PRESS RELEASE : Osram well equipped for the future thanks to efficient management

DGAP-News: OSRAM Licht AG / Key word(s): AGM/EGM 
Osram well equipped for the future thanks to efficient management 
2021-02-23 / 10:00 
The issuer is solely responsible for the content of this announcement. 
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- Management Board guides Osram safely through the corona crisis 
- Positive business development in sight for 2021 
- New members to join Osram's Supervisory Board 
- Company to synchronize fiscal year to calendar year 
Osram has set its course to become the uncontested world market leader in photonics and sensor solutions in combination 
with ams. The last few months have confirmed that Osram's long-term strategy is the right one. "The past fiscal year 
has shown that despite the difficult conditions caused by the corona crisis we have put our faith in the right products 
and solutions. This is reflected in the excellent results achieved in the first quarter," said Olaf Berlien, CEO of 
OSRAM Licht AG. "The record margin achieved by our semiconductor business confirms that expansion of production was an 
important step in the right direction." 
At today's Annual General Meeting, the shareholders will vote on the appointment of Christin Eisenschmid (Intel 
Germany) and Ulrich Huewels (ams AG) to the Supervisory Board. The agenda also includes synchronizing the fiscal year 
with the calendar year from 2022 onward and voting by the shareholders on the remuneration systems for the Management 
Board and Supervisory Board. 
Osram's management responded to the global corona pandemic with prompt and efficient measures. The company consequently 
achieved very good results in the first quarter. Management therefore raised the fiscal year guidance at the end of 
January. "Osram is embarking on a shared future with ams as a company in robust health. Osram was, is and will remain a 
great success for its shareholders," said Kathrin Dahnke, CFO of OSRAM Licht AG. 
"I would like to thank Olaf Berlien for his tireless commitment to the realignment of Osram," said Thomas Stockmeier, 
Chairman of Osram's Supervisory Board. "Together with my predecessor Peter Bauer, he laid the foundation for a 
successful company in combination with ams." CEO Olaf Berlien will leave Osram on February 28 by mutual agreement. He 
will be succeeded by Ingo Bank, who will assume the role of Osram CEO in addition to his role as CFO of ams AG. 
Osram will be holding its Annual General Meeting on February 23, 2021 as a virtual meeting. The main topics of the 
speeches of the Chairman of the Supervisory Board and the Managing Board as well as further information can be found 
here: https://www.osram-group.com/en/investors/annual-meeting 
 
PRESS CONTACTS 
Jens Hack 
Phone [phone] 
Email: [e-mail] 
Susanne Enninger 
Phone [phone] 
Email: [e-mail] 
 
ABOUT OSRAM 
OSRAM, based in Munich, is a leading global high-tech company with a history dating back more than 110 years. Primarily 
focused on semiconductor-based technologies, our products are used in highly diverse applications ranging from virtual 
reality to autonomous driving and from smartphones to smart and connected lighting solutions in buildings and cities. 
OSRAM uses the endless possibilities of light to improve the quality of life for individuals and communities. OSRAM's 
innovations enable people all over the world not only to see better, but also to communicate, travel, work and live 
better. OSRAM had approximately 21,000 employees worldwide as of end of fiscal 2020 (September 30) and generated 
revenue of around three billion euros from continuing activities. The company is listed on the stock exchanges in 
Frankfurt and Munich (ISIN: DE000LED4000; WKN: LED 400; trading symbol: OSR). Additional information can be found at 
www.osram.com. 
Disclaimer 
This document contains statements and information pertaining to our future business and financial performance and 
future developments that may constitute forward-looking statements - i.e. statements about processes that take place in 
the future, not in the past. These statements pertaining to the future can be identified by expressions such as 
"anticipate", "expect", "want", "intend", "plan", "believe", "aspire", "estimate", "will", "predict" or words of 
similar meaning. Such statements are based on current expectations and certain assumptions of OSRAM?s management. They 
are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond OSRAM's 
control, affect OSRAM's operations, performance, business strategy and results and could cause the actual results, 
performance or achievements of OSRAM to be materially different from any future results, performance or achievements 
that may be expressed or implied by such forward-looking statements or anticipated on the basis of historic trends. 
These factors include in particular, but are not limited to, the matters described in the chapter "Report on Risks and 
Opportunities" in the Annual Report of OSRAM Licht Group. Should one or more of these risks or uncertainties 
materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of OSRAM may 
vary materially from those described in the relevant forward-looking statement as being expected, anticipated, 
intended, planned, believed, sought, estimated or projected. OSRAM neither intends, nor assumes any obligation, to 
update or revise these forward-looking statements in light of developments which differ from those anticipated. Due to 
rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and 
percentages may not precisely reflect the absolute figures they reference. 
 
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2021-02-23 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
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Language:     English 
Company:      OSRAM Licht AG 
              Marcel-Breuer-Straße 6 
              80807 München 
              Germany 
Phone:        [phone] 
Fax:          [phone] 
E-mail:       [e-mail] 
Internet:     www.osram-group.com 
ISIN:         DE000LED4000 
WKN:          LED400 
Indices:      MDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, 
              Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange 
EQS News ID:  1170067 
 
End of News   DGAP News Service 
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1170067 2021-02-23

(END) Dow Jones Newswires

February 23, 2021 04:01 ET (09:01 GMT)