Ad Hoc Release

TEPCO Power Grid Signs Services and Advanced Metering Contract with Landis+Gyr

Cham, Switzerland - June 8, 2021 - Landis+Gyr Japan K.K., a subsidiary of Landis+Gyr Group AG (SIX: LAND), and TEPCO Power Grid, Inc. have signed an agreement whereby Landis+Gyr will continue to provide Command Center maintenance with deployment of its replacement for the world's largest AMI system with 28.4 million meters installed. Under the terms of the agreement, Landis+Gyr Japan K.K. will have an 8-year-business including a 5-year-contract after completing its replacement.

About Landis+Gyr

Landis+Gyr is a leading global provider of integrated energy management solutions for the utility sector. Offering one of the broadest portfolios, we deliver innovative and flexible solutions to help utilities solve their complex challenges in Smart Metering, Grid Edge Intelligence and Smart Infrastructure. With sales of USD 1.4 billion in FY 2020, Landis+Gyr employs more than 5,000 people in over 30 countries across five continents, with the sole mission of helping the world manage energy better. For more information, please visit our website www.landisgyr.com.

Media Contact

Melissa van Anraad

Eva Borowski

Head of PR

SVP Investor Relations & Corporate Communications

Phone +41 41 935 63 98

Phone +41 41 935 6396

Melissa.vanAnraad@landisgyr.com

Eva.Borowski@landisgyr.com

Investor Contact

Christian Waelti

Head of Investor Relations

Phone +41 41 935 6331

Christian.Waelti@landisgyr.com

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Landis&Gyr Group AG published this content on 08 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 June 2021 05:02:02 UTC.