Ad hoc: Olaf Berlien new Chief Executive Officer of Osram

2014/11/05

In today’s meeting, the supervisory board of OSRAM Licht AG has appointed Olaf Berlien as new chief executive officer (CEO). Berlien, 52, will take over his new function in January 2015. At the same time, Wolfgang Dehen will leave the company at his own request and by amicable agreement. “Wolfgang Dehen has managed Osram’s stock market listing extraordinary well and has also navigated the company through a so far unparalleled technological change in the lighting industry. He has positioned Osram for a successful future. We would like to express our great thanks and deep appreciation,” said Peter Bauer, chairman of the supervisory board.

Olaf Berlien is currently CEO of M+W Group GmbH. Before that, he served as CEO of the Technologies division at Essen-based ThyssenKrupp AG. This division included, among others, the elevator and automotive segments as well as the engineering activities. Under Berlien’s supervision, the division became the company’s most successful business unit. Prior to this, Berlien was member of the managing board at Carl Zeiss AG from 1996 until 2002. He started his career at IBM and holds a doctorate degree from the Technical University Berlin.

„With Olaf Berlien, we were able to recruit a manager and strategist who has a comprehensive expertise with regard to rapidly changing technological markets. Therefore, the supervisory board unanimously believes that he is the ideal candidate to lead Osram into a successful future,” said Peter Bauer. Due to his experience, Berlien will also take over the duties of a chief technology officer.

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, electronic control gear and opto semiconductors such as light-emitting diodes (LED) – as well as luminaires, light management systems and lighting solutions. OSRAM has around 34,000 employees worldwide and generated revenue of more than €5.1 billion in fiscal 2014 (ended September 30). The company's business activities have been focusing on light – and hence on quality of life – for over 100 years. The company was listed on the stock exchanges in Frankfurt and Munich on July 8, 2013 (ISIN: DE000LED4000; WKN: LED 400; Trading symbol: OSR).
Additional information can be found at www.osram-group.com

DISCLAIMER

This document contains statements and information pertaining to our future business and financial performance and future developments that may constitute forward-looking statements – 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 words of similar meaning. Such statements are based on current expectations and certain assumptions of OSRAM‟s management. They are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond OSRAM‟s control, affect OSRAM‟s operations, performance, business strategy and results and could cause the actual results, performance or achievements of OSRAM to be material different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or anticipated on the basis of historic trends. These factors include in particular, but are not limited to, the matters described in the chapter “Report on Opportunities and Risks” in the Annual Report of OSRAM Licht Group for fiscal 2013. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of OSRAM may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected. OSRAM neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures they reference.