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    COTN   CH0360826991

COMET HOLDING AG

(COTN)
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EQS-Adhoc : Changes on the Board of Directors of Comet Holding AG

03/24/2021 | 12:34am EDT
EQS Group-Ad-hoc: Comet Holding AG / Key word(s): Personnel 
Changes on the Board of Directors of Comet Holding AG 
24-March-2021 / 06:30 CET/CEST 
Release of an ad hoc announcement pursuant to Art. 53 KR 
The issuer is solely responsible for the content of this announcement. 
=---------------------------------------------------------------------------------------------------------------------- 
The Board of Directors proposes Tosja Zywietz and Thilo von Selchow to the shareholders for election to the Board of 
Directors. Rolf Huber has opted not to stand for re-election at the Annual General Meeting on April 22, 2021. 
The Board of Directors of Comet Holding AG has nominated two candidates, Tosja Zywietz and Thilo von Selchow, for 
election to the Board of Directors to succeed Rolf Huber who, after 13 years, no longer wishes to stand for 
re-election. With this step, the Board also aims to expand by one to become a six-member body. These nominations are 
the outcome of a thorough search process that is part of the Board of Directors' long-term succession planning. 
Broad international experience and connectivity in the semiconductor and electronics markets 
Tosja Zywietz, born in 1971, is COO and in charge of global business operations at the German company Sick AG, offering 
the world's leading sensor intelligence for secure, safe and efficient control of processes, since January 2020. Prior 
to that assignment he held various management positions at the global technology company Rosenberger 
Hochfrequenztechnik GmbH & Co. KG, which he ultimately led as CEO, and at Boston Consulting Group GmbH in Germany and 
Great Britain. Zywietz also gained valuable experienced from his own medical technology firm Biosigna GmbH which 
developed an algorithm-based system for evaluating vital signs in clinical trials, and was then successfully sold to 
Cardinal Health in the United States. Zywietz has extensive experience in technical and operational management. 
The 49-year-old German citizen earned his doctoral degree in physical chemistry from the University of Göttingen, 
culminating his studies in theoretical physics with a doctoral degree at the Fritz Haber Institute of the Max Planck 
Society in Berlin. 
Thilo von Selchow, born in 1962, led Zentrum Mikroelektronik Dresden AG (ZMD) for 17 years. As CEO and President from 
1999 to 2016, he transformed the ailing formerly state-run business into a growing global firm focused on analog 
mixed-signal semiconductors and drove its expansion into Asia. Prior to that, he also served at Heikamp & Thumann 
Gruppe as CEO of their Battery Components Product Group, at Truelove & McLean Inc. in Connecticut in the United States, 
and as investment manager with Beteiligungsanstalt für den Mittelstand AG (BfM AG) in Munich. 
Thilo von Selchow studied mechanical engineering and business administration at the University of Munich, completing 
his studies with the German Diplom-Kaufmann degree in business administration. He also studied at Harvard Summer School 
in Boston in the United States. The 59-year-old German citizen is currently managing director of Thilo von Selchow 
GmbH. As lead investor European Angel Fund, Thilo von Selchow is involved in numerous innovative tech startups, some of 
which he also supports in an advisory capacity. He is also a member of the Industry Advisory Board of the Fraunhofer 
Society Group for Microelektronics and serves as honorary Chairman of the Shareholders' Committee of Johanniter GmbH. 
The Board of Directors expresses their sincere gratitude to Rolf Huber for serving on the Board of Directors of Comet 
Holding AG since 2008. Rolf Huber has long chaired the Compensation and Remuneration Committee. He has also served as 
Vice Chairman of the Board of Directors, and played a significant role in the last two years in helping to realign the 
company. The Board of Directors wishes Rolf Huber all the best in his future professional pursuits and private life. 
Subject to his election, Thilo von Selchow will be proposed as new member of the Nomination and Compensation Committee. 
'Comet is on the move,' states Heinz Kundert, Chairman of the Board of Directors of Comet Holding AG. 'With Tosja 
Zywietz and Thilo von Selchow, we're bringing aboard two distinguished powerhouses with decades of experience and 
impressive track records in the fields of semiconductors, electronics and sensor technology that are so important to 
Comet. Both of these candidates are extremely well networked in the industry. They bring ideal credentials to the table 
for continuing and expanding the successful course we've charted, and for utilizing the full potential that the digital 
transformation offers Comet.' 
=---------------------------------------------------------------------------------------------------------------------- 
End of ad hoc announcement 
=---------------------------------------------------------------------------------------------------------------------- 
Language:     English 
Company:      Comet Holding AG 
              Herrengasse 10 
              3175 Flamatt 
              Switzerland 
Phone:        +41 31 744 90 00 
E-mail:       info@comet.tech 
Internet:     www.comet.tech 
ISIN:         CH0360826991 
Valor:        36082699 
Listed:       SIX Swiss Exchange 
EQS News ID:  1177801 
 
End of Announcement EQS Group News Service 
=------------ 

1177801 24-March-2021 CET/CEST

(END) Dow Jones Newswires

March 24, 2021 01:33 ET (05:33 GMT)

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Financials
Sales 2021 458 M 496 M 496 M
Net income 2021 47,2 M 51,1 M 51,1 M
Net cash 2021 38,6 M 41,8 M 41,8 M
P/E ratio 2021 38,7x
Yield 2021 0,68%
Capitalization 1 907 M 2 067 M 2 065 M
EV / Sales 2021 4,08x
EV / Sales 2022 3,47x
Nbr of Employees 1 403
Free-Float 94,2%
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Mean consensus BUY
Number of Analysts 5
Average target price 269,25 CHF
Last Close Price 245,50 CHF
Spread / Highest target 16,1%
Spread / Average Target 9,67%
Spread / Lowest Target 4,68%
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Managers and Directors
NameTitle
Kevin Timothy Crofton Chief Executive Officer
Elisabeth Pataki Chief Financial Officer
Heinz Kundert Non-Executive Chairman
Keighley Peters Chief Information Officer
Patrick Jany Independent Director
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