Ascom General Meeting:Proposed new Board members are all independent

March 25, 2020

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

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.

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