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Cicor mourns the death of Chairman Heinrich J. Essing Montag, 02. November 2020 - 07:00

Press release

Cicor mourns the death of Chairman Heinrich J. Essing

Bronschhofen, November 2, 2020 - The Board of Directors of Cicor Technologies Ltd. (SIX Swiss Exchange: CICN) has the painful obligation to inform that the current Chairman Heinrich J. Essing has passed away unexpectedly.

Heinrich J. Essing joined Cicor's Board of Directors in 2009 and was its Chairman since 2015. During his term of office, he made significant contributions to Cicor's development into a high-growth and profitable company. Cicor has benefited in particular from his connections to international financial institutions as well as his expertise in real estate matters.

In Heinrich J. Essing, Cicor has lost an extremely loyal and committed Chairman and a highly esteemed person.

The current Vice Chairman, Robert Demuth, will take over the position as Chairman of the Board of Directors for the remaining period of office until the next ordinary General Assembly. The further course of business and the strategic orientation of the Cicor Group will therefore remain unaffected.

The Board of Directors, the Group Management and the employees of the Cicor Group express their sincere and heartfelt condolences to the relatives of Heinrich J. Essing and will keep him in grateful memory as a committed Chairman of the Board.

Contact:

Robert Demuth

Alexander Hagemann

Chairman of the Board of Directors

CEO

Tel. +41 71 913 73 00

Tel. +41 71 913 73 00

E-mail: media@cicor.com

E-mail: media@cicor.com

Cicor Management AG

Gebenloostrasse 15

9552 Bronschhofen

Switzerland

The Cicor Group is a globally active development and manufacturing partner with innovative technology solutions for the electronics industry. With about 1900 employees at ten production sites, Cicor offers highly complex printed circuit boards, hybrid circuits and printed electronics as well as comprehensive electronic manufacturing services (EMS) including microelectronic assembly and plastic injection molding. Cicor supplies customized products and services from design to the finished product from one source. The shares of Cicor Technologies Ltd. are listed on the SIX Swiss Exchange (CICN). For further information please visit the website www.cicor.com.