 3. 5. Date on which threshold was crossed or reached 04 Oct 2016 6. Total positions % of voting % of voting rights total of total number rights attached through instruments both in % of voting to shares (total (total of 7.b.1 + (7.a. + rights of of 7.a.) 7.b.2) 7.b.) issuer Result- 2.942 % 0 % 2.942 % 202,500,000 ing situat- ion Previo- 3.025 % 0 % 3.025 % / us notifi- cation 7. Notified details of the resulting situation a. Voting rights attached to shares (Sec.s 21, 22 WpHG) ISIN absolute in % direct indirect direct indirect (Sec. 21 WpHG) (Sec. 22 WpHG) (Sec. 21 WpHG) (Sec. 22 WpHG) DE0006062144 5958554 % 2.942 % Total 5958554 2.942 % b.1. Instruments according to Sec. 25 para. 1 No. 1 WpHG Type of Expiration or Exercise or Voting Voting instrument maturity date conversion rights rights in period absolute % % Total % b.2. Instruments according to Sec. 25 para. 1 No. 2 WpHG Type of Expiration Exercise or Cash or Voting Voting instrume- or maturity conversion physical rights rights nt date period settlement absolute in % % Total % 8. Information in relation to the person subject to the notification obligation Person subject to the notification obligation is not controlled and does itself not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer (1.). X Full chain of controlled undertakings starting with the ultimate controlling natural person or legal entity: Name % of voting % of voting rights Total of both rights (if at through instruments (if at least least held 3% (if at least held 5% held 5% or or more) or more) more) Standard Life % % % Investments Limited Standard Life % % % Investments (Mutual Funds) Limited 9. In case of proxy voting according to Sec. 22 para. 3 WpHG Date of general meeting: Holding position after general meeting: % (equals voting rights) 10. Other explanatory remarks: 10.10.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Covestro AG Kaiser-Wilhelm-Allee 60 51373 Leverkusen Germany Internet: www.covestro.com End of Announcement DGAP News-Service ---------------------------------------------------------------------------