Infineon Supervisory Board will hold general election

Dr. Eder, the current chairman of the Supervisory Board of Infineon, said: "Now is a good time to re-elect the members of the Supervisory Board. First, Infineon spent US$10 billion to acquire Cypress, completing the largest merger and acquisition in Infineon's history. Currently, Cypress and Infineon have successfully merged. Secondly, the new Management Board team, under the leadership of Jochen Hanebeck, has done an excellent job. Looking back on the most successful financial year in the company's history, we have made various strategic decisions together. And re-set the target operating model and make long-term plans for Infineon's future development route. I am very happy to contribute to Infineon's success at such a decisive stage. The restructuring of the Supervisory Board (without age restrictions) is of great significance and I will not be re-elected. Given the extremely challenging environment Infineon currently faces, I am pleased that Dr. Herbert Diess will be my successor and he is very positive about Infineon. Ling is very knowledgeable about the industry and is an ideal candidate. ”

Dr. Diess said: "The increasing performance and productivity of the semiconductor industry are driving the rapid advancement of new technologies in various fields. Infineon occupies a special position in the global market. With Infineon's power semiconductors, people can use wind and solar energy to generate electricity. , convert it into environmentally friendly green electricity, and distribute, convert and use this electricity to create high efficiency and economic value. Infineon's sensors and microcontrollers allow equipment to interact with the surrounding environment and also Making the world more interconnected and intelligent will pave the way for the future development of mobility. The two major development trends of low-carbonization and digitalization have also brought important growth opportunities to Infineon as a solution provider. " ​ ​

Jochen Hanebeck, CEO of Infineon Technologies AG, said: “Climate change is an important challenge of our time, and decarbonization and digitalization are key to meeting this challenge. To ensure that Infineon continues to make its contribution in this regard, On behalf of the entire Management Board, I would like to express my sincere gratitude to Dr. Wolfgang Eder and Mr. Hans-Ulrich Holdenried for their fruitful cooperation and the contributions they have given us. Valuable trust. We are also very pleased to see Dr. Herbert Diess and Mr. Klaus Helmrich as candidates. They are both recognized experts on important issues that determine the future development of Infineon’s business .”