Günter Hoppe to retire - Daniel Wäger to become the new Chief Financial Officer of Micronas

Zurich, (PresseBox) - Micronas announced today that Günter Hoppe, the CFO of Micronas, will retire as planned as at November 1, 2014. His successor, Daniel Wäger, will take office until November 1, 2014.

Daniel Wäger will take over as Chief Financial Officer of Micronas (SIX Swiss Exchange: MASN) on November 1, 2014 at the latest. In the years from 1999 to 2006 he was working for several companies of the Schott group, as from 2001 as Vice President Finance of Schott Pharmaceutical Systems. Recently, the 49 year old Swiss citizen was the Chief Financial Officer of Benninger group (2006 to 2008) and Wärtsilä Switzerland Ltd (2008 to 2014). "With his international background Mr. Wäger will complement our management team very well. We are very much looking forward to working together with him", says Heinrich Kreutzer, Chairman of the Board of Directors of Micronas.

Günter Hoppe, Micronas' Chief Financial Officer, will retire having worked more than 17 years for Micronas. "We thank Mr. Hoppe for his excellent work and his long-standing loyal engagement for Micronas. His professional and personal skills were outstanding and made him a very competent Chief Financial Officer. We wish him all the best and good health for his well-deserved retirement", add Matthias Bopp, CEO, and Heinrich Kreutzer, Chairman of the Board of Directors of Micronas.

Disclaimer

This press release contains forward-looking statements, such as projections, forecasts and estimates. Such forward-looking statements are dependent on certain risks and uncertainties which may cause actual results, performance or events to differ materially from those anticipated in this press release. The forward-looking statements contained in this press release are based on Micronas' views and assumptions as of this date and Micronas does not assume any obligation to update or revise this press release. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction.

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Micronas

Micronas (SIX Swiss Exchange: MASN) is known and recognized in the automotive and industrial business as a reliable global partner for intelligent, sensor-based system solutions. Micronas offers a variety of Hall sensors and embedded controllers for smart actuators for automotive and industrial applications, such as drive trains, chassis frames, engine management and convenience functions.

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