EQS-News: ams-OSRAM AG: CFO Ingo Bank does not plan to extend his contract beyond April 2023 for personal reasons

EQS-News: ams-OSRAM AG / Key word(s): Contract/Personnel
   ams-OSRAM AG: CFO Ingo Bank does not plan to extend his contract beyond
   April 2023 for personal reasons

   07.10.2022 / 17:45 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   CFO Ingo Bank does not plan to extend his contract beyond April 2023 for
   personal reasons

   Premstaetten, Austria and Munich, Germany (7 October 2022) – Ingo Bank,
   Chief Financial Officer of [1]ams OSRAM (SIX: AMS), has informed the
   Supervisory Board that for personal reasons he does not plan to extend his
   contract as member of the Management Board beyond April 2023.

   Supervisory Board and Management Board take note of this decision with
   great regret. The Supervisory Board will swiftly commence the necessary
   steps to prepare a succession for the position in the Management Board as
   of May 2023.

   Ingo Bank joined former ams AG as CFO of OSRAM Licht AG (OSRAM) on 1 May
   2020. Since then he has offered key contributions to the successful
   integration of ams and OSRAM as well as the realignment of both companies’
   combined portfolio. Furthermore, the successful refinancing of the group
   provided an important foundation for continuing profitable growth.

   „As CFO, Ingo Bank navigated our company through a demanding environment
   in the last years. His contribution to bringing the cultures of ams and
   OSRAM together will remain a lasting value. I would like to thank Ingo
   Bank for his strong commitment to the company. At the same time, I respect
   his decision and have deep appreciation for his personal life planning“,
   commented Dr Margarete Haase, Chairwoman of the Supervisory Board of ams
   OSRAM.

    

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   About ams OSRAM  

   The ams OSRAM Group (SIX: AMS) is a global leader in optical solutions. By
   adding intelligence to light and passion to innovation, we enrich people’s
   lives. This is what we mean by Sensing is Life. 

   With over 110 years of combined history, our core is defined by
   imagination, deep engineering expertise and the ability to provide global
   industrial capacity in sensor and light technologies. We create exciting
   innovations that enable our customers in the consumer, automotive,
   healthcare and industrial sectors maintain their competitive edge and
   drive innovation that meaningfully improves the quality of life in terms
   of health, safety and convenience, while reducing impact on the
   environment. 

   Our around 24,000 employees worldwide focus on innovation across sensing,
   illumination and visualization to make journeys safer, medical diagnosis
   more accurate and daily moments in communication a richer experience. Our
   work creates technology for breakthrough applications, which is reflected
   in over 15,000 patents granted and applied. Headquartered in
   Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
   the group achieved over EUR 5 billion revenues in 2021 and is listed as
   ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).

   Find out more about us on [2]https://ams-osram.com  

   ams is a registered trademark of ams-OSRAM AG. In addition many of our
   products and services are registered or filed trademarks of ams OSRAM
   Group. All other company or product names mentioned herein may be
   trademarks or registered trademarks of their respective owners.  

   Join ams OSRAM social media channels: [3]>Twitter  [4]>LinkedIn 
   [5]>Facebook  [6]>YouTube 

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   07.10.2022 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

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   Language:    English
   Company:     ams-OSRAM AG
                Tobelbader Straße 30
                8141 Premstaetten
                Austria
   Phone:       +43 3136 500-0
   E-mail:      investor@ams-osram.com
   Internet:    https://ams-osram.com/
   ISIN:        AT0000A18XM4
   WKN:         A118Z8
   Listed:      Regulated Unofficial Market in Dusseldorf, Frankfurt, Munich,
                Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock Exchange
                (Vienna MTF)
   EQS News ID: 1459539


    
   End of News EQS News Service


   1459539  07.10.2022 CET/CEST

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