DGAP-Adhoc: euromicron AG: Changes in the Executive Board

Neu-Isenburg, November 13, 2019 - The Supervisory Board of euromicron AG (WKN A1K030) today decided to make changes to the Executive Board of euromicron AG in an extraordinary meeting:

Effective January 1, 2020, Dr. Michael Hofer will be appointed Chief Financial Officer (CFO) and Dr. Andreas Schmid Chief Operations Officer (COO) on the Executive Board of euromicron AG and are thus joining the current Executive Board comprised of Bettina Meyer (since March 31, 2015) and Dr. Frank Schmitt (since February 1, 2019). The appointment as a member of the Executive Board and the contract of Bettina Meyer will end as agreed with effect from March 31, 2020.

In this context, the distribution of responsibilities within the Executive Board will also be newly regulated as of January 1, 2020:

• Dr. Michael Hofer: Chief Financial Officer (CFO)
  Finance, Controlling, Human Resources, IT
• Dr. Frank Schmitt: Chief Operations Officer (COO)
  "Critical Infrastructures" segment and "Distribution" segment
• Dr. Andreas Schmid: Chief Operations Officer (COO)
  "Smart Buildings" segment

Bettina Meyer will continue to fully assume her current role as Spokeswoman of the Executive Board with unchanged responsibilities until the end of the year and will gradually hand over the reins to her colleagues from January 1, 2020, on.

There will be no new appointment of a Spokesperson of the Executive Board or a Chairman of the Executive Board as of January 1, 2020; all members of the Executive Board will manage the business jointly.

With this expansion and replacement of the Executive Board, the Supervisory Board is also initiating a new phase in euromicron AG's realignment. The appointment of an experienced CFO with many years of expertise in the project business and in the service business with digital transport infrastructures is intended to further improve the business processes for increasing the operating earning power of the companies. The appointment of a further Executive Board member with strong technical skills and the direct assignment of the operational and strategic responsibility of the two Chief Operations Officers to the respective segments is intended to strengthen corporate management, including responsibility for earnings, but also to drive forward the strategic realignment of the segments for the future.

Communicating person:
Ariane Manthey
Investor Relations Manager
Phone: +49 69 631583-293
[email protected]

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About euromicron AG:
euromicron AG (www.euromicron.de) is a medium-sized technology group that unites 16 companies from the fields of Smart Buildings, Smart Industry, Critical Infrastructures and Smart Services. Rooted in Germany, euromicron operates internationally with its around 1,900 employees at 40 locations. Backed by its expertise in sensor systems, terminal devices, infrastructures, platforms, software and services, euromicron is able to offer its customers end-to-end solutions from a single source. As a result, euromicron helps small and medium-sized enterprises, large companies and public-sector organizations enhance their agility and efficiency, prevent security risks and develop new business models. As a German specialist for the Internet of Things (IoT), euromicron enables its customers to network business and production processes and successfully achieve digitization. euromicron AG generated total sales of EUR318.0 million in fiscal year 2018.

Press contact euromicron AG:
euromicron AG
Investor & Public Relations
Siemensstraße 6
63263 Neu-Isenburg
Phone: +49 69 631583-0
Fax: +49 69 631583-17
[email protected]
www.euromicron.de
ISIN DE000A1K0300
WKN A1K030