LEM appoints new head of Industry segment

PRESS RELEASE

LEM appoints new head of Industry segment

Fribourg, 28 March 2018 - LEM (SIX: LEHN), the market leader in providing innovative and high quality solutions for measuring electrical parameters, announces the appointment of Eric Chaussin as new Senior Vice President (SVP) Industry. Eric Chaussin will join LEM latest on 1 July 2018 and will succeed Frank Rehfeld who is taking over LEM's CEO position as of 1 April 2018.

Together with the management team and the employees worldwide, Eric Chaussin's objective will be to drive profitable growth in the Industry segment. His responsibilities will include the segment's global Product Management, Sales & Marketing, R&D, Quality and Operations. As a member of the Executive Management team, he will report directly to the new LEM CEO Frank Rehfeld.

"I look forward to welcoming Eric Chaussin to LEM's Executive Management team. With more than 20 years leadership experience in managing sales growth at global electronics groups, he will strongly contribute to LEM's long term success", said Andreas Hürlimann, Chairman of the Board of Directors of LEM.

Eric Chaussin (48) is currently Operations Director Europe at UTC Climate, Controls & Security in Lyon, France, a division of United Technologies Corp. Previously he held multiple leadership positions in Operations, Business Management, Sales and R&D in Europe and China at UTC, Schneider Electric and AMETEK. Eric Chaussin graduated in Industrial Management from CESI Nantes, France. He is a French national.

Financial calendar

The financial year runs from 1 April to 31 March

23 May 2018 28 June 2018 3 July 2018 5 July 2018

Year-end results 2017/18 Annual General Meeting of Shareholders for the year 2017/18 Dividend ex-date Dividend payment date

LEM - At the heart of power electronics

LEM is the market leader in providing innovative and high quality solutions for measuring electrical parameters. Its core products - current and voltage transducers - are used in a broad range of applications in drives & welding, renewable energies & power supplies, traction, high precision, conventional and green cars businesses. LEM's strategy is to exploit the intrinsic strengths of its core business, and to develop opportunities in existing and new markets with new applications. LEM is a mid-size, global company with approximately 1'520 employees worldwide. It has production plants in Beijing (China), Geneva (Switzerland), Sofia (Bulgaria) and Tokyo (Japan), and a dedicated R&D Center in Lyon (France). With regional sales offices near its customers' locations, the Company is able to offer a seamless service around the globe. LEM has been listed on the SIX Swiss Exchange since 1986; the company's ticker symbol is LEHN.

www.lem.com

For further information please contact

Andrea Borla (CFO)

Phone: [phone]

Email: [e-mail]

Press release (pdf)

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