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14 October 2016

Schweizer Electronic AG: Temporary Change in Executive Board

Schramberg, October 07, 2016 – The company was informed today that due to health rea-sons, Dr. Maren Schweizer, Chief Executive Officer of Schweizer Electronic AG, will not be available for the company until further notice, i.e. for a longer period than originally communicated in the ad hoc-release dated April 22, 2016. Since the Deputy Chairman of the Management Board, Mr. Nicolas Schweizer is currently on sick leave, the business units which belong to the areas of responsibility of Dr. Maren Schweizer and Nicolas Schweizer are being managed on an interim basis by Marc Bunz, Member of SCHWEIZER’s Executive Board.

About Schweizer:

Schweizer Electronic AG stands for state-of-the-art technology and consultancy competence. SCHWEIZER’s premium printed circuit boards and innovative solutions and services for automotive, solar, industry and avia-tion electronics address key challenges in the areas of Power Electronics, Embedding and System Cost Re-duction. Its products are distinguished for their superior quality and their energy-saving and environmentally-friendly features. Together with its partners Elekonta Marek GmbH & Co. KG, Meiko Electronics Co. Ltd. and WUS Printed Circuit Co., Ltd., the company offers in its division electronics cost- and production-optimised solutions for small, medium and large series. Together with its partner Infineon Technologies AG, SCHWEIZER plans to jointly tap the chip embedding market in future.

With about 770 employees SCHWEIZER achieved sales of 115.6 million euro in Fiscal Year 2015 (ending December). The company was founded in 1849, is managed by family members and listed at the Stuttgart and Frankfurt Stock Exchanges (ticker symbol „SCE“, „ISIN DE 000515623“).

Please visit our website: www.morethanPCBs.com

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