Schramberg, April 9, 2020 - The Supervisory Board of Schweizer Electronic AG decided within todays Supervisory Board Meeting to appoint Mr Nicolas-Fabian Schweizer as the new Chairman of the Executive Board and Mr Marc Bunz as Deputy Chairman of the Executive Board.

Mr Nicolas-Fabian Schweizer has been a member of the Executive Board since 2011 and Mr Marc Bunz since 2010. The Supervisory Board thereby expresses its trust and appreciation to a long time proven team. The Supervisory Board is convinced that it has concluded the right decision with regard to both the major investment in China and the current challenging situation to overcome the Corona crisis.

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 WUS Printed Circuit (Kunshan) Co., Ltd., Meiko Electronics Co. Ltd. and Elekonta Marek GmbH & Co. KG 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.

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