<SEC-DOCUMENT>0001193125-12-497138.txt : 20121210
<SEC-HEADER>0001193125-12-497138.hdr.sgml : 20121210
<ACCEPTANCE-DATETIME>20121210171744
ACCESSION NUMBER:		0001193125-12-497138
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20121210
FILED AS OF DATE:		20121210
DATE AS OF CHANGE:		20121210

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ASML HOLDING NV
		CENTRAL INDEX KEY:			0000937966
		STANDARD INDUSTRIAL CLASSIFICATION:	SPECIAL INDUSTRY MACHINERY, NEC [3559]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-33463
		FILM NUMBER:		121254147

	BUSINESS ADDRESS:	
		STREET 1:		DE RUN 6501
		CITY:			DR VELDHOVEN
		STATE:			P7
		ZIP:			5504
		BUSINESS PHONE:		31402683000

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 324
		CITY:			AH VELDHOVEN
		STATE:			P7
		ZIP:			5500

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ASM LITHOGRAPHY HOLDING NV
		DATE OF NAME CHANGE:	19950215
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>d451612d6k.htm
<DESCRIPTION>FORM 6-K
<TEXT>
<HTML><HEAD>
<TITLE>Form 6-K</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P> <P STYLE="margin-top:4px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>SECURITIES AND EXCHANGE
COMMISSION </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>Washington, D.C. 20549 </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="5"><B>FORM 6-K </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>REPORT OF A
FOREIGN ISSUER </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>PURSUANT TO RULE 13A-16 OR 15D-16 OF </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="3"><B>THE SECURITIES EXCHANGE ACT OF 1934 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>For December&nbsp;10, 2012 </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center>
<P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="6"><B>ASML Holding
N.V. </B></FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center>
<P STYLE="margin-top:6px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>De Run 6501 </B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5504 DR Veldhoven </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>The Netherlands </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>(Address of principal executive offices) </B></FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P><center> <P STYLE="line-height:6px;margin-top:0px;margin-bottom:2px;border-bottom:1pt solid #000000;width:21%">&nbsp;</P></center> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Form 20-F&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Form
40-F&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT> </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Yes&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#168;</FONT>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;No&nbsp;&nbsp;<FONT STYLE="FONT-FAMILY:WINGDINGS">&#120;</FONT>
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): </FONT></P>
<P STYLE="font-size:8px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:0px;margin-top:0px;margin-bottom:0px;border-bottom:0.5pt solid #000000">&nbsp;</P>
<P STYLE="line-height:3px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000">&nbsp;</P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>


<IMG SRC="g451612img001.jpg" ALT="LOGO">
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B><U>Exhibits </U></B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD></TD>
<TD VALIGN="bottom" WIDTH="3%"></TD>
<TD WIDTH="94%"></TD></TR>


<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">99.1</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;ASML Confirms Completion of the Synthetic Buyback,&#148; press release dated December&nbsp;4, 2012</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">99.2</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Update on share buy-back program</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">99.3</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Final minutes of the 2012 Annual General Meeting of Shareholders</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top" NOWRAP><FONT STYLE="font-family:Times New Roman" SIZE="2">99.4</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Draft minutes of the 2012 Extraordinary General Meeting of Shareholders</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Safe Harbor&#148; Statement under the US Private Securities Litigation Reform Act of 1995: the matters discussed in
this document may include forward-looking statements, including statements made about development of EUV and 450mm technologies and timing for introduction of new systems and benefits of 450mm and EUV technology, whether R&amp;D funding commitments
by Intel and other customers in ASML will occur and the terms and conditions of any such funding commitments, purchases of 450mm and EUV tools by Intel and other customers and statements regarding our share repurchase program. These forward looking
statements are subject to risks and uncertainties including, whether the 450mm and EUV research and development programs will be successful, ASML&#146;s ability to hire additional workers as part of the 450mm and EUV programs, economic conditions,
product demand and semiconductor equipment industry capacity, worldwide demand and manufacturing capacity utilization for semiconductors (the principal product of our customer base), including the impact of general economic conditions on consumer
confidence and demand for our customers&#146; products, competitive products and pricing, the impact of manufacturing efficiencies and capacity constraints, the continuing success of technology advances and the related pace of new product
development and customer acceptance of new products, our ability to enforce patents and protect intellectual property rights, the risk of intellectual property litigation, availability of raw materials and critical manufacturing equipment, trade
environment, changes in exchange rates, available cash, distributable reserves for dividend payments and share repurchases, our ability to successfully complete acquisitions, including the Cymer transaction or the expected benefits of the Cymer
transaction and other risks indicated in the risk factors included in ASML&#146;s Annual Report on Form 20-F and other filings with the US Securities and Exchange Commission. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>SIGNATURES </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px; text-indent:4%"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE">


<TR>
<TD WIDTH="46%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="4%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="2%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="45%"></TD></TR>


<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="3"><FONT STYLE="font-family:Times New Roman" SIZE="2">ASML HOLDING N.V. (Registrant)</FONT></TD></TR>
<TR>
<TD HEIGHT="16"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD>
<TD HEIGHT="16" COLSPAN="2"></TD></TR>
<TR>
<TD VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2">Date: December 10, 2012</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">By:</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"> <P STYLE="margin-top:0px;margin-bottom:1px;border-bottom:1px solid #000000"><FONT STYLE="font-family:Times New Roman" SIZE="2">/s/ Peter T.F.M. Wennink</FONT></P></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Peter T.F.M. Wennink</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">Executive Vice President</FONT></TD></TR>
<TR>
<TD VALIGN="top"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">and Chief Financial Officer</FONT></TD></TR>
</TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d451612dex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
<HTML><HEAD>
<TITLE>Exhibit 99.1</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.1 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>ASML Confirms Completion of the Synthetic Buyback </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">VELDHOVEN, the Netherlands,
4&nbsp;December 2012 - ASML Holding NV today announces that it has completed the Synthetic Buyback which forms part of ASML&#146;s Customer Co-Investment Program announced on 9&nbsp;July 2012. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">With the execution of the Synthetic Buyback, ASML has made a EUR 3.85 billion cash capital repayment to its shareholders (other than the three
participating customers in the Customer Co-Investment Program) and has reduced the number of issued shares by 96.566.124 as a result of the reverse stock split. This is effectively equivalent to ASML buying back the shares issued to the
participating customers in the Customer Co-Investment Program at a price of EUR 39.91&nbsp;per share, which is the per share price paid by those participating customers. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>About ASML&#146;s Customer Co-Investment Program </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Three ASML customers &#150; Intel, TSMC
and Samsung &#150; agreed to contribute EUR 1.38 billion to ASML&#146;s research and development of next-generation lithography technologies over five years, specifically aimed at accelerating EUV lithography and 450mm lithography development. As
part of the Customer Co-Investment Program, but separate from the R&amp;D contribution, ASML received EUR 3.85 billion for issuing shares to the three participating customers. This cash was returned to shareholders (excluding participating
customers) via a Synthetic Buyback, which included a reverse stock split to avoid dilution (on an earnings per share basis) as a result of the Customer Co-Investment Program. More details can be found at www.asml.com/cip. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>About ASML </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ASML is one of the
world&#146;s leading providers of lithography systems for the semiconductor industry, manufacturing complex machines that are critical to the production of integrated circuits or chips. Headquartered in Veldhoven, the Netherlands, ASML is traded on
Euronext Amsterdam and NASDAQ under the symbol ASML. ASML has more than 8,200 employees on payroll (expressed in full time equivalents), serving chip manufacturers in more than 55 locations in 16 countries. More information about our company, our
products and technology, and career opportunities is available on our website: www.asml.com </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">* * * </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The securities referred to herein have not been registered under the United States Securities Act of 1933 and may be offered in the United States solely
pursuant to an exemption from such registration requirements. </FONT></P>

<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Forward Looking Statements </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">&#147;Safe Harbor&#148; Statement under the US Private Securities Litigation Reform Act of 1995: the matters discussed in this document include forward-looking statement relating to our Customer
Co-Investment Program. These forward looking statements are subject to risks and uncertainties including whether the 450mm and EUV research and development programs will be successful and other risks indicated in the risk factors included in
ASML&#146;s Annual Report on Form 20-F and other filings with the US Securities and Exchange Commission. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Contacts </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Lucas van Grinsven </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Communication Worldwide |
Corporate </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">corpcom@asml.com </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">+31.40.268.3949 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Craig DeYoung </FONT></P>
<P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">VP Investor Relations </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">craig.deyoung@asml.com
</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">+1.480.383.4005 </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Franki
D&#146;Hoore </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Director Investor Relations </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">franki.dhoore@asml.com </FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">+31.40.268.6494 </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>

</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.2
<SEQUENCE>3
<FILENAME>d451612dex992.htm
<DESCRIPTION>EXHIBIT 99.2
<TEXT>
<HTML><HEAD>
<TITLE>Exhibit 99.2</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.2 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="100%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="50%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="48%"></TD></TR>


<TR>
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>ASML share buy-back</B></FONT></P>
<P STYLE="margin-top:0px;margin-bottom:1px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>program</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center">


<IMG SRC="g451612001.jpg" ALT="LOGO">
</TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Repurchase up to &#128; 1.130 billion within 2 years </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">ASML finalised this program November 22, 2012. ASML acquired 36,952,634 shares at an average price of EUR 30.58 per share. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">ASML intends to cancel all shares repurchased under this program. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The total amount of
outstanding shares at the end of 2011 was approx.&nbsp;414&nbsp;million shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The following table shows the shares repurchased between
October 18, 2012 and November 22, 2012: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="59%"></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="5%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>
<TR>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Date</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Repurchased<BR>shares</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Average&nbsp;price</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom" COLSPAN="2" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1"><B>Repurchased&nbsp;value</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">October 18 - October 19, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">50,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;39.54</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 1,977,184</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">October 22 - October 26, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">500,500</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 41.02</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 20,531,027</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">October 29- November 2, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">849,612</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 42.91</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 36,454,532</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">November 5 - November 9, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">912,334</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 43.80</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 39,957,347</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">November 12 - November 16, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,161,921</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 43.16</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 50,150,963</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">November 19 - November 22, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">260,993</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 43.28</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"> 11,295,907</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Total shares repurchase between </B><B>October 18, 2012 and November 22, 2012</B><B></B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>3,735,360</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B>&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>&#128;</B><B></B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B> </B><B>42.93</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B><B></B>&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>&#128;</B><B></B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B> </B><B>160,366,958</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B><B></B>&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Total</B><B> repurchases</B><B></B><B> under share buy-back program</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B>&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>36,952,634</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B>&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>&#128;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B> 30.58</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B>&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>&#128;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B>&nbsp;1,129,999,994</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B></B><B></B>&nbsp;&nbsp;</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Repurchase up to 2.2 million shares during 2012 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="84%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="68%"></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD>
<TD VALIGN="bottom" WIDTH="4%"></TD>
<TD></TD>
<TD></TD>
<TD></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Announced January 18, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">Repurchased of total program:</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">66.5</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">%&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD>
<TD VALIGN="bottom"></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-top:0px;margin-bottom:1px; margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">November 24, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">15,000</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">43.63</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">654,392</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">November 26 - November 30, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">642,851</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">46.87</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">30,128,714</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR BGCOLOR="#cceeff">
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2">December 3 - December 7, 2012</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">804,338</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">47.65</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#128;</FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2">38,330,552</FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2">&nbsp;&nbsp;</FONT></TD></TR>
<TR>
<TD HEIGHT="8"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD>
<TD HEIGHT="8" COLSPAN="4"></TD></TR>
<TR>
<TD VALIGN="top"> <P STYLE="margin-left:1.00em; text-indent:-1.00em"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Total</B></FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1,462,189</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#128;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>47.27</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;&nbsp;</B></FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;&nbsp;</FONT></TD>
<TD VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&#128;</B></FONT></TD>
<TD VALIGN="bottom" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>69,113,658</B></FONT></TD>
<TD NOWRAP VALIGN="bottom"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>&nbsp;&nbsp;</B></FONT></TD></TR>
</TABLE>
</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.3
<SEQUENCE>4
<FILENAME>d451612dex993.htm
<DESCRIPTION>EXHIBIT 99.3
<TEXT>
<HTML><HEAD>
<TITLE>Exhibit 99.3</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.3 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
&nbsp;&nbsp;&nbsp;&nbsp; </P>
<P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:0px; " ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Minutes<FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP
STYLE="vertical-align:baseline; position:relative; bottom:.8ex">&nbsp;1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"> of the </FONT></B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Annual General Meeting of Shareholders </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>of ASML Holding N.V.
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>held on 25&nbsp;April 2012 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Chairman: A.P.M. van der Poel (the &#147;Chairman&#148;) </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>General remarks </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">These minutes of the Annual General Meeting of Shareholders of ASML Holding N.V. (&#147;ASML&#148; or &#147;the Company&#148;), held on April&nbsp;25,
2012, are intended purely for information purposes and are not intended to be complete. They contain a report of the Annual General Meeting of Shareholders of April&nbsp;25, 2012, and do not deal with events after April&nbsp;25, 2012. These minutes
should be read in conjunction with the agenda and the explanatory notes to the agenda for this meeting, the 2011 statutory Annual Report, the annual report as set out in form 20-F filed with the <I>US Securities and Exchange Commission</I> (SEC)
concerning the financial year ending on 31&nbsp;December 2011, and other documents which ASML has filed with the SEC. ASML does not give any guarantee as to the completeness or correctness of the information contained in these minutes and does not
undertake any obligation whatsoever to update or correct the information they contain after their publication. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1. Opening </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman opened the Annual General Meeting of Shareholders of ASML and welcomed all those present. The Board of Management was represented at the
meeting by Messrs Meurice, Wennink, Van den Brink, Van Hout and Schneider-Maunoury. The Supervisory Board was represented by Ms Van der Meer Mohr and Messrs Bilous, Fr&ouml;hlich, Siegle, Westerburgen and Ziebart and the Chairman. Ms Van den Burg
was absent due to illness. Mr Van Olffen, Notary at De Brauw Blackstone Westbroek, acted as Secretary of the meeting. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then dealt
with the items on the agenda of the meeting. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>2. Overview of the Company&#146;s business and financial situation </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave the floor to Mr Wennink, who gave a summary of ASML&#146;s activities in 2011. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink began his presentation by informing the meeting that 2011 had been a record year, with a turnover of EUR 5.6 billion, compared to EUR 4.5 billion in 2010. This could be explained, <I>inter
alia</I>, by the catching-up process which had taken place in 2011 with regard to orders placed in 2010 at a time when ASML&#146;s customers were again investing after the crisis which had begun in 2008. Mr Wennink then reported a number of key
financial figures for 2011, such as the gross profit margin, R&amp;D costs and general costs, which had risen as a result of the higher turnover. Net profits totalled EUR 1.4 billion in 2011, compared to EUR 1 billion in 2010, and the profit per
share had risen from EUR 2.35 in 2010 to EUR 3.45 in 2011. Net cash flow stood at EUR 2 billion in 2011, which was significantly higher than in 2010. One reason for this was that customers had paid advances for EUV systems for pilot production,
which was a sign that the industry was committing itself to that technology. In 2011, EUR 300&nbsp;million was invested in a new EUV factory, and EUR 1&nbsp;million was paid back to shareholders through the purchase of shares and payment of
dividends. </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">This is an unofficial translation; the Dutch version of the minutes is the official version. </FONT></P></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The balance sheet showed that ASML was in a very sound financial position, with its own assets amounting to
50% of the balance-sheet total. ASML was maintaining sufficient cash resources in connection with the cyclical nature of the industry, to be able to invest in R&amp;D and for working capital purposes. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The quarterly sales figures demonstrated a constant flow of orders and turnover; in the period from the fourth quarter of 2010 up to and including the
third quarter of 2011, with an aggregate turnover of EUR 6 billion during this period. In the fourth quarter of 2011 and the first quarter of 2012, turnover was somewhat lower at around EUR 1.2 billion per quarter. These lower figures may be
explained by the abovementioned catching-up process that had taken place in 2011. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The gross profit margin was strong, with values at around
45% in the first half of 2011 and somewhat lower values in the second half of that year. The latter was attributable to the fact that pre-production EUV systems were included in the figures. These systems are supplied at cost price and thus have the
effect of pushing down the gross margin. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The order book for 2011 showed that 75% consisted of the most advanced systems; 77% of orders went
to the so-called foundry and IDM customers, who produced very advanced logic chips for, <I>inter alia,</I> solid state drives, smart phones and tablets. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Finally, Mr Wennink presented details of ASML&#146;s dividend policy, as set out in the agenda and explanatory notes thereto. In the past 6 years, ASML had handed EUR 3.5 billion back to shareholders in
the form of dividends and share buy backs. Repurchased shares represented around 31% of the share capital issued. These shares have largely been cancelled, which has had a significant impact on the profit per share. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">After this presentation, the Chairman gave the floor to Mr Meurice. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice first reported on the market situation in the semiconductor industry. He gave an overview of chip producers on the market and their investments in 2011. Mr Meurice indicated that the number of
chip producers was gradually falling as a result of consolidation, which meant that chip producers were in a position to invest in R&amp;D. In 2011, ASML had for the first time achieved the highest turnover in the entire semiconductor equipment
industry, which is remarkable for a so-called one-product company. In the area of R&amp;D, ASML ended 2011 ranking second among European companies with regard to R&amp;D expenditure per employee. Mr Meurice then presented an overview of the
technological developments driven by Moore&#146;s Law aimed at reducing the size of transistors in order to produce faster and more powerful chips at a lower cost per chip. ASML had so far been able to comply with Moore&#146;s Law. In 2011, the ASML
factory was declared the best factory in the Netherlands by an international network of business schools and universities. According to Mr Meurice, this indicated that there was an appropriate mix between R&amp;D and production. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:0px; "><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice then gave an overview of ASML&#146;s activities in the area of sustainability, which focuses on four main areas and which
were illustrated with a number of examples. A number of important results achieved in 2011 in the area of sustainable operations were a significant reduction of CO</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUB
STYLE="vertical-align:baseline; position:relative; top:.4ex">2</SUB></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"> emissions with increasing turnover and above-target performances in the area of the recycling of both hazardous and
non-hazardous waste. With regard to sustainable products, Mr Meurice reported that ASML&#146;s systems had become bigger over the years and thus consume more energy. Nevertheless, one could speak of a positive effect in the area of energy
consumption. First, chips produced using the latest systems were much more energy-efficient; second, the newest ASML systems were relatively energy-efficient in terms of energy consumption per chip produced. Another aspect of sustainable products
was the reuse of ASML systems. ASML was buying back older ASML systems and in some cases reconditioning them and re-selling them. With regard to </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
sustainable supply chain, Mr Meurice first gave an overview of the scale of ASML&#146;s supplier network. He then went on to point out that ASML was seeking to become a member of the Electronic
Industry Citizenship Coalition (&#147;EICC&#148;) and that the EICC&#146;s code of conduct was also being implemented in ASML&#146;s supply chain. Finally, Mr Meurice examined the issue of sustainable culture. ASML was seen as a good employer, both
by its staff and outsiders. More than 600 jobs had been created in 2011. ASML is a driving force behind technological development in general. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then went on to give those present an opportunity to ask questions on the subjects that had been presented. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna, Representative of the Dutch Shareholders&#146; Association (<I>Vereniging</I> <I>van</I> <I>Effectenbezitters</I>
<I></I>(<I></I><I>VEB</I><I></I>)<I></I>), representing 88 shareholders with a total of 57,136 shares, asked where ASML&#146;s growth opportunities would lie in the future, whether diversification was an option and whether ASML would be able to find
sufficient technical staff in order to grow. Mr Jorna then asked at what point in the cycle the semiconductor industry was currently situated given the relatively high level of inventory at chip manufacturers at the beginning of 2012, and why EUV
systems were not included in the backlog. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice replied that the semiconductor market as a whole was still growing and that growth
opportunities existed for ASML; diversification was not an aim in itself. As stated earlier, ASML did not exclude the possibility of acquisitions of companies which offered synergy with ASML. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink stated that the inventory levels at chip manufacturing companies had in the meantime decreased again. There is hardly a cycle in the overall semiconductor industry; each of the four market
segments has their own cycle. For ASML, this meant more stability as regards turnover, which could also be seen in the results of previous years. The reason why EUV systems were not included in the backlog was that they were pilot-product systems
which did not expand capacity. ASML currently had 11 orders of such systems. With regard to the question relating to staff, Mr Wennink indicated that the Dutch labour market, in combination with the international labour market, still offered
sufficient possibilities to find technical staff. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Bakx, representative of the Investors&#146; Legal Protection Foundation
<I></I>(<I>Stichting</I> <I>Rechtsbescherming Beleggers</I>)<I>,</I> first complimented ASML on its 2011 results. He then asked what the latest state of affairs was regarding the light source in the EUV machine and how much service EUV machines
would require at the time of installation with the customer. Mr Bakx also wanted to know whether ASML&#146;s suppliers were able to keep up with ASML given the current order book. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice answered that enormous progress had been made regarding the EUV light source and that ASML was still expecting to be able to supply the systems to customers once customers were ready to produce
the first generation of chips with EUV systems. With regard to service, Mr Meurice replied that the current EUV system, excluding the light source, was showing a stable performance. A relatively large number of service people would of course be
needed for the initial installations, but it was expected that the number could be set at regular levels relatively quickly. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">On the question
of suppliers, Mr Wennink indicated that long-term capacity agreements were being concluded with suppliers which ensured that sufficient capacity could be supplied over a period of 9 months and that ASML carried out checks on this. The Chairman added
that this model worked well, as demonstrated when the market collapsed in 2009, followed by a ramp-up in 2010. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Ms Boogers, representative of the Association of Investors for Sustainable Development Vereniging van
Beleggers voor Duurzaam Ondernemen &#150; VBDO), complimented ASML on the greater emphasis it was placing on sustainability. She wanted to know in the context of the EICC code of conduct how ASML dealt with biodiversity and the use of raw materials
given the possibility of scarcity and conflicts, and what ASML&#146;s role was in the area of the recycling of electronic waste. Ms Boogers also wanted to know why ASML had not taken part in the Carbon Disclosure Project in 2011 and whether it would
do so in 2012. Finally, she asked how the long-term objectives of the Board of Management, management development and succession planning were related to sustainability and how the Board of Management&#146;s performance regarding these performance
objectives was determined given that they were not &#147;SMART&#148; from the VBDO&#146;s point of view. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:0px; "><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice
answered that the concrete influence which ASML had on biodiversity, the use of raw materials and the recycling of electronic waste was very limited, one of the reasons being that ASML only produced around 200 machines <I>per annum</I> and made
little use of raw materials. With regard to the Carbon Disclosure Project, Mr Meurice answered that ASML had decided not to take part in the project in 2011. The reduction of CO</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUB
STYLE="vertical-align:baseline; position:relative; top:.4ex">2</SUB></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2"> emissions was included in ASML&#146;s sustainability policy and would be reported on in the Sustainability Report, which
was based on the GRI guidelines. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman replied to the question on sustainability and remuneration by giving more details concerning
the various targets of the Board of Management, and he distanced himself from the VBDO&#146;s assertion that these targets were not smart. Mr Westerburgen, Chairman of the Remuneration Committee, added that in 2011, sustainability had been a target
for the short-term variable remuneration of the Board of Management and gave a brief description of that target. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr De Hond, a private
shareholder, asked how much ASML received in subsidies and which organisations these came from. He also wanted to know where the focus lay in the area of R&amp;D. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink answered that, of the approximately EUR 590&nbsp;million spent on R&amp;D in 2011, around EUR 20&nbsp;million was subsidised. Subsidies had been received from the Dutch authorities and from the
European Union and related to basic research. 55-65% of R&amp;D costs went on EUV, while the rest was spent on the NXT immersion systems, which would be the driving force behind sales in coming years and which would continue to be improved and
developed. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Troost, a private shareholder and former CEO of ASML, asked whether ASML&#146;s mission statement as defined in the past was
still appropriate in 2012 and whether it should be adapted, particularly with regard to the issue of sustainability. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice indicated
that the focus lay primarily on implementing the mission statement in practice, the focal points of which were the product, processes and people. With regard to the aspect of people, emphasis was placed above all on training and development of
skills. Mr Troost&#146;s suggestion would be considered. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna wondered when Moore&#146;s Law would end. He also asked whether more
information would be given concerning cooperation with Tokyo Electron Limited (TEL) in the area of EUV and immersion. Mr Jorna then referred to reports of new techniques for manufacturing chips, for example chip stacking. Mr Jorna wanted to know
what ASML&#146;s position was on this and whether it would be possible to use these new techniques in combination with ASML machines. Mr Jorna then went on to ask how overtime pay for ASML employees was accounted for. Finally, he suggested that any
new remuneration policy for the Board of Management should be kept simple, and he asked for more information concerning recent sales of shares and the exercise of options by members of the Board of Management in view of the fact that shares were
supposed to be held for the long term. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice indicated that, generally speaking, it was only possible to look five years ahead with regard to
technology and that ASML expected to be able to continue to follow Moore&#146;s Law for that period. With regard to the new techniques, Mr Meurice pointed out that their only aim was to create more layers per chip and that this was a favourable
development for ASML since it offered a growth opportunity. EUV was expected to be able to cope with this development, and it was even expected that EUV technology would be necessary in order for the new techniques to work. The relationship with TEL
was very important because TEL&#146;s machines were compatible with those of ASML. Both companies have therefore frequently worked together. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink answered the question concerning overtime by explaining that, in consultation with the unions, the company had established flexible working
arrangements for workers employed in manufacturing. An account receivable had been included in the annual accounts to account for surplus hours worked. With regard to the share and option transactions, Mr Wennink reported that the members of the
Board of Management had concluded so-called &#147;free-hand&#148; agreements with asset managers and that the Board of Management members themselves had no influence on the transactions. The transactions referred to by Mr Jorna had been implemented
in the context of asset spreading. Mr Wennink pointed out that all members of the Board of Management still had large numbers of ASML shares in their portfolio given the fact that shares could not be sold for five years. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Westerburgen thanked Mr Jorna for his suggestion on keeping the remuneration policy for the Board of Management simple. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then gave the floor to Notary Van Olffen to determine whether the formal requirements concerning the convening of the General Meeting of
Shareholders had been met and to indicate the precise number of shareholders and those entitled to vote present at the meeting. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Van Olffen
indicated that the total number of shares issued on the registration date for this AGM was 419,852,514 shares. In view of the number of treasury shares (9,014,118), the total number of shares to which voting rights were attached amounted to
410,838,396 shares, corresponding to a total number of 410,838,396 voting rights. Mr Van Olffen then reported that he had determined that 923 shareholders had been present or were represented at the beginning of the meeting. A total of 283,851,820
shares were represented, corresponding to a total capital of EUR 25,546,663.80, giving entitlement to 283,851,820 votes. Mr van Olffen added that this meant that 69.09% of the share capital was therefore present of represented. Consequently all the
voting items on the agenda could be adopted with a simple majority of the votes cast. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Van Olffen also reported that, where necessary,
those present had submitted their written proxies to the Company and that these had been shown to the notary. Mr van Olffen also reported that the legal and statutory requirements concerning the convening, holding and attendance of the General
Meeting of Shareholders had been met and that all documents had been placed for inspection at the locations prescribed by law and the Articles of Association. The Meeting had therefore been legally convened and was authorised to adopt resolutions
regarding the items on the agenda. Finally, Mr van Olffen reported that the Chairman of the Board of Management of ASML had informed him that no shareholder motions requesting additional agenda items, that were in compliance with the criteria of the
Articles of Association, had been submitted. Mr Van Olffen then explained the voting procedure, and a test vote was held in order to test the voting system. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then moved on to item 3 on the agenda. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>3. Discussion of the 2011 Annual Report, including ASML&#146;s corporate governance chapter, and the 2011 Remuneration Report, and adoption of the
financial statements for the financial year 2011, as prepared in accordance with Dutch law. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman reported that ASML had again
drawn up two annual accounts in 2011, one in accordance with US&nbsp;GAAP and one in accordance with the Dutch rules based on IFRS. The annual accounts drawn up in accordance with the Dutch rules were the statutory annual accounts which were now
being put forward for adoption. These accounts had been drawn up by the Board of Management and had been audited by Deloitte, ASML&#146;s external accountant, who had issued an Auditor&#146;s Report.. The Supervisory Board had signed the annual
accounts and was recommending that the AGM should adopt them. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The annual accounts and annual report had been made available for consultation.
Mr Dekker, the authorised representative of Deloitte Accountants B.V., was present to answer any questions relating to the Auditor&#146;s Report. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman then referred to the corporate governance chapter contained in the statutory annual report for 2011 and pointed out that there were no great differences between 2011 and 2010 in terms of the
application of the Dutch Corporate Governance Code (the &#147;Code&#148;). In 2010, ASML had included claw back and <I>ultimum remedium</I> provisions in its contracts with the members of the Board of Management and, in view of the external
developments in 2011, had also adjusted the change of control arrangement. Finally, the options which had been granted to two members of the Board of Management in 2000 had expired in 2012, and the loan linked to the option series had thus also
expired. This meant that only two items remained which were not entirely consistent with the Code, and these items had not changed since the introduction of the Code in 2004. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Finally, the Chairman reported that the Remuneration Report had again been positively received. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then gave those present an opportunity to ask questions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Van de Linden, representative of the Railways Pension Fund Foundation (<I>Stichting</I> <I>Spoorwegpensioenfonds</I>)<I>,</I> the Public Transport Pension Fund Foundation (<I>Stichting</I>
<I>Pensioenfonds Openbaar Vervoer</I>)<I></I> and Eumedion participant Menzis, complimented ASML on its results in 2011. He then went on to make a number of suggestions for adjustments to the remuneration policy, including suggestions with regard to
long-term remuneration in shares, sustainability as a component of variable remuneration, the employment contract of Board of Management members appointed before 2004 and an obligation on the part of Board of Management members to retain shares in
the Company&#146;s capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Westerburgen replied that the suggestions concerning long-term remuneration in shares and the employment
contract would be considered and that sustainability had formed part of variable remuneration since 2011. Mr Westerburgen finally indicated that, given the current rule that shares could not be sold for a period of five years, he was of the opinion,
based on the practice in the past years, that the last suggestion was well and truly met. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">As there were no further questions, the Chairman proposed that the proposal to adopt the annual accounts
should be put to the vote, and he gave the floor to Mr Van Olffen, who was in charge of the voting procedure. After the shareholders had voted, Mr Van Olffen announced the result of the vote as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283,404,208</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">336,943</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">110,160</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Consequently, the Chairman announced that the proposal as set out in item 3 of the agenda had been adopted. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then moved on to item 4 on the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>4. Discharge of the members of the Board of Management from liability for their responsibilities in the financial year 2011. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman informed the meeting that it was proposed to discharge the members of the Board of Management for the performance of their functions in the 2011 financial year, and gave the shareholders an
opportunity to ask questions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since there were no questions concerning this item, it was decided to proceed with the vote. The Chairman gave
the floor to Mr Van Olffen, who asked the shareholders to cast their votes. After the shareholders had voted, Mr Van Olffen announced the result of the vote as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">280,928,447</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,508,891</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">413,974</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Consequently, the Chairman announced that the proposal as set out in item 4 of the agenda had been adopted. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The meeting then moved on to item 5. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5.
Discharge of the members of the Supervisory Board from liability for their responsibilities in the financial year 2011. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman
explained that it was proposed in this item to discharge the members of the Supervisory Board from liability for their responsibilities in the financial year 2011. He did not give any further information and offered the shareholders the opportunity
to ask questions. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since there were no questions, the Chairman proposed that the proposal should be voted on. Mr Van Olffen asked the
shareholders to cast their votes; after this had happened, he announced the result of the vote as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">280,978,927</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,508,277</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">364,108</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that this item had been adopted with the required majority of votes and went on to deal with item 6 on
the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>6. Clarification of the reserves and dividend policy </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman referred to the explanatory notes to the agenda and to what had already been discussed under item 2. He again stressed that, although ASML intends to pay an annual dividend that would either
be stable or would grow, the amount of the dividend could vary </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
from year to year and that it might be the case that no dividend would be paid at all in any given year. It was also possible that ASML may amend its reserves and dividend policy in the future
and that this might affect dividend payments. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">After giving this information, the Chairman gave those present an opportunity to ask questions
concerning this item. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna, of VEB, enquired as to the correlation between the repurchase of shares and the level of the share price. Mr
Jorna also indicated that he preferred a dividend corresponding to a fixed percentage of profits. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink replied that ASML&#146;s
distribution policy, which was discussed each year by the Board of Management and the Supervisory Board, was comparable to that of other companies in the semiconductor industry with a similar risk profile, and involved a combination of a dividend
and the repurchase of shares. Moreover, Mr Wennink took the view, looking at the current share price, that the share buybacks executed by ASML added value indeed. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Given that there were no further questions, the Chairman moved on to item 7 on the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>7.
Proposal to adopt a dividend of EUR 0.46&nbsp;per ordinary share. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman put forward the proposal of the Board of Management to
adopt a dividend of EUR 0.46&nbsp;per ordinary share and, for the sake of completeness, informed the meeting that the Supervisory Board had approved this proposal. The Chairman referred to the previous discussion and asked whether any shareholders
wished to ask questions. Since no questions were forthcoming, the proposal was put to the vote by Mr Van Olffen. The result of the vote was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283,560,313</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">272,568</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">18,431</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman announced that item 7 had been adopted. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">He then moved on to item 8 on the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>8. Approval of the number of performance shares for
the Board of Management </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman informed the meeting that this item concerned the approval of the number of shares for the Board of
Management. The performance share arrangement for the Board of Management was described in the 2010 Remuneration Policy, which the AGM had approved in 2010 for 2010 and subsequent years. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">However, the AGM had to give its separate approval for the maximum number of shares that could be issued and also had to designate the Board of Management as the body authorized to issue the shares in
question. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then indicated that it was being proposed to set the number of conditional performance shares that could be granted to
the Members of the Board of Management at 350,000 for the period from the 2012 AGM up to the 2013 AGM. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">8 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then gave shareholders an opportunity to ask questions. Since no questions were forthcoming,
the proposal was put to the vote. Mr Van Olffen asked the shareholders to cast their votes; after they had done so, he announced the result of the vote as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">282,827,962</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">825,320</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">198,030</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that, in view of this result, the proposal as set out under item 8 had been adopted. The Chairman then
moved on to item 9 on the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>9. Approval of the number of stock options, respectively shares, for employees. </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman explained that it was being proposed to set the number of stock options and/or shares for ASML employees (other than members of the Board of
Management) for the period from the 2012 AGM up to the 2013 AGM at 1,150,000. For more information about the employee equity plans under which these options or shares can be granted, the Chairman referred to the explanatory notes to the agenda.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then indicated that, together with the maximum number of shares for the Board of Management (350,000)&nbsp;as approved by the
Meeting under item 8, the total number of stock options or shares to be granted would be 1,500,000, which corresponded to approximately 0.4% of the share capital currently issued. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Together with the options to be exercised and shares granted in previous years, this amounted to a total dilution of approximately 1.2% </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Since there were no questions or comments concerning this item, the Chairman gave the floor to Mr Van Olffen in order to put the proposal to the vote. The result of the vote was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">282.988,895</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">825,771</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">36,646</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal had been adopted and then went on to deal with item 10 on the agenda. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>10. Composition of the Board of Management </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman explained that item 10, the composition of the Board of Management, concerned the notification of the AGM of the extended appointment term of Mr Eric Meurice as President, Chief Executive
Officer (CEO) and Chairman of the Board of Management of ASML. Under Dutch law and the Articles of Association, the Supervisory Board was required to inform the AGM of any extension to the appointment term of Board of Management members of the
Company. However, the appointment itself was made by the Supervisory Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Supervisory Board notified the AGM that it intended to
reappoint Mr Meurice for a period of two years. Pursuant to ASML&#146;s Articles of Association, this period would commence as of the date of the 2012 AGM and expire at the 2014 AGM. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman then referred to the appointment of Mr Meurice in 2004 and the extension of his appointment term in 2008 and indicated that it had now been mutually agreed to extend Mr Meurice&#146;s
appointment term for a further two years in order to create flexibility for both parties. But, as previously indicated, it would remain possible to extend the appointment term again per the 2014 AGM. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The reasons for extending Mr Meurice&#146;s appointment term related to ASML&#146;s good financial, operational and technical performance in recent
years. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">9 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The main elements of his contract, including the remuneration package, were published in the explanatory
notes to the agenda for this meeting, which were available on ASML&#146;s website. The contract itself was, to the extent required, compliant with the Corporate Governance Code. The remuneration package, including the share arrangements and
performance criteria, was consistent with the 2010 remuneration policy. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Works Council had been provided with an opportunity to give its
opinion on the extension of Mr Meurice&#146;s appointment term in advance and was in favour. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">After this explanation, the Chairman gave
shareholders an opportunity to ask questions concerning this item. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna, VEB, asked what the Supervisory Board&#146;s arguments for
extending the term by two years. Mr Jorna also wanted to know why a 4% increase in base salary had been decided on. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman explained
that, since there had been no change to the remuneration policy in 2012, it had been decided to increase the salaries of members of the Board of Management in line with the salary increase granted to ASML employees. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">As for the question on the appointment term, the Chairman answered that both parties took the view that a total period of 10 years was the best option
for both ASML and Mr Meurice. As previously indicated, there was a possibility that his term could be extended further per the 2014 AGM. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since no further questions were forthcoming, the Chairman confirmed on behalf of the Supervisory Board that the appointment term of Mr Meurice would be
formally extended for a period of two years from 25&nbsp;April 2012. He then went on to deal with item 11 on the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>11. Composition
of the Supervisory Board. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman informed shareholders that, as announced in 2011, Messrs Bilous and Fr&ouml;hlich and the Chairman
were retiring by rotation and that each were available for reappointment as of this AGM. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then indicated that Works Council had
been given an opportunity to give its opinion on the proposed reappointments in advance and was in favour. Shareholders and the Works Council had not made use of their right to make recommendations for filling these vacancies. The Supervisory Board
was therefore nominating forward Messrs Bilous and Fr&ouml;hlich and the Chairman for reappointment. For more information on the nominations, the reasons for them and the candidates in question, the Chairman referred to the explanatory notes to the
agenda. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then noted that there were no questions concerning item 11 and therefore put the proposals to the vote. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>11a Proposal to reappoint Mr O. Bilous as member of the Supervisory Board for a period of two years, in line with the profile put forward by the
Supervisory Board. </U></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave the notary the floor for a vote on item 11a on the agenda. Mr Van Olffen asked the
shareholders to cast their votes. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">281,414,300</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,951,038</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">485,913</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal as set out in item 11a of the agenda had been adopted. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>11b Proposal to reappoint F.W. Fr&ouml;hlich as member of the Supervisory Board for a period of two years, in line with the profile put forward by the
Supervisory Board. </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Olffen asked the shareholders to vote on point 11b. The result of the vote was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">281,418,014</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,938,647</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">494,590</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 11b of the agenda had been adopted. Since the next item concerned his own
reappointment, the Chairman gave the floor to Mr Fr&ouml;hlich, Vice-Chairman of the Supervisory Board. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>11c. Proposal to reappoint Mr
A.P.M. van der Poel as member of the Supervisory Board for a third and final term. </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Vice-Chairman asked Mr Van Olffen to proceed with
the vote. Mr Olffen asked the shareholders to vote on point 11c. The result of the vote was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283,248,531</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">480,561</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">122,168</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Vice-Chairman noted that the proposal under item 11c of the agenda had been adopted. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">He then moved on to item 12 on the agenda. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>12. Composition of the Supervisory Board in 2013. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman pointed out that this item concerned the notification of the vacancies that would arise on the Supervisory Board in 2013. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">In 2013, Ms Van den Burg, Ms Van der Meer Mohr and Messrs Westerburgen, Siegle and Ziebart would retire by rotation. Mr Westerburgen had indicated that he would not be available for reappointment; the
other members were in principle available for reappointment. The General Meeting of Shareholders and the Works Council were entitled to make recommendations for filling these vacancies. The Works Council had an enhanced right to make recommendations
for the vacancies which would arise as a result of the retirements by rotation of Ms Van den Burg and Ms Van der Meer Mohr. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">After the
Chairman had noted that there were no questions concerning this item, he went on to deal with item 13 on the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>13. Proposal to
reappoint the External Auditor for the reporting year 2013. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave the floor to Mr Fr&ouml;hlich, Chairman of the Audit
Committee. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">11 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Fr&ouml;hlich reported that Deloitte Accountants B.V. had been appointed External Auditor of ASML in 1995
for an indefinite period. In view of the external developments relating to the profession of accountant and of the current governance requirements, it had been decided to change the current unlimited appointment term of the External Auditor into an
annual (re)appointment for the subsequent year, to be approved by the AGM. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Fr&ouml;hlich went on to say that, as indicated in the
explanatory notes to the agenda, the Audit Committee had at the end of 2011 conducted an extensive assessment with respect to the performance of the External Auditor and that the result of the assessment was positive with some minor points of
attention. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Fr&ouml;hlich then announced that the Supervisory Board, following the recommendation of the Audit Committee, was therefore
proposing that Deloitte Accountants B.V. be reappointed as ASML&#146;s External Auditor for the 2013 reporting year. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Fr&ouml;hlich noted
that no questions were forthcoming and asked Mr Van Olffen to put the proposal to the vote. The result of the vote was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">280,451,596</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3,383,117</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">16,538</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal as set out in item 13 of the agenda had been adopted and went on to deal with item
14. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>14. Proposals to authorize the Board of Management to issue shares or rights to subscribe for shares in the capital of the Company
within the limits set forth in the Articles of Association of the Company, as well as to restrict or exclude the preemption rights accruing to shareholders </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">By way of introduction to item 14, the Chairman indicated that the Board of Management considered it to be in the Company&#146;s and the shareholders&#146; interests to be able to react quickly when
certain opportunities arise requiring the issue of shares. In situations in which it was imperative to act quickly, the Board of Management also considered it desirable to exclude the pre-emption rights in order to preserve the ability to act
quickly and avoid disruptive market speculation which might arise if an extraordinary shareholders&#146; meeting had to be convened. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The
Chairman referred to the explanatory note to the agenda for more background information concerning this item. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>14a Proposal to authorize
the Board of Management for a period of 18 months from April&nbsp;25, 2012, to issue shares or rights to subscribe for shares in the capital of the Company, subject to approval of the Supervisory Board, as indicated in the agenda and the explanatory
notes, limited to 5% of the issued share capital at the time of the authorization. </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask
questions. Since no questions were asked, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283,663,220</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">150,653</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">37,386</FONT></P></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 14a had been adopted and then went on to deal with item 14b on the
agenda. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">12 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>14b Proposal to authorize the Board of Management for a period of 18 months from April&nbsp;25, 2012 to
restrict or exclude the pre-emption rights accruing to shareholders in connection with the issue of shares or rights to subscribe for shares as described under a., subject to approval of the Supervisory Board. </U></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since no questions were forthcoming, Mr Van Olffen put the proposal to the vote. The result was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">282,968,892</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">830,593</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">51,766</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal had been approved and went on to deal with item 14c. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>14c Proposal to authorize the Board of Management for a period of 18 months from April&nbsp;25, 2012, to issue shares or rights to subscribe for
shares in the capital of the Company, subject to approval of the Supervisory Board, for an additional 5% of the issued share capital at the time of the authorization, which 5%, as indicated in the agenda and explanatory notes, can only be used in
connection with or on the occasion of mergers, acquisitions and/or (strategic) alliances. </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since there were no questions, the Chairman
gave Mr Van Olffen the floor for the vote on this proposal. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283.717.516</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">91.768</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">41.967</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In view of this result, the Chairman noted that the proposal under item 14c had been approved. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>14d Proposal to authorize the Board of Management for a period of 18 months from April&nbsp;25, 2012, to restrict or exclude the pre-emption rights
accruing to shareholders in connection with the issue of shares or rights to subscribe for shares as described under c., subject to approval of the Supervisory Board. </U></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman asked Mr Van Olffen to put the proposal to the vote as no questions had been asked. The result of the vote was: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">240,200,305</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">43,599,177</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">51,769</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman accordingly announced that the proposal as set out in item 14d of the agenda had been adopted. </FONT></P>
<P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><I><U>Introduction to items 15 and 16 of the agenda</U> </I></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">By way of introduction to items 15 and 16, the Chairman indicated that these items related to proposals for repurchases and cancellations of shares, as had also been submitted to previous AGMs for
approval. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman also explained that ASML wanted to have maximum flexibility in providing a return on capital to its shareholders. To
enable such optimum flexibility, the AGM was being asked to mandate further share repurchases and to further authorize cancellation of shares if the Company were to decide to implement further share repurchase programmes. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Implementation of share repurchase programmes was dependent on various factors, and there was no certainty
as to further a return on capital, nor as to the timing, execution or method of a possible further return on capital. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Finally, the Chairman
referred to the information concerning the current share repurchase programme contained under item 2 of the agenda. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>15. Authorisation to
purchase own shares </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman explained that the authorisation to purchase own shares as requested in items 15a and 15b of the agenda
would, in combination with the proposal under item 16, enable the Company to repurchase a maximum of 2 x 10% of issued shares and to cancel a maximum of 2 x 10% of issued shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>15a. Proposal to authorize the Board of Management for a period of 18 months from April&nbsp;25, 2012 to acquire - subject to the approval of the Supervisory Board - ordinary shares in the
Company&#146;s share capital up to 10% of the issued share capital at the date of authorization (April 25, 2012), for valuable consideration, on Euronext Amsterdam by NYSE Euronext (&#147;Euronext Amsterdam&#148;) or the Nasdaq Stock Market LLC
(&#147;Nasdaq&#148;), or otherwise, at a price between, on the one hand, an amount equal to the nominal value of the shares and, on the other hand, an amount equal to 110% of the market price of these shares on Euronext Amsterdam or Nasdaq; the
market price being the average of the highest price on each of the five days of trading prior to the date of acquisition, as shown in the Official Price List of Euronext Amsterdam or as reported on Nasdaq. </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman referred to the text of the proposal as contained in the agenda and gave the shareholders an opportunity to ask questions. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since no questions were asked, the Chairman gave the floor to Mr Van Olffen, who asked the shareholders to cast their votes. The result of the vote was
as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">282,803,410</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,019,539</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">28,311</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">In view of this result, the Chairman noted that the item had been adopted and went on to deal with item 15b. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>15b. Proposal to authorize the Board of Management for a period of 18 months from April&nbsp;25, 2012 to acquire - subject to the approval of the
Supervisory Board - additional ordinary shares in the Company&#146;s share capital up to 10% of the issued share capital at the date of authorization (April 25, 2012), for valuable consideration, on Euronext Amsterdam or Nasdaq, or otherwise, at a
price between, on the one hand, an amount equal to the nominal value of the shares and, on the other hand, an amount equal to 110% of the market price of these shares on Euronext Amsterdam or Nasdaq; the market price being the average of the highest
price on each of the five days of trading prior to the date of acquisition, as shown in the Official Price List of Euronext Amsterdam or as reported on Nasdaq. </B></FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Conditions to the additional authorization are that: </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(i) all shares acquired by the
Company following the authorization under 15a. and not being held as treasury shares for the purpose of covering outstanding employee stock and stock option plans, have been cancelled or will be cancelled, pursuant to item 16; and </B></FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>(ii) the number of ordinary shares which the Company may at any time hold in its own capital will not exceed 10%. </B></FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman referred to the text of the proposal as contained in the agenda and explained that the reason
for asking for this additional authorisation was to obtain additional flexibility in providing a return on capital to shareholders. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since no
questions were forthcoming, the proposal was then put to the vote. The result of the vote was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">280,416,851</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3,403,016</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">31,392</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the item had been adopted with the required majority of votes and then went on to deal with item
16. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>16. Proposal to cancel ordinary shares </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman again referred to the text of the proposal as contained in the agenda and the explanatory notes thereto and gave the shareholders an opportunity to ask questions. As no questions were asked,
the Chairman asked Mr Van Olffen to put the proposal to the vote. Mr Van Olffen announced that the result of the vote was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:38pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstentions</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">281.991.352</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1.831.570</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">28.338</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the item had been adopted with the required majority of votes and then went on to deal with item
17. </FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>17. Any other business </B></FONT></P>
<P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave those present the opportunity to ask questions about matters which had not been dealt with at the meeting. No questions were asked.
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>18. Closing. </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman
closed the meeting and thanked those who had been present for attending. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Safe Harbor&#148; Statement under the US Private Securities
Litigation Reform Act of 1995: the matters discussed in this document may include forward-looking statements, including statements made about our outlook, statements about our co-investment program including potential funding commitments in
connection with that program and statements about our buy-back program. These forward looking statements are subject to risks and uncertainties including, but not limited to: economic conditions, product demand and semiconductor equipment industry
capacity, worldwide demand and manufacturing capacity utilization for semiconductors (the principal product of our customer base), including the impact of general economic conditions on consumer confidence and demand for our customers&#146;
products, competitive products and pricing, the impact of manufacturing efficiencies and capacity constraints, the continuing success of technology advances and the related pace of new product development and customer acceptance of new products, our
ability to enforce patents and protect intellectual property rights, the risk of intellectual property litigation, availability of raw materials and critical manufacturing equipment, trade environment, changes in exchange rates, available cash,
distributable reserves for dividend payments and share repurchases, risks associated with our co-investment program, including whether the </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">15 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
450mm and EUV research and development programs will be successful and ASML&#146;s ability to hire additional workers as part of the 450mm and EUV development programs, our ability to
successfully complete acquisitions, including the Cymer transaction or the expected benefits of the Cymer transaction and other risks indicated in the risk factors included in ASML&#146;s Annual Report on Form 20-F and other filings with the US
Securities and Exchange Commission. The foregoing risk list of factors is not exhaustive. You should consider carefully the foregoing factors and the other risks and uncertainties that affect the business of ASML described in the risk factors
included in ASML&#146;s Annual Report on Form 20-F and other documents filed by ASML from time to time with the SEC. ASML disclaims any obligation to update the forward-looking statements contained herein. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">16 </FONT></P>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.4
<SEQUENCE>5
<FILENAME>d451612dex994.htm
<DESCRIPTION>EXHIBIT 99.4
<TEXT>
<HTML><HEAD>
<TITLE>Exhibit 99.4</TITLE>
</HEAD>
 <BODY BGCOLOR="WHITE">
 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Exhibit 99.4 </B></FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>DRAFT </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>Minutes of the </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Extraordinary General Meeting of Shareholders
</B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>of ASML Holding N.V. </B></FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT
STYLE="font-family:Times New Roman" SIZE="2"><B>held on 7&nbsp;September 2012 </B></FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Chairman: A.P.M. van der Poel (the &#147;Chairman&#148;)
</FONT></P> <P STYLE="margin-top:18px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>General remarks </B></FONT></P> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">These
minutes of the Extraordinary General Meeting of Shareholders of ASML Holding N.V. (&#147;ASML&#148; or &#147;the Company&#148;), held on 7&nbsp;September 2012, are intended purely for information purposes and are not intended to be complete. They
contain a report of the Extraordinary General Meeting of Shareholders of 7&nbsp;September 2012 and do not deal with events after 7&nbsp;September 2012. ASML does not give any guarantee as to the completeness or accuracy of the information contained
in these minutes and undertakes no obligation whatsoever to update or correct the information contained herein. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>1.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Opening </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman opened the
Extraordinary Meeting of Shareholders of ASML and welcomed all those present. Messrs Meurice, Wennink and Schneider-Maunoury were present on behalf of the Board of Management. Messrs Van den Brink and Van Hout were absent due to other commitments.
Ms Van den Burg, Ms Van der Meer Mohr and Messrs Westerburgen, Fr&ouml;hlich and the Chairman were present on behalf of the Supervisory Board. Mr Ziebart attended the meeting by telephone. Messrs Bilous and Siegle were unable to attend. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Van Olffen, Notary at De Brauw Blackstone Westbroek, acted as Secretary of the meeting. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman then dealt with the items on the agenda of the meeting. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>2.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Explanation of the customer co-investment program entered into and/or to be entered into by and between the Company and certain of its customers, as announced by the
Company on 9&nbsp;July 2012 (the &#147;Customer Co-investment Program&#148;). </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave the floor to Mr Wennink so
that Mr Wennink could give an explanation of the Customer Co-investment Program. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink indicated that customers of ASML had asked for
EUV production to be sped up and for the development of a subsequent EUV generation to be launched more quickly. Customers of ASML had also expressed their preference for using 450mm wafers instead of 300mm wafers, which transition would involve
considerable development costs. ASML took the view that these development costs could not be borne unilaterally by its shareholders and had therefore agreed with the customers that the latter should assume
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
a portion of the costs themselves and that funding customers then could become shareholders of ASML. It was not an aim in itself that the customers should become shareholders; it was ultimately
about ensuring, in an industry which is driven by continuous innovation, that the risks associated with innovation should be borne by all participants in the chain. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">ASML has so far agreed with three customers, Intel, TSMC and Samsung, that they will take a minority interest in ASML, up till now a total of 23% of ASML&#146;s outstanding share capital. In addition, the
three customers agreed to jointly fund almost &#128;&nbsp;1.4 billion of the development costs for the next-generation lithography over a period of five years. The proceeds from issuing the shares will in its entirety be returned to ASML&#146;s
existing shareholders (i.e. not to the customers taking part in the co-investment program). </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">ASML and its shareholders would benefit from the
Customer Co-Investment Program. Expectations are that through the Program, both future EUV development and the development of 450mm will be accelerated. The existing shareholders would be compensated by means of a synthetic buyback for the dilution
caused by the share issue to its customers. A reverse stock split will ensure that the total number of issued shares after the issue of the shares to the participating customers will be approximately the same as the number of issued shares prior to
the issue. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The participating customers are not allowed to sell their shares during the first 2.5 years, with some limited exceptions. After
2.5 years, the shares can be traded, subject to certain restrictions. Furthermore, the shares will be issued to trust office foundations in order to ensure that the &#150; limited &#150; voting rights attached to the shares will be exercised
correctly. The advantage for the participating customers is the reduction of risks with respect to the technological execution; closer cooperation with ASML and earlier access to the technology. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">For ASML, efficiency of the Customer Co-Investment Program is important. ASML obtained a long-term commitment from its customers to contribute to
development expenditures. Almost &#128;&nbsp;1.4 billion over five years means almost &#128;&nbsp;300 million a year. This was almost 50% more than what ASML currently spent annually on R&amp;D. As far as the development of 450mm is concerned, ASML
will need to develop a whole series of new machines, not only for EUV technology. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink then summarized the five stages of the synthetic
buyback. His explanation was based on the assumption that the customers would take a 23% share in ASML&#146;s capital. One of the aims of the synthetic buyback is to limit the impact on the number of issued shares as a result of the Customer
Co-Investment Program. Mr Wennink provided a brief outline of the timetable for the synthetic buyback. In view of the creditor opposition period of two months, the ex-entitlement date is currently scheduled for 26&nbsp;November 2012, the record date
for 28&nbsp;November 2012, and the payment date on which payment would take place for 3&nbsp;December 2012. These dates were indicative; the precise dates would be announced later. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman then continued by giving the shareholders present an opportunity to ask questions on the subjects presented. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna, Representative of the Dutch Shareholders&#146; Association [<I>Vereniging van
Effectenbezitters</I> &#150; VEB], representing 47 shareholders, complimented the Board of Management on the announced transaction. Mr Jorna asked whether this transaction had been agreed in advance with the large shareholders. He then wanted to
know whether there were any customers who would take up the remaining 2% in the program. He also asked why Samsung, given its R&amp;D investment, had only taken a share interest of 3%. He was also curious with respect to the reaction of ASML&#146;s
other customers, not participating in the program. Mr Jorna then went on to ask how large the credits which the participating customers could obtain in connection with advance purchases were and whether these credits were also available to other
customers. Finally, Mr Jorna wondered what the position of the anti-trust authorities was in connection with this transaction. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice
indicated that, although it is possible to issue up to 25% of the invested capital in shares, the desired R&amp;D budget was already achieved with 23% after the participation of Intel, TSMC and Samsung. ASML would shortly examine whether the
remaining 2% should still be issued. The technology developed under the Program will not only be available to the participating customers, but to all customers, under the same terms. Therefore, the entire industry benefits from the Program.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink replied that this transaction was not discussed with ASML&#146;s large shareholders. ASML has shareholders worldwide, and a
particularly large number in the United States. In the United States, it is very unusual to share this sort of information with shareholders. The Board of Management is not only accountable to its shareholders but to all stakeholders involved in the
company. With regard to the anti-trust authorities, the Chairman indicated that ASML has done the necessary filings. Mr Wennink finally made it clear that credits were granted on the basis of the volumes bought. Participation in the Co-Investment
Program was irrelevant in this context. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman observed that the questions asked by Mr Jorna had been answered and gave the floor to Mr
Stevense. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Stevense spoke on behalf of the Investors&#146; Legal Protection Foundation [<I>Stichting Rechtsbescherming Beleggers</I>], and
he wondered when the idea of having customers invest in ASML&#146;s share capital had arisen. Nothing had been said about this at the AGM. Mr Stevense then asked questions on the European anti-trust authority reaction to this transaction. He also
asked for a further explanation concerning the M shares which the participating customers would acquire. Did these involve temporary certification? How would this affect the agreements with the participating customers after conversion of the M
shares into ordinary shares? Mr Stevense then asked what impact the transaction would have on the Company&#146;s share premium reserve. Finally, he wondered whether an accelerated introduction of new machines might not lead to lower demand for the
machines which are already produced. Customers might wait for the new-generation technology. Is the Board of Management perhaps considering bringing those customers on board with the last 2% of the capital? </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink indicated that the first contacts with customers on this matter had taken place in the course of 2011. It took a considerable amount of time
before the entire transaction had been thought-through. In particular, the tax-friendly repayment of capital to existing </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
ASML shareholders had been an important point. Sometime after the AGM, the synthetic buyback had arisen as a possible option, and negotiations then accelerated. At the time of the AGM, there had
been nothing to report on this matter in concrete terms as nothing had in fact been finalized. Mr Wennink then continued by explaining that the M shares would only exist for a very short period. The M shares would be created solely to exclude the
participating customers from the synthetic buyback. The Board of Management and the Supervisory Board would pursue the Company&#146;s strategy independently and, in so doing, keep an eye on the interests of the Company and all of its stakeholders.
With regard to the question concerning the anti-trust authority, Mr Wennink indicated that the Program did not restrict the ability to compete by the players in the chain, and that it was expected that the end- consumer would benefit from the
program. Finally, Mr Wennink pointed out that the changes to the share premium reserve would only be temporary because the money that would come in from the participating customers would be distributed directly to the existing shareholders.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice indicated that he did not expect customers to wait for new-generation machines. The semiconductor business is an industrial
business and does not concern luxury goods. Customers will always need the machines that enable them to follow market developments. Customers will continuously renew their machines. They cannot afford to wait for new-generation technology.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Stevense asked whether the remaining customers intended to take the remaining 2% of capital. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink replied that the issue of shares was not a priority for ASML. The program is about the funding of research and development costs. This has
been achieved. There is no need for new customers to be involved. The Board of Management will shortly discuss whether the remaining 2% should possibly be issued. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman pointed out that no complaints had been received from other customers. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink
stressed that a heavy obligation exists for the participating customers. Alongside the &#128;&nbsp;39.91 payable per share, an additional &#128;&nbsp;13.30 will be paid for the funding of R&amp;D. All in all, the price to be paid per share will
actually be above &#128;&nbsp;50. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman observed that the questions asked by Mr Stevense had been answered and gave the floor to Mr
Geerts. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Geerts wondered to what extent ASML considers Mapper Lithography as a potential competitor in view of TSMC&#146;s recent
investment in that company. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice answered that it is normal in the industry to invest in the development of new technologies.
Technology is not yet far enough developed to be integrated into ASML&#146;s machines. ASML does not see Mapper as a competitor but as a possible supplier if Mapper will be successful with its technology. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink also pointed out that Mapper technology is still not suited to volume-production but that
TSMC might want to use the technology simply to test chips. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then gave the floor to Mr Van der Linden, who indicated that he was
speaking and voting on behalf of the Railways Pension Fund Foundation [<I>Stichting Spoorwegpensioenfonds</I>] and the Public Transport Pension Fund Foundation [<I>Stichting Pensioenfonds Openbaar Vervoer</I>]. Mr Van den Linden was also speaking on
behalf of Robeco and the Graphic Trades Pension Fund Foundation [<I>Stichting Pensioenfonds Grafische Bedrijven</I>], both affiliated to Eumedion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Van der Linden asked whether the trust offices will be allowed to loan the shares. He also wondered whether, in case of regular share purchase programs, share repurchases would also be made by the
participating customers, on a proportional basis. Finally, he asked who would be bearing the costs of maintaining the trust offices. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px;padding-bottom:0px; "><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink replied that the costs of maintaining the trustee offices were being borne by the participating customers. Mr.&nbsp;Wennink indicated that he expected that the repurchases would be made
proportionally</FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP></FONT><FONT STYLE="font-family:Times New Roman" SIZE="2">. Finally, he indicated that the shares
could not be loaned. This was confirmed by Mr van Olffen. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna asked why Samsung agreed to make an R&amp;D investment equal to that of
TSMC, but was acquiring fewer shares. Mr Jorna also wanted to know whether ASML would not be running considerable risks by agreeing with Intel that, in the event certain deadlines would not be met, an adjustment would be made to the purchase price
of the advance purchases. Mr Jorna also asked how ASML would allocate its own budget between EUV and 450mm. He had noted that the customers had different interests in this respect. Mr Jorna also wanted to know whether the management of the trust
offices would vote in situations in which the customers could not. Finally, Mr Jorna indicated that he considered it a pity that the share purchase program had been discontinued. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman pointed out that the share price had risen sharply after the transaction had been announced. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink then indicated that the voting rights of the trust offices coincided with those of the customers. On the matter of the purchase program, Mr Wennink pointed out that this had been suspended for
legal reasons and that this had nothing to do with ASML&#146;s willingness to buy shares. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice pointed out that Samsung was more
interested in the R&amp;D investment than in the investment in ASML&#146;s share capital. Samsung also wanted to have money available for direct investment in R&amp;D. Mr Meurice also stressed that ASML always runs the risk that the production of
machines would in some way fall short. This also had nothing to do </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<P STYLE="line-height:8px;margin-top:0px;margin-bottom:2px;border-bottom:0.5pt solid #000000;width:10%">&nbsp;</P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="4%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"></FONT><FONT STYLE="font-family:Times New Roman" SIZE="1"><SUP STYLE="vertical-align:baseline; position:relative; bottom:.8ex">1</SUP>&nbsp;</FONT><FONT
STYLE="font-family:Times New Roman" SIZE="2"></FONT></TD>
<TD ALIGN="left" VALIGN="top"> <P ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">The final arrangement is such that, in case customers own shares in excess of the agreed maximum amount of shares at any time during the lock up period
as a result of actions by the Company, the customers will have to dispose the number of shares they hold in excess of the agreed maximum amount within one year. </FONT></P></TD></TR></TABLE>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P> <P STYLE="margin-top:12px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">5 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
with the Co - Investment Program. Finally, Mr Meurice stated that all participating customers recognized the importance of both EUV and 450mm development. ASML is of the opinion that it will be
able to fund both developments at the same time. One does not take priority over the other. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman pointed out that the extra funding
means that the development of both can be launched in full. The challenge now facing ASML is to find the right people to steer both programs in the right direction. There is considerable confidence that they will both be able to run in parallel.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink noted with regard to the penalty clause in the contract with Intel that it only referred to the first six 450mm systems. The risks
are thus limited, and ASML also considered that the development of 450mm basically involved less risk than EUV. Nevertheless, it remains a considerable job. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Stevense wondered how ASML will attract resources with the appropriate skills to steer both projects in the right direction. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink replied that this would partly be a question of hiring people, but also asking business partners to assist in a number of projects. This will extend beyond the Dutch market alone. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Stevense noted that this will involve combining ASML&#146;s staff with that of its partners. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink confirmed this and indicated that a number of levels were involved. ASML can recruit people itself, and flexible engineers can also be hired from recruitment agencies. Design houses, companies
commissioned to produce a specific part of a machine, are another possibility. Also at suppliers, extra employment will be created by this program. In total, there will likely be between 1,200 and 1,500 extra jobs, fortunately not all directly with
ASML itself. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Stevense asked whether ASML expected that the parties would be able to meet this demand at the various levels. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink replied that the smart region image was attractive to engineers, particularly from Southern and Eastern Europe. Even though it will likely be
a big job, Mr Wennink said to expect that ASML will be able to implement the program together with its partners and suppliers. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Troost
wondered what consequence the investment will have for the factories. Larger wafers will lead to larger machines; more space will therefore be needed, not only within ASML but also its suppliers. Mr Troost also felt that the development of 450mm
would not be easier than the development of EUV, particularly because of the hefty programs which run to keep the process dust-free. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">6 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman agreed that the development of 450mm will indeed be an enormous job. Compared to the
development of EUV, however, fewer basic breakthroughs will be necessary for 450mm. But there is absolutely no question of underestimating the 450mm project. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">Mr Meurice confirmed that 450mm was a complex technology, but said that this actually applied to everything that ASML does. He did not expect that the development of 450mm would immediately require an
expansion of grounds and factories. EUV development did demand more space. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink confirmed this, but indicated that ASML was already
geared towards EUV machines for 450mm and therefore there would be no need for expansion. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Jorna wondered whether other companies might
follow the acceleration being launched by ASML. This is ultimately of great importance to the final consumer. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman replied that
lithography is the most critical aspect of the industry and that the rest of the industry is expected to follow. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr De Jongh had a question
concerning the tax treatment of shareholders in connection with the synthetic buyback in the United States. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink said that he would
discuss this specific point with Mr De Jongh after the meeting. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then gave the floor to Notary Van Olffen to determine whether
the formal requirements concerning the convening of the Extraordinary General Meeting of Shareholders had been met and to indicate the precise number of shareholders and those entitled to vote present at the meeting. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Van Olffen indicated that the total number of shares issued on the date of registration for this Extraordinary General Meeting of Shareholders was
419,852,514 shares. In view of the number of treasury shares (10,436,071), the total number of shares associated with a right to vote was 409,416,443 shares, corresponding to a total number of 409,416,443 voting rights. Mr Van Olffen then reported
that he had determined that 632 shareholders had been present or were represented at the beginning of the meeting. A total of 288,929,562 shares were represented, corresponding to a total capital of &#128;&nbsp;26,003,600.58, and giving rise to an
entitlement of 288,929,562 votes. Mr van Olffen added that this meant that 70.57% of the share capital was therefore present or represented. Consequently all the voting items on the agenda could be adopted with a simple majority of the votes cast.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Van Olffen also reported that, where necessary, those present had submitted their written proxies to the Company and that these had been
shown to the notary. Mr van Olffen also reported that the requirements of the law and the Articles of Association concerning the convening, holding and attendance of the Extraordinary General Meeting
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">7 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">
of Shareholders had been met and that all documents had been placed for inspection in the places required by the law and the Articles of Association. The Meeting had therefore been legally
convened and was quorate to take decisions regarding the items on the agenda. Finally, Mr van Olffen reported that, in accordance with the notification of the Chairman and the Board of Management of ASML, no proposals had been received from
shareholders for other items to be placed on the agenda which met the criteria set out in the Articles of Association. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Van Olffen then
explained the voting procedure, and a test vote was held in order to test the voting system. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman then moved on to item 3 on the
agenda. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>3.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Authorization to issue shares and exclude pre-emption rights </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">By way of introduction to item 3 of the agenda, the Chairman indicated that the authorizations in question were linked to the equity issues to the participating customers. Intel would participate for 15%,
TSMC for 5% and Samsung for 3% of the share capital at the time of the AGM held on 25&nbsp;April 2012. With this, the Company had achieved its objective investment in R&amp;D and would shortly decide on the continuation of the program. The outcome
of this decision depended among other factors on the question as to whether shareholder approval would be given for the items on the agenda at this meeting. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman explained what item 3 of the agenda was about and referred for further details to the shareholders&#146; circular and the presentation just given by Mr Wennink. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Finally, the Chairman pointed out that the resolutions under agenda items 3 and 4 were closely related to each other and that all the relevant
resolutions would be adopted under the condition precedent that agenda item 4(e) would be adopted. In the event that any one of the Agenda Items under 3 or 4(a) through 4(d) was not adopted, Agenda Item&nbsp;4(e) would not be voted on </FONT></P>
<P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to authorize the Board of Management to issue shares or rights to subscribe for shares in the capital of the Company in connection with the
Customer Co-Investment Program, subject to Supervisory Board approval, up to 25% of the issued share capital of the Company at the Annual General Meeting of Shareholders held on 25&nbsp;April 2012, from 7&nbsp;September 2012 through 31&nbsp;July
2013.</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were asked, the item was put to
the vote by Mr Van Olffen. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">285,285,111</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,993,996</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">650,454</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 3(a) had been adopted and then went on to deal with agenda item 3(b).
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">8 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">3(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to authorize the Board of Management to restrict or exclude, subject to Supervisory Board approval, the pre-emption rights accruing to
shareholders in connection with the issue of shares or rights to subscribe for shares as described under (a)&nbsp;from 7&nbsp;September 2012 through 31&nbsp;July 2013.</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were asked, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283,597,117</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4,161,379</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,171,065</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 3(b) had been adopted and then went on to deal with item 4 on the agenda.
</FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">9 </FONT></P>


<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>4.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Amendment to the Articles of Association of the Company </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman indicated that the five amendments to the Articles of Association all related to the synthetic buyback. Because Mr Wennink had given an extensive explanation of the synthetic buyback in his
presentation, the Chairman gave only a limited description of the various amendments proposed. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to amend the Articles of Association of the Company in accordance with the draft deed of amendment to the Articles of Association (Part I) to
create a specific share class (ordinary shares M) for the participants to the Customer Co-Investment Program. Upon the first amendment of the Articles of Association of the Company, the ordinary shares to be held for the benefit of the participants
to the Customer Co-Investment Program will be converted into ordinary shares M and all other ordinary shares will be converted into ordinary shares A.</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">282,555,473</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">4,940,404</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,433,684</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 4(a) had been adopted and then went on to deal with item 4(b) on the
agenda. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to amend the Articles of Association of the Company in accordance with the draft deed of amendment to the Articles of Association (Part II) to
increase the par value per ordinary share A by an amount to be determined by the Board of Management of at least &#128;&nbsp;5.97 per share and at most &#128;&nbsp;12 per share at the expense of the share premium reserve.</U>
</FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was put to the
vote by Mr Van Olffen. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">285,981,595</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,368,585</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,579,381</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 4(b) had been adopted and then went on to deal with item 4(c) on the
agenda. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">10 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to reduce the issued capital by an amount at least equal to the aggregate amount to be paid by the participants to the Customer Co-Investment
Program for their shares, being an amount no less than &#128;&nbsp;2,513,447,071.07 and no more than &#128;&nbsp;5,000,000,000 by decreasing the nominal value of the ordinary shares A by an amount to be determined by the Board of Management of at
least &#128;&nbsp;5.99 per share and at most &#128;&nbsp;12 per share which will result in repayment of said amount determined by the Board of Management per share to holders of ordinary shares A or to the holders of ordinary shares into which the
ordinary shares A will be converted pursuant to proposal (e)&nbsp;below and to amend the Articles of Association of the Company in accordance with the draft deed of amendment to the Articles of Association (Part III).</U> </FONT></TD></TR></TABLE>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was put to the vote by Mr Van Olffen. The
result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">285,786,860</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">2,583,517</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,577,184</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 4(c) had been adopted and then went on to deal with item 4(d) on the
agenda. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to amend the Articles of Association of the Company in accordance with the draft deed of amendment to the Articles of Association (Part IV) to
consolidate the ordinary shares A at an exchange ratio to be determined by the Board of Management. The exchange ratio will depend on the percentage of new shares to be issued to the participants to the Customer Co-Investment Program. The
consolidation of the ordinary shares A may entail an increase of the nominal value of the ordinary shares A by a maximum of &#128;&nbsp;0.03 per share, to be determined by the Board of Management, which increase will be paid from the share premium
reserve.</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was
put to the vote by Mr Van Olffen. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">285,759,255</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,592,712</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,577,594</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 4(d) had been adopted and then went on to deal with agenda item 4(e).
</FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">4(e)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to amend the Articles of Association in accordance with the Draft deed of amendment to the Articles of Association (Part V) to delete the share
class M for participants to the Customer Co-Investment Program and share class A for the other shareholders. The ordinary shares M and ordinary shares A shall be converted into ordinary shares without a specific letter mark attached to it.</U>
</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">11 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the
item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">286,142,895</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,353,968</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,432,698</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman recorded that the proposal under agenda item 4(e) had been adopted and that the condition precedent related
to Agenda items 3 through 4(d) had herewith been fulfilled and the related resolutions had been adopted. He then went on to deal with agenda item 5. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>5.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Authorization to execute the deeds of amendment </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that this was merely a technical authorization allowing the Board of Management to implement the proposed amendments to the Articles of Association. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders the opportunity to ask questions. Since no questions were forthcoming, the item was put to the vote by Mr Van Olffen. The
result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">286,165,249</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,337,269</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,427,043</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 5 had been adopted and then went on to deal with item 6 on the agenda.
</FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>6.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Additional authorization to issue shares and exclude pre-emption rights </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">By way of introduction to item 6, the Chairman indicated that the Board of Management considered it to be in the Company&#146;s and the shareholders&#146; interests to be able to react quickly when
certain opportunities arise requiring the issue of shares. In situations in which it is imperative to act quickly, the Board of Management also considered it desirable to exclude the pre-emption rights in order to avoid time-wasting and disruptive
market speculation which might arise if an extraordinary shareholders&#146; meeting had to be convened. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since the authorization granted under
agenda item 3 in combination with the authorization granted during the AGM on 25&nbsp;April 2012 might confuse as to the number of authorizations in place, the Board of Management believed it to be appropriate to present a clear picture on the
existing authorizations. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Provided that the authorizations requested under this agenda item 6 would be granted, the existing authorization
granted as per the AGM of 25&nbsp;April 2012 would cease to apply. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">12 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>

<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">6(a)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to authorize the Board of Management to issue shares or rights to subscribe for shares in the capital of the Company, subject to Supervisory
Board approval, limited to 5% of the issued share capital at 25&nbsp;April 2012 from 7&nbsp;September 2012 through 25&nbsp;October 2013. Provided that the General Meeting of Shareholders grants this new authorization, the corresponding authorization
granted at the AGM held on 25&nbsp;April 2012 will cease to apply to the extent not already used.</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave
shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P> <P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">284,147,210</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3,361,270</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,421,081</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 6(a) had been adopted and then went on to deal with item 6(b) on the
agenda. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">6(b)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to authorize the Board of Management to restrict or exclude the pre-emption rights accruing to shareholders in connection with the issue of
shares or rights to subscribe for shares as described under (a), subject to approval of the Supervisory Board, for a period from 7&nbsp;September 2012 through 25&nbsp;October 2013. Provided that the General Meeting of Shareholders grants this new
authorization, the corresponding authorization granted at the AGM held on 25&nbsp;April 2012 will cease to apply to the extent not already used. </U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">283,772,272</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3,834,147</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,323,142</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 6(b) had been adopted and then went on to deal with item 6(c) on the
agenda. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">6(c)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to authorize the Board of Management to issue shares or rights to subscribe for shares in the capital of the Company, subject to Supervisory
Board approval, limited to 5% of the issued share capital at 25&nbsp;April 2012, which 5% can only be used in connection with or on the occasion of mergers, acquisitions and/or (strategic) alliances, for a period from 7&nbsp;September 2012 through
25&nbsp;October 2013. Provided that the General Meeting of Shareholders grants this new authorization, the corresponding authorization granted at the AGM held on 25&nbsp;April 2012 will cease to apply to the extent not already used.</U>
</FONT></TD></TR></TABLE>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">13 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions and gave the floor to Mr Stevense.
</FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Stevense pointed out that the term &#147;mergers&#148; could be interpreted in various ways. Because many types of merger were
conceivable, Mr Stevense proposed that this term be replaced by a more specific term. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman thanked Mr Stevense for this suggestion
and indicated that &#147;merger&#148; was an overall term for mergers and takeovers and that the term was used in this way by many companies. Nevertheless, the choice of word would be examined more critically for the next meeting. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Since no further questions were forthcoming, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">284,056,569</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">3,451,830</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">1,421,162</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 6(c) had been adopted and then went on to deal with item 6(c) on the
agenda. </FONT></P> <P STYLE="font-size:6px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2">6(d)</FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><U>Proposal to resolve to authorize the Board of Management to restrict or exclude the pre-emption rights accruing to shareholders in connection with the issue of
shares or rights to subscribe for shares as described under (c), subject to approval of the Supervisory Board, for a period from 7&nbsp;September 2012 through 25&nbsp;October 2013. Provided that the General Meeting of Shareholders grants this new
authorization, the corresponding authorization granted at the AGM held on 25&nbsp;April 2012 will cease to apply to the extent not already used.</U> </FONT></TD></TR></TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT
STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave shareholders an opportunity to ask questions. Since no questions were forthcoming, the item was put to the vote by Mr Van Olffen. The result was as follows: </FONT></P>
<P STYLE="font-size:12px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" WIDTH="74%" BORDER="0" STYLE="BORDER-COLLAPSE:COLLAPSE" ALIGN="center">


<TR>
<TD WIDTH="34%"></TD>
<TD VALIGN="bottom"></TD>
<TD WIDTH="32%"></TD>
<TD VALIGN="bottom" WIDTH="1%"></TD>
<TD WIDTH="32%"></TD></TR>
<TR>
<TD VALIGN="bottom" NOWRAP ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:11pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">For</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:24pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Against</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"> <P STYLE="border-bottom:1px solid #000000;width:32pt" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="1">Abstained</FONT></P></TD></TR>


<TR BGCOLOR="#cceeff">
<TD VALIGN="top" ALIGN="center"> <P STYLE="margin-left:1.00em; text-indent:-1.00em" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">239,569,230</FONT></P></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">48,608,033</FONT></TD>
<TD VALIGN="bottom"><FONT SIZE="1">&nbsp;</FONT></TD>
<TD VALIGN="bottom" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">749,878</FONT></TD></TR>
</TABLE> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman noted that the proposal under item 6(d) had been adopted and then went on to deal with agenda item 7.
</FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>7.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Any other business </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman gave
those present the opportunity to ask questions about matters which had not been dealt with at the meeting. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">14 </FONT></P>



<p Style='page-break-before:always'>
<HR  SIZE="3" style="COLOR:#999999" WIDTH="100%" ALIGN="CENTER">

 <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="right">


<IMG SRC="g451612994.jpg" ALT="LOGO">
 </P> <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P>
 <P STYLE="margin-top:0px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Troost asked how companies such as Nikon and Canon had reacted to the deals. </FONT></P>
<P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">Mr Wennink indicated that no reactions had been received from them. </FONT></P> <P STYLE="font-size:18px;margin-top:0px;margin-bottom:0px">&nbsp;</P>
<TABLE STYLE="BORDER-COLLAPSE:COLLAPSE" BORDER="0" CELLPADDING="0" CELLSPACING="0" WIDTH="100%">
<TR>
<TD WIDTH="5%" VALIGN="top" ALIGN="left"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>8.</B></FONT></TD>
<TD ALIGN="left" VALIGN="top"><FONT STYLE="font-family:Times New Roman" SIZE="2"><B>Closing </B></FONT></TD></TR></TABLE> <P STYLE="margin-top:6px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">The Chairman closed the meeting
and thanked those who had been present for attending. </FONT></P> <P STYLE="margin-top:12px;margin-bottom:0px"><FONT STYLE="font-family:Times New Roman" SIZE="2">&#147;Safe Harbor&#148; Statement under the US Private Securities Litigation Reform Act
of 1995: the matters discussed in this document may include forward-looking statements, including statements made about development of EUV and 450mm technologies and timing for introduction of new systems and benefits of 450mm and EUV technology,
whether R&amp;D funding commitments by Intel and other customers in ASML will occur and the terms and conditions of any such funding commitments, purchases of 450mm and EUV tools by Intel and other customers and statements regarding our share
repurchase program. These forward looking statements are subject to risks and uncertainties including, whether the 450mm and EUV research and development programs will be successful, ASML&#146;s ability to hire additional workers as part of the
450mm and EUV programs, economic conditions, product demand and semiconductor equipment industry capacity, worldwide demand and manufacturing capacity utilization for semiconductors (the principal product of our customer base), including the impact
of general economic conditions on consumer confidence and demand for our customers&#146; products, competitive products and pricing, the impact of manufacturing efficiencies and capacity constraints, the continuing success of technology advances and
the related pace of new product development and customer acceptance of new products, our ability to enforce patents and protect intellectual property rights, the risk of intellectual property litigation, availability of raw materials and critical
manufacturing equipment, trade environment, changes in exchange rates, available cash, distributable reserves for dividend payments and share repurchases, our ability to successfully complete acquisitions, including the Cymer transaction or the
expected benefits of the Cymer transaction and other risks indicated in the risk factors included in ASML&#146;s Annual Report on Form 20-F and other filings with the US Securities and Exchange Commission. </FONT></P>
 <p STYLE="margin-top:0px;margin-bottom:0px"><FONT SIZE="1">&nbsp;</FONT></P> <P STYLE="margin-top:0px;margin-bottom:0px" ALIGN="center"><FONT STYLE="font-family:Times New Roman" SIZE="2">15 </FONT></P>


</BODY></HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>g451612001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g451612001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`-`"@`P$1``(1`0,1`?_$`*X```$#!`,!````````
M```````("0H!`@8'`P4+!`$``00#`0$```````````````,$!@<!`@4("1``
M``8!`P,"!0($!04``````0(#!`4&!P`1""$2"3$305%Q%`IA%8&Q(A:1H3(7
M&5)R(R1E$0`!`P,"`P4%!P$##0`````!`@,$`!$%(08Q$@=!46%Q$X$B,A0(
MD:&QP=%"(_!2DA7A\7*",T-S)+0U%A<W_]H`#`,!``(1`Q$`/P"?QHHJ@_#6
MI(%K\;Z>=%<"JR:6W>8"^H]P[;;%*)S#N(AL`%+N/R#KZ;Z34M"5@*!4\=``
M+G6LWL"321\'\XN.?(B]9#HN+KJ297Q_>I?&R%B>()1-4R5=:M'?N-\B,.3+
MYVE_NF3&X""$\YB$EVD>Y'VS*F$#=LBS>T\YMZ$Q.RZ.1IY`6`/]TDDA/K#]
MBE6/*#8FQTT--FY,>1HDW[!X^5*]3$!(`AZ#OM]-QV_RUP$+#B>=)N#V]_B/
M`]GA2X2E/NIX5?K>LT:**-%%&BBC111HHHT44:**-%%&BBC111HHHT44:**-
M%%4Z[_II(>KZIO;TNSOK.EO&K#B.W3;U#K\-M^NDW'N59!L`!H2+@'Q\^'F:
MR!4>#RY<KLR'L#_BU6J]E;&^)9![3J_9K5CMRC%YZYC6^[,$Y&,XJ<1_;55<
MUIJ]CA%2^Y`>)EC*O$>ZF`@N83!>O3#;.)2W_P"2//L.YA=U-(7JS##?Q/R#
MIS*T_A;!22I257LE5HYD<H^Q(,=('H$$'34W[OUL:9BCK`]Q_*LK-5WBT;8*
M/:H#"%5FN+[=NL:`FB/&;[_C2\6$<^;ODTI!5<@&S7FUPBO'N?\`V@,H83;:
MM]YAO)-N1<HUZD)]LO.MO7`0A5K97)$!//S<R?E80](J#C=W$\EA&DR$Q7N2
M.5%/#4W]@_7^C*TX`<RI/E;3+?&V:$C4LBX:DXRFY;L>/TI69P>ZR2]1>2$[
M1L69&DBMT,E.<9D!&+L$FQ(>--+E4^V5.D)=O-&]MK(VS-;,9?-CI*>9@*LE
MT,@`-O.M"_I"0+.MM$E325!M2E%!49OC77I#04Y:WYTX4`B([[AV[>GQW^N^
MH0.;U+$BP'#M\_+P^^GY!!\*NUO15!Z`(_IHHINSEMY4N$G!B^U_&_*++;S%
M]JM5;_NVNMW&.\BV"/FH`KQ:/</H^9K%9F(I<6+U'VW"7O`JB)BB8H`8!U.=
MI],M\;\C/RMIPUR66%!*RGE]U1M:]U)[QI]]<O)9>'BG&A+6$I<O^?V<*[KA
MYY-N%O/.Q72J\6LRM<ESV/8:+G[9'?VI<:LYCHF9?N(Y@](G;8*%%ZBH\:F3
M,*'N`D82@?83%W2W7TVWSLAEN1N>$N*PXKTPI5M7+<]M"?V`GCV<:U@9S'9-
MQ:(BKE/ZV_&EJVBU0-+A)6T6R>A:Q6()DO)S5AL#]K$0D1'-B@=P^DY1^L@R
M9-D"@/<=0Y2^GQ'4.;9D2W$Q("%.37"`D`$W-^%AK734\RPDKD'E0!>_A3$.
M4/R7O%QCBRN*Q$Y$R#E19@^582$SCC&L\^KJ2R"ZC=8S27FPA$)5L0Z0B"[0
M%D%"["0Y@ZZO+"?3AU2SL5J8U&9CM."]GEE)MWZ)5:_=K4:E;PPS"^5*BH=X
MI7'#;S(\">=UV;8OP%EI\]RHZB)&=)C>WTRT5&S&C(=$J\JX:'DH[]EDBL45
M`.H#=VH8I.HAT$`BN]ND>^-@H$K/1T''E7+ZS:^9LD]@)`-QP/NVOVT[A[@@
M9)26X*B7#WUL#EUY1^%G!6W5>D\I,KO,7SMV@7-EJA'%!OUACIR*9/",'ZC.
M7K-=EHTSE@Z4(5=`5052!0AC%[3E$>3M'IOO;>S+TK;L3YIAIPH(01=)`!UN
M1_6E.YN7@8U]+$U7*I7#SXUU/%#RR\$.;^2)/$O&3."&1+_$59W<WT"-+O5;
M.G6X]\QCGTBD[M->AF3KV'4DB44TE#J`!M]MM+[JZ8[YV3`;R&Y(#D>.XYR)
M4HBQ)O;0$\+=I%ZQ"R\&?)+#"KV%_P"C61\O/)QPVX(6"HUKE/E)YC&1OL6_
MF*>=6AWRPQLXRBG23.3!M+5FNR\>1XP773!5!10BQ2J%-V]IM])[0Z;[RWYZ
M@VG$5,6S\800"-.T$Z??2^3R,+%MI7)5RD^VL3XJ^73@)S6R@IAKC9G-'(.1
MDJS+7`U>&DWVMF&OP:[!M*/$WUGK<1'K&:J2:.Z2:IU!`PB!1`#;*[JZ8;[V
M5!.0W'CW8S`<#>I!]XZ@:7["/PIM#S,&>]Z$95UV_*LEY=>3_ACP2M52I_*;
M*SO&4O?(=_.U`5:%?+%&SL=%NTV4D+67K%>F(XCR/<+I@LW44*L0JA3=O:8!
MTWV?T\WCOU#IVO!<DJ9-EA)%TWX'6VFM+3LMC\;9$I7*LTHOC=R5P]RXQ!5\
M\8`MI+QBRY*RZ5=LO[5+PGWYH"9=P,N7]MG64;*MC-Y-@LF'NH$$W;W%W*("
M,<W!@LYMC++PF9CEG(-6YTJ.HN+C37L/?3B/(:F1Q(CFZ":WUKFTO7SJKD2$
M0,8"CL)MS=`V*7<3"/IVE#U'35YY3:['X;@#O)/!([R>P5L`"+FH^OD6\BJL
MB]=8!X_W&Z1;%&G#D7)>2L,G<$S@TPTGV*I\BN)[@`=T[.5)PE=H99EDJ`;@
MXF/VWWTFZ.Y3'"^=B[!3Z7^,9UEM8/\`&AAP>[ZRBFS$G6["W6U*4PNRT^IR
M)/Q5&\KF$-H]&*5>K?4\!;O!\ZQG&G*?$?.;!=MX^<W+E"XRS]!8.NU]J_(?
M!+Y>$B.1?%-XR37N>?N*]V;1T]/PM:OE1AS1UUK;/:?BQ.Y;BD0O88NF3V[F
M-@9=C.[0CF3@5RT(5%=!/R\OFNEB2+V"VU$K9)T<*4FX!%:0GX60BE,@GYGE
M-SV>P^/;X^=-N4/!4%;,O81JUGS!1,:XFY$TNL8:H/)3#J,G`X^5P3;473^G
M\'/%]"N6TA:*V-LK+(SK,60I5L5Z"[A5J9R@N;8;2D9K(P\-,E183S^2A.F0
M]%6D*+<LD!4[)$!(Y"M2C#80;-A35E+],&N9!AL.2K+-AV_H/U-.-\O^6]%P
MW1Z?PGX7,YR@8GIV,`F)J:XYF/"9:KN`(5,J#G.7#!^3[RD9G:X!N<,H7)=?
M,5>:<1YW!443',HH%9;:VGD\I+=WGNPH5/=D*0$/ZL*DK)46)!M=IQULE4<\
MI2?=X$@'L2)Z6K-P[A"?9[1[>(I8WCL\B*>=2PF",^SE.3Y&+4U.^8TO-(%9
M/$O,K!Y!3;Q'(C`J[@RIQ;ODA*%BKJZ@2M=DO<361(EV]L:WUT^9P:E;CP(<
M7AG5A$A"Q9V#)`NJ*ZFYT`!+;@)"TV.EQ?HPL@F4`THV=`OX'R_2G=4S@)`'
MJ'U^NWT'^6JO;=#ER`0GO(T]E/U>Z+F@ZI2=H["(B;M*`;]3#T`.GP'6RE!(
M)/`6^^P'XUE(*@5#@*\Y_P`U>1IGR+>:.F<6*'(*R<!0[7CSB?456)A6!M99
MR<:OLL6`@@;V%'41+R2B)S`)2`6,#NWV'7T8Z*8QGIET4E;PR"RS,F-*DD*/
M*.5*^5L#Q4A*3;O551;C)S^XFH#-RVC2YX<-?OO6J_#GD26\?GFDCL-7-VO&
MQ,WD?)O$"^JR*H-167>SKN/H\D]1`P$3$UK@XY0#;=O:[`=^NN]UR@1NH_0M
MC.0[N3D1TS4%)N2H$-+'GZ:ETGM]I&(W`J+J+FQ)X6)UL>^G^ORQ\B9)K'#O
M`%$KCE\RQUD[.+^.R>9J9PDA*&K-5=3M.KLLJV,3OCG\NFJZ%`P@599F3_IV
M'SK](FW,/F]ZS498(+[$%*V.;CSD@*X_N[K<:E74%<AO'($:_*3J?`_I3%7A
M2X+>*_F/7;9%\T.0,Q4,]DNSB%H.&VF3([$K:7J"$5&K-K%&R;N.,>U/WC]9
M=([=%R3[0$BE]L1,.O0/7/J7UBV#+81L['H?PC3?OK4T7"DWM8@*%M->!\QV
MQ;;.*P,UKDGNCUNZ]K^VI7'`?P=<>/'UR]LO)+!]UN-CJ,UAYW0:S4<@R+*S
MSE3GIVP,)"PST5:VD='A(0TK"1R#=,BI#+)'[P`YB&'7C[J%UTW3U%VPWMS<
ML=AN4F8%W:26T%/(?=Y238W))U()'8=:G>+V[#QTU4F"060._@2-;=^GWU&V
M_*DRLKD3GYA;!<4X37+B3"L&V5;)&%4R5LR]9UI+9PEZ"=2)CXXW9ZF*8OSU
MZA^DG'M[>Z;97.*:6%.ON.(4?A+32;KU_M!2%V';:H?OL)EY9AE1][]MO(\:
M2IX=9&<X5^;K%V)K4X,U=$R-DOC%;`<F!J5TXL43)QL<95,?Z2@I8V#)1,HB
M'4Q=2_KC\OO?HA)S3*2M;:6Y+1&MT>H@7X<=22.P7UIKMU2<=FTQW"0X2!]N
MG&EC?E29@6R5SKX_\<8=T9V&)<4QZSIBFH`F3N6;K.11$IB;@0'`0D!'B`;[
M]J@`/KOJO_I%QZ<%L[+;DF!8#G.H+&EVV^)\@><#R-.]^OF3D&H23PMY:TB#
MQ!R,SPW\VV&,:VI4&<A%Y<R7QGM9US`B@JXLD-.UA'W$BCVI*+3K-F=,NXAW
M"&K(ZX-Q]W=$I.1@*6Y$2$O-]JB;I4#?NMK]U,\&V8&XVV@;'2_]VG</R\_Z
M9S@N'_S,Z@(;]!$SG'P!_'IU^NJ6^BJ7*:.6=:<)U:OV$V=U[]+7%='J4A)<
M86"0K_)3UGXY.X>(WC-^LGF'?]>W+UT`?Y:I+ZCFU_\`N;+N.`<]VNV_Q--J
M'9W'\JE>TM,&W<WU/Y4^;JDZD=:/Y#8TM.7\17O'=(RM<L(7&QP_L5?*U`48
MA:*3/-5D7\7*LV\FR?1TDS%ZT33>,UTS)/&2BJ([=VX/\/E8.'S#&0R#"94-
MM5ELJ^%Q*N(2>QRWP*_:;&QIO,87)C%IHE*^\?U]M0S;UC"ZX=O#_&V3:C-X
MBR7AZ5LF;K]1\&-%2SN(90[E9!]Y4O&TW=F=!,XKLCG8V8<2*B\`A3N5$8P/
MZ3Z]?0IV.RT9O(PGFI&/E(2TSZJAR>GJK_"LEII(0+JA2.51+B&@K51)A'H+
M9<6Q(!]0"_EJ/>!\>T4I[B'PJRMGJ"_W6:TV*+2,:2<_FNHHX;L(TZC90SR:
M(2M6/.4OC:RP9866(H/DZW;&B,J4FP&2@XUXZ7`&;=4`[8SO'>V-P<DQ6'UN
MSY:$L%#R0I:&.8)7&RC8MSNQ1[\1U)4IQ+;=[74:5@XF0\5.(-@!?N[.SSK2
M_#_C)>;1G"8RQAJ]5D,C9BNV6,)Y198;6@Z36^#]XN[L<GW:Q>.&X6YT>N98
M0P?)M$8S,+=BW>(SYW*Q&)P34'7=WGNG'P=NQ<#FV7FXD.*V]%"_Y%Y%'#EG
MM7'H>N%*=B$K66^5`(-B*3QL5WYM9OHH6OW<.'?;M\*PN[8YON"[](8ARY4Y
MRAW['D[/YSM]/P:U59S=5D6;@2K^5CQF%7,^(5FLJAWY@Q$)W":J)G*C>,$@
ME'2^%S6-S$%.8PSZ9$>5'0P4O'G;=;3RI_P7*`A);>9(!B2;+]]EE)2>?F*J
MV7&%EIT66#?3QUN/92S^"G!J\\E9BJVZ67BJCA*KW%?+;6]8H<RL#0[%EJ71
M1L%*YL^.>]0HKN<9-L]L4E665L>ROMQC*157*5BDH8I"P3J'O'%8E*HT7G=R
M2FPSRO@?,(9`L8$]%U!U490"(LA*@5QVT$I3S%-.(D1Z2Z$M'EL;D^'>/TJ6
M(V`2MR%'N$2E`G<?8QQV-MW'-Z&.;U$?COOKS3SN*27W4\M_V=VO]&I@$EI`
M2LW(I.W,'D!!\5N+N=N1%A63(PQ)C.TV]$A^W9Y,LXU5&MQA`,/:*LK85VK8
M@?$5=239VWWMV;FA;>9!4N9*0D^"`JZC[$@GV4C+>^7C..\+)-O.U>4_Q=YJ
M9&XO<L8GFHSIM4R]EB$L-[O'V60TIY_"N;K?$94DI979*TX8RJTFS7G')VO_
M`)!("J@B4/Z0V^KV\MBXS<NSAT_F/?*XST6FFU`I!_B2GG^+352"#Y]]47`R
M,]&6,ME-PES2_G2T_+M6,Y8^Y2X,YC7RKP>-<I\M,%X:Y@.XBB$E6E<JV6VY
M$`FF$)^[/9"7%ZP6A8MVY%103"X=FW*&XZA'1-_!979F7V"P5.0\/)=@@K(/
M.DD@*%M+%1T[K5W=RMS6\A&F'W2XH*/9J17H!'QOQR\M_`'%#G-E30O&-,]8
MOQ_DG[=L^<1LE6;FO!MW0S=<E&"B;B(L=7G57")%2#V[D,FH0Y#&(/SQDY7/
M]*.H4HX-PM2L?,<:%]0I"5GDYQVI4.6Y[C<5:'H,Y3'(3)',%(^^VOYU%2YH
M_BI9)QI5[CD/B/G=IE.$JT+)V,<798CV]<O\BWC$%7CB-@;E`I-:J[=I,TQ]
MDKQLT!3M$!/W&UZ_V']7(R3S&%WE`0U(DJ"/F&;*25*T%T$`@'_2-O+6JXS/
M3_T0J=!<*4I%[5J7\;#R%<@*GS'H7"^V9`L]TP%EF!N\?7:997:TP&.;G5H%
M[;(^4JSYX==Y%Q\BG$KM'C(BHMA]PJ@%W+N/6^J#IEMN9L)W?.)92WF([C*G
M'4@)*TN%"0%`$\`L'ON/$T;'S+_SZ\2XHK2`>/@+TEO-+UQSN_(<=1'>2;@;
M5SEJF/V8'/[R?]@X4EXZ*=%$I@`19!&T=T8>W<O:(C\=2["I/3WZ<#(=6#R8
M@K-A^^2DIOYW=IG-<5DMXI9/PI<L*[WS/5^2XB^<RPY2KY/VU.0R=@3DS!K%
M$$$UC.5:ZYLBB1@#8@FGZ\^*<?B)MQTTZ*Y&)N/Z>',;)_D4W%E,$<2%$.%`
M/B.9!'A:G&X4C'[E:=38!2TG[Q7+;7A?(;^18R*S7_N2FV;E_56;11)07+-;
M%V#FD:^,8IB"`#'C&4A90WP$%A'X[:<MI3TL^FQQF4FV43CG&G+<>>5S*3_=
M]8#V4WDK&4W4E`/NES3[:Q+RZLGW$7SJ9*R5$E&-+'9SPCR1B5DP!(%$)HE/
MM4VL3?<#`$LR?`;;8!`1#TTETA>1NOZ>QBWO?(QTAG77WPXZ$7\ARCRM2F<=
M$'=Z2@625(^]*:=0_+AE&DVMP`F8]8%V$S7\S2[)0H`)%&D@&-'C54IP$=P5
M1<@(?#;KJI_H]@O0,CG(SH]]KE0JW#F]4W^P@T\ZAGG;C.]_Z7I[S\<H!_XC
M>,H[#M^YYCZ[=.N8+KMU_7;5,_4C_P#8\QYQ_P#IFJENU/\`LC?F?RI\O5%5
M)*/71123^3O$+%/*1KCI[>"SE:O^'[I%W[$&6J')C`9*QE8V;QHI*GK%A]EQ
MVQ=LB&ZD;+L7*3AD_8+'(HD(@0Q>Y@]R97;;CSN,0TZW)9++S;NK;C9(590L
M=4K2E:;6LI(UI)Z(W,`2Y^TW'GP_.F;O)GG&SXS0C^&V+,=7[CWQE9RM>J5E
M4PW"QE6R]S`M.2DWDW%<0^"\#'N4TVQK:J_5/D*YJ$9H5F-57]LX+F$PVOTW
MP<6>^K<.0E,R=QA"G&2]8QXC;0)4],4=>="4VC-CXW?3-T@73PLTI<9H--#W
M%::>.A`'XTTC6;#+4BP5Z[P\@I5I;%E_CN/$!)<7&[&3-2Y$CU)_&>+GQ8L9
M5!5A8+D\<D*.<<KOTCG3W>)D=')TU;R(C>7BOX]V[R'8ZI2D22`E=Q[^4S"N
M[C\C%%[<[0YP$:<>,M,`A36MM!;\!^9UI_?$TIC#RT8X>5G,T`K6.07$;)T(
MY6SGQV?2Z%.Q'GM%963F*EQ\SA)"JO=YVA5\J,!>`!LI"N'RBZ)2+)`02>>I
M\/-=,YZGL1)4K#Y2.L%M^WJ.-$`!3C>O*VY\;*;DA!2"2;BN^P]'S20F2GWD
MGCX^%/`8_H%.QA6XVDT"LP--J4,1X,56JS%M(6$CC2,@XDY`[..8)HM$3/I%
MVJX6$I`%1=4YQZFU6TF:]/F&3(<6X^H:D]HOH?,</*NPVEEE`C,BR4UFYAV*
M([;[`([=.NP>G78.NM`+FU;^7&H_GY">(N9/)7B;3N-W$'$%CR2.0\BL9W+C
MR#D8.-:QE,HS;]WB(%X>6DF*BQK#:U6BH%3`Q138&`1#<-7M].^;V;M_>2]P
M;RD)CM1$%+0[2I6A(U'[?Q/"HUNR+E)4%+<*ZEDW-O#^M:ZS\?[QK6OAAQ'M
MJO)+&,/!9WS!DR6L5G@;`TAK!(0%0KS=&OTF&5<E^_9IBJBBZD#D04$N[P.X
M>X!V??4/U)A[WWBTG;+ZG-M16P&E!1%U.#G<-@>(7H/#SI+:V(?A1_7G#_FU
M\;C6PX6OPN*P?\C3QOY=YO8*P+:>-V/3W_,^&\AOXL*[%.(R-?O\;W:(,E,I
MHK2*S)D1O"3<+'N.SW"?T]VP"([:=_35U)Q6Q-QS(V[)"6L/+;T4I/,.<+2;
MZD6/+<7\*2WKAI.6@H1!'\R5W/E8T@C'_&WS0TCPN0O%/&&+LAXHY`8?Y)GF
MX1]7\E0=5O3C`(??7IA'T63BI8R<@[;WB1.S<,CN$1,U(`!W;ZFV4S?1:7UW
M<W7F9$;(;:?C%(!;!0%EOTQS@DBPT-_`Z:5QF6-SM8-..:20Z@^(-N(^^FS+
M2/Y0=MKDEB6R07/Z4KL_&O8.8;GA:\DI)QKYL=F\9NKRS3*].T>ME3)J>Y(;
M&3,._P`]6^P/I7AK3F69&$3,;(4$H0C0@Z$#O!X:5QU+WV^3"7<)5H2;WM3J
MGA5\'7(7AG<++S;Y(PL`WRY4L5W=KQYP)7Y5&:L<9;;!6)!DK+7&3(5*!83S
MQHJ:-9,T'"_M"[5.NJ`E(4E,]:NN>U]VQV-B[5/)@7);9E/)`2A:4$:)&NB0
MD$GAIXU)=L[3G8TNR9*P9"DGV$C0^S2DY^$[Q)\ZL1>2VJ<E^6N!YO'].J\+
MEJ[FL<]-5V2^]R5<V[N,C6J*,7*/7/W)U;(\<`82@4.SUU*NM/6/8T[I$ULO
M:DL2)#@896D?M2T4.%?'M4CE]M-<3@LBUGOG)=_1220;=M*P_(Z\7O*3E_G/
MCOF;BMAN1RF\98OLN.\DDB)&$C'42,/8D9VHNW9I=^R!4KQO-O4""F)Q+[0;
M@&^^HE],G5+:FT,/D,#N^9Z$=V47DWX%7I\H[>.@IYNS`NY*>B4RDJ(`O8'C
M?_-6@/`1XB^9/'#GHOR"Y6X3F,<5NB8ENZ50E)R7@Y0TO?KFK&5\Q6Y(B1?*
M)N&M<</S"=0I2]I^@B(].[]1'5_:FX=@IV[M6:)*WGTEP#L3>_?_`&@!Y&N;
MM;;LF+F%RY:%)2+D7!K-_P`B;Q2\O.6O+W'6:>+>%97*,/,8&9TJ]OHB2@(\
MT18ZM9YH8=!R$Q(L%%/NX::(<@D`X![.P[;::_33U9V;L?:TK`;M?]-M4L.)
M!_X;8_$&GFZ<-D\EE&WX>K"&M/.YT^VNO\O'CZ\@G,3B]XMV%*X]V>T94P[@
M>4K&=8`DU5TGM0MO]OX]AB-)!PO*H-'JK]6NKJ%.@=0O;U'81UCH?U*V/LS>
MNZ)DR<AC%9"6IUHJ3S!0+G,D6N+$)-CY4WW+A<OE8<-ANY4RFYX\=1^%-A8R
MX`?D989I<7CG$T?RPQC08,S\T+3J)F^.KU;B/W%XM)/_`-OB&%M1:MQ?R"YU
ME.PH;J&,8>IAU<F4Z@_3AEY:\EETXB5)(U4XR@DV&E[W)'A?A7'9QF[(C199
M2NQ!`T/;4HCP-8$\B^*Z?R`MWD:OF:YNYVBRU*`QE3\N9,>7XL+5J]%O'DW8
MXY`9:5CV"T_,S!$1.4P*F39`!@`!#7D7K]G.FF:S<*+L"-CFX/HE:S&92W=?
M9>W8-3YVJ=[8BYEB.1E%$JX6J0=JB*DE4$`$-AUA24J'*H`BL@D<*3+R?XOX
M]Y18[G:+=%INMO)&%E*_&Y'HZL?"90I\'8_LD+G%T>]JQ[V:IB-Y@F8Q4JM'
M';N%H]90A52'$IB]G"9N?@98D05)Y"I)6VH<S;A3\!<1?E64'WD$_"H)4-0*
M;2H[<M'(Z+Z:6TJ.G4/&OR2R'R-GL'3<4[PS1:S08FI7[D#CF%=5;'V'>.<N
MX<N*_P`+?'$UDON'[60OD&D"F5<G2'L6=RY<+-TC@;83WHYU-PT#;XRX4),Q
MQTA,92^9;\OMG9#2SQ;5Z@89MR-IY"DZ)"(HWAI*I@:4/X.WRX62>WOOQ_.3
MMA_$.-,'8UIV)\1TZ&Q_CJB0S6OU2J5UJ5E&Q<4R*!$TR_ZUW;ER(>XX<K'.
MX=+&,JJ<RAC&'S]F9L_/9!W(YI]<G(/+)6M1-R2>'$VMPL-!:P`J8MQF88#+
M('*!Y\=3K6SBD`HB(";K\Q$0#Z!\-,@D"UOVIL/*E"HJ%C:KA#<!#YAMK:M"
M+@@\#5@)%`-NH^GJ.X[`&P!OMZ!Z_70H)7\0!OX5JE`2D)N2!WF]`)E`-MS;
M?]P[^N^DBTBW*GW4Z:#0"W=2BSS\:K[9?0>H?$!Z@._S#T'6RVPXI*E7NGQ_
M'OK1*0D6%<9VZ9P`!`>GR'M$?J(;:W5[X*3\)XCL([O*MVU%H$([:N]H@`(!
MN&X;=!$!`/T$-A#228[#:>5M"4I\!:D^3MN;^='LD[N[81'??81W#</0=OF&
MMT)0A/(D`"_=6Z;I)()NKC5?:(/7;KT$?UV'?K_'6`TVE14E("B;G3MM:@:"
MU`)$#?ION.XB/S^>A33:M2E-_*LE1/&U5]LNP@`;;_$!V$.FVX#\^NM6V&FM
M$`6K!%[GM-6>P3;8>X?J/7U^?\=96TVM7,L`JK1"`VGE3>UB-?&Y_.KRIE+U
M`!]-O7X:VY4A/*``+=E9"0D@CB!;\Z!3*/KW?3<=O\/AK'IMD`%*38Z7%;DD
MI*>^J`D0!WVW^/7]`V#_``TIS&UJ$DI3R@Z5R:Q6*-%%4'T'Z#K1S_9JM?X3
MPX\*R.-?.3;;IOZ#MZ^FX;[?#??3'^/T4\O-ZGIC[=+_`.MW]O&E%?%XUSD_
MTAM^O\QT^;^`7O>PO?C>VM_'OI-5[Z\:NUO6*-%%&BBC111HHHT44:**-%%&
2BBC111HHHT44:**-%%&BBO_9
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>g451612994.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g451612994.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`&@!<`P$1``(1`0,1`?_$`,````,!`0$`````````
M``````@)"@<&"P$``@,!`0$`````````````!08$!P@"`P$0```%`P$%`@@)
M!PT```````(#!`4&`0<("0`1$A,W%#8A(A4U%S@Y"F)3-%1D919F&%%A,F,D
M1F>!(S.T5<6'MTAX29D:$0`!`@,%`P<&"`P'`0`````!`@,1!`4`(3$2!F$R
M,T%1(A,4-`=Q@4)B-3;A4B-#8W,5")&AL<'1<K+"4R1$1M*#LY1U%I88_]H`
M#`,!``(1`Q$`/P"Y7(:\,>Q]L5=V]\K,$6P6KMY*YPX4`,11B@+`SJER=$2<
M%*MY!S@K*+(`8(HP!8S*"%2H:5V,:?I$Q7ZY*425X\U,(;&S,H`DWBX")(B(
MPMX34PB5EUS+FXA)4?,+><F;K>ZJAYJA03F%.DI!IQIQ:84)LT95(2<:(1*8
M1GHVKQU(`*@.+?XU:;]MUGPA\.+X4ID@<O6/_AXO+:O_`+9J=P+RHG8G_#:R
M_0MSFGF<6&ISY=YV42.\5HY\[VVGLL4$$)SIA4Q`VRI@DRHAO:VAE1KU32_4
M3G)T1-$Y790BINJ.H0Y9\9]&R&C]4H12$ANDSDLEUML1/5D$MK0(J4H@*1F"
ME&)S;+-E"GW)Z54'[WVUE)/.#>#@!@<!A"P`ZENIUG'/LBKGX>:9[$J8AXX(
MSEF25^CDL,[$P*0-:1\5(JR"Y"4$)MQ'(L6F4D+')Q'S'!2$PI-P@`$9SSX?
M>&FDY.@2VJ?$!:5?:$.R2Y*P5`J*00AH]8\M<0H(0.@F!5>8"!4:O-.3*Y.F
M`GJM]0`N($3$FY(&$3B8@62')GG7AMK;9MR=+O9D]+;/'#H]H;J0"\K==N!&
M$@7'E&N2A)&GN2MXH^0N3#*,.4(_)N_Q*BK2N[:W6)/P?GZDO3[4M2TUB!2I
MAQ@L.X;HZQ#9SPO`2<_*!8,7JVVR)A:G^SXA05F3Y8I)NVFZU>.G-E==RYVD
MO!<K[P/`+E77;K4WPF#ZYJ$C9'/M6LMA*[D(F<A:5'VQ.VH#E;7%4Q!YQ"2F
M\?$;RZBK6E<P:_TO2J=XINZ7I2.S4Q<S*MI2"I75]<VR5PSJ*C!2U$`JV1LT
MTN<>>HPG'CG="5F.$<JE`8;`+QY;1'#UP-5A208I3YC38FJ@!BA.32%6;$`F
MAU!&DDT&.VF\0"J"H&@J^&M*;Z[:R/A%X:H>A]E,E`5_$?O`/UO+91%8JI0(
MO*"RGF3C#]7GM2_J4ZGUR[?Z3.&=^\=[S/T;O)D$LMFEK<)N986H<W`R-0=T
M-N^6[,4A:7-O15.E*+E'=G0?LZFH`;R:#"&M#Z#\.J=-^)M:HU=DVW*1()>(
M:*G`E/6.I[/E4A0)@@Q&9=X!/2A9AGZFXBDR[[#A#[F6^`B8"*H@[;KA<3R6
M49II:SN=TNSKQK@V0N1TGN3:*X5P4]OI1%G9EM1&6P9LT;UT>8'E<\ML'9UR
M=-'9$O2KA%EJ2A**$<K?X^UDZY\)M&LZ.J,U0Y!N7JC$L74+"GEGY(A:DA)<
M(BM`4F,#",876%R-8G>W,H?<4IE:PDBX;T0#AR&!LQ_WAC4!S(Q`R$L!$,:K
M[2&T\:EMFWF22-I9X_!'@EU?$TV7-A#@<=+(I(%9)A:`H)=`E&%EUI3?4-:^
M'9$\#]#Z4U1IN=G:_)-S,TU/)0E2E.)(06@HIZ"TC&^\$[;$*]/SDK.-MR[A
M0@M$D`#',!&\&S)]!7)B^V5^"ZNZ>1%Q7.Z%P"[YW+BP),[-D<:588^R)(N8
MU-G98NS,394I&->=4(^1S1<=>(0MU-U?>-&GJ-IK5Z*=0F$RTD9%I90DJ4,R
ME.`JBM2C?`<L+L+$J%,OS4FIR845+#A$;L()Y@+.HVJ2QFTYOO+^21%J<'&6
MQC<>123Y+3]L8CB!A",XF!V_/1S&4K2>%:E4)QB>"6A)S:%GEU"J$6,%*&4$
M&^_N^4`U#5KM<<![/3I<D'Z5X%M`-Q!Z'6*A=>D$&ZRYJ68+<FF63"+JK_U4
M](_CRCSVC+M'C))KC8C9<9(I8_4Z.8_.-D6T4E5*UZ%.F7SR;49'9K:RPD5;
M7YRHWK$@E!`C.:C(4%'<-.8&M=:3M?EI&N4[3RE_S50$RH(`"B4L-9TE5^9"
M<P5`@0401R&R8F76XAR;A\FSD!),(%:B##D)A#R76>/[K[D\ZPK)2ZV*KJY$
MAAEYX2LN1'4"@:,GD7*@`FE"K&B.5+4YQI[W"EA@34R<E0:;1M+,KP%D#%6F
M/O"Z=:GM,R^I&T_SDD^&E$1B67LQO`!$$.`042`,Y%Y4+'].32FYTRAX;J21
MA<I/Z4G"_#DA9^&LYB/,KA:?>24?Q/@B9+<:X,[A=U+NLD(:^7+[U,\<>$1\
MD;EE41(U\F<RT:5.K+2F#KQE(1%$AJ,82S*;\(]52TIKF0=U1,'L+$LZQ+K<
M5\G+*6DA!$3!"224E0P*P57`D&:W)K53W.Q(&=2TJ6`+U@&\;3R^:`M*UA-K
MT9@87P^)V*E\4A5[K(P)!2+H(#.&E5%)Y&XV2`LHF,M4O;P\):-N3T$620[-
M3@(!9G!4="P@!31&L?!G36J9UVKMK>DJV\K.IQLA2%+^.6SB2;XH6@$B.))L
MNR%=F)5I+,$N2R1``W$#FCLPO!-J)[Q:@N+F26A]E9=:Q+-Z-V=HM6XVPEEH
MH\QH6=PM3<ZY;@VL*-B-;V0ML:S&-SD4M`K`Z)*4)5(SC#Z@H=0X@%*4C0^I
MJ!XS4N1K+G:G5S(?;F%J*@^RRE2RJ*LRLZ4-E)0J]*@$@E,%$V_4)*8H+SC(
MR(R%!2!#*I=P%UT"5`Q&(,=EH%VYO4+$KL8G;5J_R6V!<51R,I0:4TH2UJ-&
M>YN'(*,`2AH>L*(YAM0%!-/!3BXA!I790ZLI)6H)5=E!(&8F)@(XF`)@+X`G
MD-DE:E)6D`1228[+OTV+.\>5;]>;%O#/&%6S-K<W8KUO60A=R4I1!\@-N[-V
MZ1$*E:DI54(O)J)(%,;2J8H51%4-J,T0QUH`INF6*;7ZC7VG%*?JIELR8QR=
MG;+>$/2)*A>>:``%O9R<*V$2ZTP1+YX'GSG-<=@$#MY[9K:Z2.6/&3MOY5VH
M!CG9:^$;<E2J*KF]Y*4CA$U2^4ZQQS4AHV.A2TA":%(H'0))P3`CWTI7?2?.
MRS-:I3\DD$,3DHX@!P%)'6M$)S@=))!(*AB($6X0M<NI#J]]M:287[JA&')>
M`86H/]Z=4@6Y.8IK"PB`!7CN\J0`'NXP@/N`O-"$?#6H>(-![J[JUIOVHW[N
MB2C2E20<14TC\#(LPZF[\U]2?VA9P/NR'LV%_P#N3N__`%&&;55]X7W\;_XY
MG]IVQ?3?<%?6G\B;4.;479@MY\7O)F0GI8U`J6J1#*\AXXVZ8(9Q%G&5HIE$
MP**G,B.,`%P5HAC1IG1$EH,!2<X(R3"S0UY8:[;A\"*(*5H-,^H_+5"86Z=B
M$'JD#`&_*I4(D0((QLA:@?+M1+?HM(`&TJZ1Y?(,`<;9AA_HNYI9>8E@OW:B
MZ<'CEJID?+ER*W+[-9.W#EJV"K530:K<&1K*/B@52IY8AIDQKB(LPOD`,'P%
M\`MB>J/%/2.EM3BBU1I]54:2V"ZEI*NK#H"H!1(60$KS*"`08D")B+>4I2I^
M;E"\R4AE1,$E1&;*81(A#$0$<(67?A%D6YXCY=V&R`;RCE-+;7':C9$VI1(Z
MJW6'NQQD:G#,E&I)5)P*7.+.BLDL5*4%QBIPF%UK0P+QJJ@-:DT].Z>=(':6
M%)2HQ`2X.DTLB(,$N)22.;D.%ATM-*E'VYM%Y0H$CG&"A^`FU/=T/>'+XX>9
MN946%O/;%AOW:6WEU7R-P%6P'(;97&C[,G1(E3<D6JRT#G')*GH)7PC&:F3*
M*[M]#:[N$6>9+P-HFI](TZLTE]R1JK\JA;@5%YI2C<H@$A:<+H*(Y(<MF95?
MF):==8?2E;"7"!"Y0AAL/XK3V:FN=D<U!LADUZHU8F,V(1(8L7&#&UH5HW23
M3-0!V7NGVJGSPWM;.C=)#P+:)RZ@)%4M.70-33/!6EW:`TC,Z-H(HKTX[/.%
MPK!4"$HBE*>K:22HA'1CC>3@.4#4IU$[,F9R);$(;3`DQ4>>_P"&Q;1*T5X\
M;=#[)^Y$TCXH.TYF9!XU1.)H9*VI$SY+[70%1));22,Y1[AY23MSA*N75*8-
M(2,25,8<6,U.I"((2<J5*K/BU3J6PYUTQ1Z=.N.9"2EI][(WU:B!`J"-[I&"
ME!)`4B_IIIYND.S)3E1,/-`1$"4(B<P!PB8PNP$;P;L!TSL:$V2T7U#&]/1<
MKE,"P<F<JAK4E>$+*@<7Q),XJ]%B>EJPL5.Q-XXR4=0NAA03:AJ`=:T%2FQ?
M6NH5:>?H:U91*S-;:;<44E2DI+;B3E`Y3UA$8&%Q%N).63,B8%Y<1+*($8`G
M,DB)\J;!IB/;0=\,G<>;5)B7967<.[D!8%8&)D02-V*:5K\A,=UJ9A=:T:G&
MC>U%G'FEJ]Z6A18JG!$700!,U>GA1:+/5)>0&5E75]-10G,E!R@J3TA%4`"G
MI1(A?"T9IL3+K;(C!Q:1<`;B1$P-QNCC="W4YK1=RMEFOE%%'T@E&XQ3(^Z`
M5*9*>B.`6GK.G)U0\H:+EH:#-:U)(N`N@`%B%P;@\.ZGCI6::J&G*9-RI)0[
M(2Y!@1?U20<;]X&\WG'EM]G$%I]]#PN2XN[&[,2/Q0LYOWD"X;#=>X^!ESHR
M6YIX[<#$!%,&0A[0&M3L2V2"3F.:,IQ0'^,G5ED*:4'0-1EUK3>`8P5"*M5>
M!E.F*12:W2YHI,S+UDMJRD*3F0WE,",1$>7G`-UC%>=0^_+OMQR+ELPC<8$I
M(MC6F]KH2[3IQV.Q[8<<8O=9"=<267!K*7>Z+G#U=#Y62T$FM?DA'!Y$34I#
M1HIPG=HI4SC\(`[O#,U[X02>NZVFMOS[LLM,NAK(EE*Q!!4<V8N(-^;"%T,;
M<T^LKI[!82V%@J*HDPQ`',>:S<__`$N3W\+7XB?PBPWM_P"(KT&_97TT//8^
MQ^B[TA_:/RQZ-N=VKG_LO9>S<'!_.<W?XFU:_P#S]3_M[['^U'LG8>T9^H3&
M/7=5ER];A#I1CLARV*?]B=[/U_5)CUF6&8_%S1W?-8/L^?74R<]D[U;D/5WJ
MC^@D[^_>7X_^39ZT-[G4SWC[HCA<+EX?J<UA%1[^]W3?.]O>?;:L7`7U'L=^
MC?2"/]&.COFS]V_J;XWX7'MEO7WOO4>]]\7WCCX^GZW-YK.%*]F,\/AC<W/-
MLM%-.^^DS]B=WLD?F_Y'YY6?(/H_Q/P>';94GP6?>S<1O;^Z-[UN?;9"7Z7<
M/2PW>7#9^:Q8:D??R.>R8Z0(O/?57NJF[X_Q(^8_J>1LL:$]G+]YN^G>X&^>
M%]#\;;FM/J''_H^%Z._AZ7K?!84-,OJOCY[,#O2Y]9^HWG%=WC^G_P!A_K^R
M[,VO_9M2]X.".Y\/`;GJ_P`39FM"IF^QW;>/%WN7';S>:U(>N9ZOF/7JA=3S
M/6@Z==P'CN1]:_$_0N+;/'@E[<J7M3NP[KQ.,GB[.?UH6:=1=V:X/$^<PW3N
M[?W8V%+1B_3S#]GST62>K_W+_>/KE]SOR_1.V;-/B]N4CVWW_P"?XGH=V^E_
M>R6@T'??[MPANX<N_P"K\-@ETV_7CQ[]DYWW6]%^I7F%]Z?_`%W\V^#LY^(7
MN94O>7@?/</?3QO5^-ML-I7M"7[EO>CCNG<V\VRW(YY^NCD[[)OK!*.K_4[^
MF)[_`'WD^<?GW;2-$>Z%,]X^YM\'AX?-^I\6W52[\]W3?.]O>>VJYL='-/OV
M;OJL@Z\_(^^3KTE_AU\V_/NV@:1]K:@]O>UOF/JQQ_IN?SV])[@2G=.[^EY1
MN>I\%E[?]+&SO_ZBP[_96)__`$3?\2?K;?X7=%/\Q?[KV7O[M_N3V7_F=Y_T
1_P!^TG^A_H^/YMS\OYK?_]D_
`
end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>g451612img001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 g451612img001.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````/```_^X`#D%D
M;V)E`&3``````?_;`(0`!@0$!`4$!@4%!@D&!08)"P@&!@@+#`H*"PH*#!`,
M#`P,#`P0#`X/$`\.#!,3%!03$QP;&QL<'Q\?'Q\?'Q\?'P$'!P<-#`T8$!`8
M&A41%1H?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?'Q\?
M'Q\?'Q\?'Q\?_\``$0@`*@".`P$1``(1`0,1`?_$`'P```(#`0$!`0``````
M```````'`P8(!`4!`@$!`````````````````````!```@(!`P($`P0'!`L`
M`````0(#!`4`$082!R$Q$PA1(A1!,C,587&!D9(C)+'1L[1"4F*B4Y,T=%46
M-A$!`````````````````````/_:``P#`0`"$0,1`#\`U3H(K=JO5K26;$JP
MUX5,DTTA"HB*-V9F/@`!H$UEN\>4GSU>[C"(<'#')-7JS$1?4UA\LF3NR,&-
M:G'X^B-NN5MMO#0-7C?),9R#&QWZ+.(Y55S!,OISQJXW3U(C\R=:_,O5]F@]
M70&@-`:`W&@-QH#0&^@-`;C0&@-QH#?0&@CGGBKPR3S,$BB4O([>`55&Y)_4
M-`OLEE^,=QJUWCD,W3;K=%VE!.Q-2_#MO!8VB;^IJ%S\ZAO,;-MH$[GL?D<9
MD[E3)E1:@D%VY8O`21GTV]./*9$1_*Z]0Z<?0C\/(D:!D=M\)9XU1FY5G;4V
M+H6=_IZ%N15L6I;+`"WDY&V!LS-LL<>X6(?+H&'Q'F&*Y/CGM4@\-BO(8,AC
M[`Z+-6=?O13)X])^!\B/$:#W-`:#)G?SO7W#PO=*UQ[AF8F2"M!$)ZJ10RA9
M_3,DG1U(S>";$^/QT%\]K/=K/\XQ>9H\DN?6Y?'31S1S%41C7F&P&R!1\KH?
ML^W0<'N4]P.;X5D(>+<7"19::`6+F0D4.84DW")&A^7J.V^Y\M`M\=1]X=W&
M1\@JV\H\$R">*)IX0[H1U*5KL?(CR'3H-&]J<SRV]VJJ9CF4Y&7F@GFGE$:P
MR1Q(6"=2@`!PJ[GPT&0YO<KWKZI7@Y#*:RN51S7K^`)/2"?3\]AH-:)SR:WV
M$/,VM-!<;"&VUJ,+U+:2(C<`@K^,/+;09+B]R_>Q&AFES[M`7&^]>N`P4@LN
MXC^!T&KN]G+LSB^SEGE7';ST;R)4LUIXPC[I.Z`J0X8$%9-!6_:KW#YAS;"9
MZUR;(&_-3M0Q5V9(TZ5:,EA_+5?,C0//0)CNSRG-39>;CHAM4H*RK:5*YZ;5
MRNO2YO8V13L\E)QO+6<'K3[-`MJLTM.5)(IQ`U1_KX[6,4L(8YCM^>8J/QZZ
MDA^6]3\>D[D`:#VN4\CY1/E:D>9E@8H\-G,Y!8VMP\<<GT([T13Y"MF(^I%'
M."82>L^&@^\MY7E\Q92*Y+]-7I#Z)HKS"6*"210B198(?2L4LF@5HK2@>F_V
MZ"#CF3SM/-5[>#6:OFH]J4=>V2S^K$.K\BRS#[VZ_-1N'[/`DZ#2U.2>6K#+
M/$8)I$5I8"0QC=@"R=0\#TGPW&@AS65JXC$7<I;8)6HP26)F)V`6)2Y_LT&'
M>RO)>*9#N[D^7<[R<-*&6.W84V>HB2>WO'T#8-]V.1M!V=ALE)P;W`G!NY6G
M=FL8J3?=0RN2U=B#\65-OUZ!E>Z3L9R;DV4K\OXO7;(65@2KD<='MZO3&24E
MB!(ZO`[%1X_#0+;C/N4[P<#>OA>0U?K:M-1$*62A:O96-?E`64!&\`-@6#:#
M0/,^ZN)SGMYS/,,03"EVB]986(ZXK$S"!XFV_P!)2^@RUQWA_P!9V"Y7R+TR
M9:>6HB-]O)$5DD_S*[_JT%OCYTZ>T5L0)?ZALP<7T[^/I$_6$?N\-!4.5</%
M'L3PSD!CZ9KV0R`D?;S1^D1_Y=M`\>3YDY?V:5[;/UR)3J5Y#_M5[:0G?^#0
M?GV0?_-<G_[V#_";0:6T'B<NXABN48HT;_7')&PFHWH3T6*MA/N3P2#Q5U/[
M_(^&@7N(X?B^&UYN3<WFKB2A9:6JE=?Y,EMMT6Y5A`#Q6+:-TR0(2K-X[:"B
MYGF&7N\BGS#QC'SK*(GHQ1K.M3UU"?2M"ORWLO;C`4HVZP)YZ"^6,=B.X>&2
MQCTK8GE^(1J9A'3/4("CUL=,0JQV8`I"RA-Q&WEXC06;MSV\J\;J1VYUZLJ\
M(@!=_6:M6W#BDL^RM-%"^_ILXZ@OAH+KH$A[N.9?DG;)L/`Y%W/S+6"CS^GC
M_F3']1V5?VZ!?=A/;3Q?D?#<9RSD;6UN6+!L5:T;JD300R;)UJ58GK*'[?+0
M5GW6X&UQGN]2Y-03TQD8X+L+J-@+-1@C>7V_(A_;H&OW!]TT'%9.-2T\2N5I
MYK&19*RWJM"T9E\%1&Z64D=+;@C0)?O;W^A[I8W'X7'\<-22"P)ELNXGLLW2
M4]*,(@V5NK<_'PT'?S7#YO@_MKPO',M&U;)<AR[WY:;??C@C0%5<?8=PA(T#
M2[6\'-KVIWL:R?S\U4O7%!'B7W)A_P`%=!D(9/)-A5P8W-/ZKZM8MC^,8Q%O
M_"-!KKOCP@4?;)B\?''_`#>/QX^5OB&V$<I_?,2=`N.*YDW/:-RO&-OZF+R$
M2@'SZ)YX9!_O=6@J?9KOSE.V..R5*IAHLDN1F29GED>,H8U*[`*K;^>@<F!]
MUW*,KQGDV>_]8K1U^/5ZTK#UY3ZDEJY%65-^CP^5V;]F@TQH/-S^!HYJ@U2T
M"C#=J]J,+ZU>4J5$T+,&Z)%#'I;[-!G_`)%PV_Q;(PT3'((Y"]7$/1!]8QSD
M_P!'C0Q9S=M`%[=R3[B^6@:?;7MNN!2/+9:*$9PP_3UJE;?Z3'5"=Q5J@^?C
MXRRGYI&\3H+^-`:""SCZ%OI^JK13]/W?517VW^'4#H)8H8H8UCA18XU&RH@"
MJ!\`!H(K-"C:Z?JJ\4_1]WU45]M_/;J!T$%O!82Y76M;Q]:Q60;)#+#&Z*/T
M*P(&@YL;P_B>+G]?&X:C3G_XL%>*-_XE4'0>A9H4;73]57BGZ?N^JBOMO\.H
M'021PPQ1"&.-4B4;+&H`4#X`#PT'+^183??\OK;CR/HQ_P!V@ZIJ\$T9BFC6
M2)O!HW`92/T@^&@@7%8Q(7A2G`L,NQDB$:!6V\NI=MCH(_R+!_\`CJW_`"8_
M[M!(F*Q:1/$E.!8I=O5C$:!6Z3N.H;;'8Z#JT!H.2S_UM/\``^\_XOXOW#^#
=^G_6_1H.O0&@-`:`T!H#0&@-`:`T!H#0&@-!_]D_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
