The 20th Annual General Meeting of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) has approved a dividend payment of EUR0.27 per share.

The shareholders thus followed the proposal of the Management Board and Supervisory Board. Some 2,500 participants attended the shareholders' meeting at the International Congress Center Munich. In total, the capital presence was 70.29 percent of Infineon's share capital.

Supervisory Board with new line-up

The terms of office of all employee representatives on the Supervisory Board and of six of the eight members on the side of the shareholders expired at the close of the Annual General Meeting. The new employee representatives were already elected in December 2019. For the shareholder mandates to be filled, the shareholders followed the proposals of the Supervisory Board and elected Xiaoqun Clever, Dr. Friedrich Eichiner, Dr. Ulrich Spiesshofer and Margret Suckale as new members of the Supervisory Board. In addition, the previous shareholder representatives Hans-Ulrich Holdenried and Dr. Manfred Puffer were re-elected. The mandates of Dr. Wolfgang Eder and Geraldine Picaud run until the Annual General Meetings in 2022 and 2023 respectively. Peter Bauer, Dr. Herbert Diess, Prof. Dr. Renate Kocher and Dr. Eckart Sunner are no longer members of the Supervisory Board. In future, the Supervisory Board as a whole will therefore comprise equal numbers of men and women.

'With these changes, the Supervisory Board will continue to have experienced Infineon experts and at the same time broaden its competencies,' said Dr. Wolfgang Eder, Chairman of the Infineon Supervisory Board. 'The company would like to thank Peter Bauer, Dr. Herbert Diess, Prof. Dr. Renate Kocher and Dr. Eckart Sunner, as well as the departing employee representative Gerhard Hobbach. They have all contributed with great commitment and important impetus to developing Infineon into one of the world's leading semiconductor manufacturers. On behalf of the Supervisory Board, but also personally, I would like to join them in expressing my thanks, not least to Dr. Eckart Sunner, my predecessor as Chairman of the Supervisory Board'.

Infineon to become a carbon-neutral company

Infineon will become carbon-neutral by 2030. The company presented its plans at its Annual General Meeting. Infineon is thus making an active contribution to reducing CO 2 worldwide and achieving the targets defined in the Paris Climate Agreement. The objective relates to its own greenhouse gas footprint and includes not only all direct emissions, but also indirect emissions from electricity and heat production. Emissions are to be cut by 70 percent over the 2019 levels by 2025.

Detailed information on the 2020 Annual General Meeting of Infineon Technologies AG, including the voting results of the individual items on the agenda, can be found at www.infineon.com/agm.

Further information on the Supervisory Board members are available at www.infineon.com/supervisory-board.

The press release on Infineon's plan to become carbon-neutral by 2030 is available at www.infineon.com/press/carbon-neutral.

About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2019 fiscal year (ending 30 September), the Company reported sales of EUR8.0 billion with around 41,400 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).

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