DGAP-News: Gigaset AG: Gigaset AG mourns Bernhard Riedel

Press Release
Munich, January 24, 2019

Gigaset AG mourns Bernhard Riedel
Chairman of the Supervisory Board passed away

Bernhard Riedel, Chairman of the Supervisory Board of Gigaset AG, today unexpectedly passed away in Munich. Bernhard Riedel was 57 years old.

Gigaset AG CEO Klaus Weßing on the death of Bernhard Riedel: "The news about the death of Bernhard Riedel has taken us deep. Our thoughts in this difficult times are especially with Mr. Riedel's family and his close friends. With Bernhard Riedel, Gigaset is losing not only its long-standing Chairman of the Supervisory Board, but also one of the persons who has significantly assisted and advised the change of the company during the last few years. Mr. Riedel has always been wholeheartedly committed to the company in all matters."

Bernhard Riedel has been a member of the Supervisory Board of Gigaset AG since 2005. On March 22, 2013, he took over the chairmanship.

The colleagues of the Supervisory Board Ulrich Burkhardt, Helvin Wong, Flora Shiu, Paolo Vittorio Di Fraia and Xiaojian Huang deeply regret the loss. Helvin Wong, Deputy Chairman of the Supervisory Board said: "Also our thoughts are with the family of Bernhard Riedel in this hard times. We are mourning the loss of a respected colleague, highly deserved personality for Gigaset and a precious friend."

The Supervisory Board will continue to perform its duties under the direction of the Deputy Chairman, Mr. Helvin Wong. Ms. Barbara Münch is the substitute member elected by the Annual General Meeting and henceforth member of the Supervisory Board as of today.

Gigaset is an internationally operating company in the area of communications technology. The company is Europe's market leader in DECT telephones and is likewise a leader in the international arena, with around 900 employees and sales activities in around 70 countries. Its business activities comprise not only DECT phones, but also an extensive smartphone portfolio, cloud-based smart home security solutions, and business telephony solutions for small and medium-sized enterprises (SMEs).

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