Ascom General Meeting:Proposed new Board members are all independent

Mar 25, 2020

Based on questions received, Ascom confirms that all proposed new Board members are independent from Ascom and will be non-executive members.

At the Annual General Meeting of Ascom Holding AG (SIX: ASCN), to be held on 15 April 2020, four new members are proposed for election to the Board of Directors:

  • Nicole Burth Tschudi, CEO Adecco Group Switzerland
  • Laurent Dubois, former CEO GE Healthcare Partners
  • Michael Reitermann, former Member of Managing Board Siemens Healthineers
  • Dr Andreas Schönenberger, CEO of Sanitas Krankenversicherung

None of the proposed new Board Members has a Board membership in another publicly listed company. Nicole Burth is a board member of Veraison Capital AG.

Following the election of the proposed new Board Members, the Board of Directors of Ascom Holding AG will consist of six independent and non-executive members, including Dr Valentin Chapero Rueda who is proposed to be elected as Chairman of the Board and Jürg Fedier, who will be Chairman of the Audit Committee after his election.


Attachment

This document does not constitute an offer or solicitation to subscribe for, purchase or sell any securities. This document is not being issued in the United States of America or the United Kingdom and should not be distributed in any jurisdiction in a manner where such distribution would not comply with regulatory requirements. In particular, this document may not be distributed into the United States, to United States persons or to publications with a general circulation in the United States. In addition, the securities of Ascom have not been and will not be registered in any jurisdiction outside Switzerland. The securities of Ascom may not be offered, sold or delivered and no solicitation to purchase such securities may be made within the United States or to U.S. persons absent an applicable exemption from the registration requirements of the United States securities laws or within any other jurisdiction and in a manner where such offer, sale, delivery or solicitation might not be in compliance with regulatory requirements (including the United Kingdom).