Changes in the Supervisory Board of MOBOTIX and acquisition of shares by Management Board members

Kunihiro Koshizuka, a long-standing member of the Supervisory Board of MOBOTIX AG, has declared his resignation effective from the end of April 30, 2019. Mr. Koshizuka informed the Management Board of MOBOTIX AG of this decision. He has been a member of the Supervisory Board of MOBOTIX AG since May 2016. An application for the appointment of a successor has been filed with the competent court.

The Supervisory Board and the Management Board would like to thank Mr. Koshizuka for his many years of commitment to MOBOTIX AG.

 

The Management Board members acquired MOBOTIX AG shares from private resources in August 2018 in order to express its confidence in the future development of the company. Based on the employee participation program introduced in March 2018, the Supervisory Board of MOBOTIX AG granted the Management Board of MOBOTIX AG the allocation of shares from MOBOTIX AG's own holdings. As a result, the Management Board was allocated corresponding shares on April 4, 2019.