OSRAM LICHT AG www.osram.com
Convenience translation from the German language 1/19
Annual General Meeting of
OSRAM Licht AG
Speech of
Dr. Thomas Stockmeier
Chairman of the Supervisory Board of OSRAM Licht AG
World of Light, Munich, February 23, 2021
The speech delivered during the Annual General Meeting on February 23, 2021 may deviate from this manuscript. Check against delivery on the day of the general meeting. The spoken word takes precedence.
This document has been issued for information purposes only and is not intended to constitute an investment advice or an offer to sell or a solicitation to an offer to buy any securities.
OSRAM Licht AG
Marcel-Breuer-Straße 6, 80807 München, Deutschland
www.osram.com
Convenience translation from the German language 2/19
Ladies and gentlemen,
I would now like to report on the work of the Supervisory Board over the past fiscal year. As you know, I took over the role of chairman of the Supervisory Board from Peter Bauer in December.
On behalf of the Supervisory Board and the employees, I would like to begin by extending my warmest thanks to Peter Bauer. With his extensive expertise, prudence, skill, and extraordinary dedication, Peter Bauer has been an invaluable asset to OSRAM since summer 2013.
He joined the Company as a member of the Supervisory Board, becoming its chairman at the end of 2013.
OSRAM Licht AG
Marcel-Breuer-Straße 6, 80807 München, Deutschland
www.osram.com
Convenience translation from the German language 3/19
During his period in office, a number of important decisions have had to be made concerning the transformation of OSRAM.
Expanding the technological expertise of the Company was always one of his top priorities, and he was instrumental in the decision to withdraw from traditional general lighting and invest in the opto semiconductors business.
It is largely thanks to Peter Bauer that OSRAM is in a good position today to share in the growth of the optics and sensors markets.
Throughout his tenure, he always showed great understanding for the concerns of the workers and their representatives. This enabled a very cooperative and open culture of discussion within the Supervisory Board, which will of course continue in the future.
OSRAM Licht AG
Marcel-Breuer-Straße 6, 80807 München, Deutschland
www.osram.com
Convenience translation from the German language 4/19
On behalf of the Supervisory Board, I would therefore like to sincerely thank Peter Bauer for all he has done at and for OSRAM.
Ladies and gentlemen,
As for many companies, 2020 was a challenging year for OSRAM. The COVID 19 pandemic triggered an economic crisis and we were forced to react with a variety of special measures.
Of course, the response of the Company to this crisis in all its dimensions occupied a good deal of the Supervisory Board's time.
Today, we can say that OSRAM has coped well with the challenge so far. This is true not only of the Company's financial resilience, but also in terms of the health of its employees. Mr. Berlien will report on this in more detail shortly. It is clear that management and
OSRAM Licht AG
Marcel-Breuer-Straße 6, 80807 München, Deutschland
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OSRAM Licht AG published this content on 23 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 February 2021 19:23:03 UTC.
