Osram is independent

2013/07/05

World’s largest pure-play lighting company goes public

The spin-off of OSRAM Licht AG from Siemens is effective as of today with the final entry in the Commercial Register. Osram is now officially independent. The world’s largest pure-play lighting company is going public on the stock exchange with this move. As an integrated lighting expert, Osram offers the entire spectrum from LED chip to lamp, luminaire and all the way up to complex lighting solutions.

The spin-off is made on the basis of the Spin-Off and Acquisition Agreement of November 28, 2012, authorized by the general meetings of Siemens on January 23, 2013 and of OSRAM Licht AG on January 21, 2013. Before the day is out, all shares of OSRAM Licht AG are to be admitted to the regulated market of the Frankfurt and Munich Stock Exchanges, as well as to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard) of the Frankfurt Stock Exchange. Trading of OSRAM Licht AG shares will commence on July 8, 2013, under the ticker symbol “OSR” (WKN: LED400; ISIN: DE000LED4000). The overall capital stock of OSRAM Licht AG is divided into more than 100 million shares. A good 80 percent of these will today be allotted to the current Siemens shareholders at a ratio of 10:1; that is, the given shareholder will receive one new Osram share for every ten Siemens shares.

Osram, as an integrated lighting expert, is the leader along many stages of the value chain, in traditional as well as in new technologies. The company generates more than 70 percent of its revenue with energy-efficient products. LED-based products today already account for more than 25 percent of overall revenue.

ABOUT OSRAM

OSRAM of Munich, Germany is one of the two leading light manufacturers in the world. The company's portfolio covers the entire value chain from components – including lamps, opto semiconductors like light-emitting diodes (LED) – to electronic control gears as well as complete luminaires, light management systems and lighting solutions. OSRAM has around 39,000 employees worldwide and generated revenue of 5.4 billion Euros in fiscal year 2012 (ended September 30, 2012). More than 70 percent of its revenue comes from energy-efficient products. The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. Additional information can be found in the internet at www.osram-group.com

DISCLAIMER

This document contains statements and information pertaining to the future – i.e. statements about processes that take place in the future, not in the past. These statements pertaining to the future can be identified by expressions such as "anticipate", "expect", "want", "intend", "plan", "believe", "aspire", "estimate", "will”, "predict" or similar terms. Such statements are based on today’s expectations and certain assumptions by OSRAM management. They are therefore subject to several risks and uncertainties. A large number of factors, of which several are not part of OSRAM’s responsibility, have an impact on business activities, success, business strategy and results of OSRAM. These factors may lead to the actual results, success and achievements of OSRAM differing significantly from the details regarding results, success and achievements explicitly and implicitly stated in the statements pertaining to the future.