Press Release: Komax Holding AG: Changes to the Board of Directors and Executive Committee

Komax Holding AG / Komax Holding AG: Changes to the Board of Directors and Executive Committee . Processed and transmitted by Nasdaq OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement.

As part of the company's long-term succession planning, there are a number of upcoming changes to the Board of Directors and Executive Committee of Komax Holding AG. Leo Steiner will not be standing for re-election as Chairman of the Board of Directors at the next Annual General Meeting of Komax Holding AG on 8 May 2015. In addition, Hans Caspar von der Crone will be stepping down from the Board of Directors with effect from the end of this AGM. Instead the Board of Directors will propose to the AGM the election of Beat Kaelin - the current CEO - as both member and Chairman. Matijas Meyer, currently Head of the Wire business unit, will become CEO of the Komax Group.

As part of the company's long-term succession planning, Leo Steiner, Chairman of the Board of Directors since 2007, will not be standing for re-election as Chairman at the next Annual General Meeting. Similarly, Hans Caspar von der Crone, a member of the Board of Directors since 1997, will be stepping down with effect from the end of this AGM. The Board of Directors would like to express its warm thanks to both individuals for their significant contribution to the company's development, their decisive impact, and their extremely valuable collaboration over a period of many years. At the express request of the Board of Directors, and subject to election by the AGM, Leo Steiner will remain a Board member.

The Board of Directors will be proposing to the AGM of 8 May 2015 the election of Beat Kaelin (57) as new member and Chairman of the Board of Directors. Beat Kaelin has been CEO of the Komax Group since 2007. Accordingly, and subject to his election by the Annual General Meeting, he will step down as CEO of Komax and restrict his activity to the role of Chairman of the Board. The Board of Directors would like to thank Beat Kaelin for his highly successful management contribution, and is pleased that he will continue to contribute to the company's success as Chairman of the Board.

The Board of Directors has appointed Matijas Meyer (44) to succeed Beat Kaelin as CEO. Matijas Meyer will assume the chair of the Executive Committee on 11 May 2015. With a degree in engineering from ETH Zurich and an MBA from Cranfield University (UK), Matijas Meyer joined Komax in 2007. He was initially head of the Komax site in Rousset (France), before assuming management responsibility for the Wire business unit in 2010. Under his leadership, the sales of this business unit have developed very positively, with impressively high profitability.

The Board of Directors is delighted to have found in Beat Kaelin and Matijas Meyer two highly proficient personalities whose experience and familiarity with Komax give them the perfect foundation for contributing to the dynamic further development of the company and positioning it sustainably as a leading technology group. As an additional benefit, their appointment will secure continuity at the most senior company level.

For further information, please contact:

Marco Knuchel Phone +41 41 455 06 16 Head Investor Relations / Corporate marco.knuchel@komaxgroup.com Communications

The Komax Group is a global technology company that focuses on markets in the automation sector. As a leading manufacturer of innovative and high-quality solutions for the wire processing industry and systems for the assembly of self-medication instruments, Komax helps its customers implement economical and safe manufacturing processes, especially in the automotive supply and pharmaceutical sectors. The Komax Group employs around 1 500 people worldwide and provides sales and service support via subsidiaries and independent agents in around 60 countries.

The media release can be downloaded from the following link:

Media release (PDF): http://hugin.info/100418/R/1894906/671918.pdf

This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Komax Holding AG via Globenewswire

HUG#1894906

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Komax Holding AG

Industriestrasse 6 Dierikon-LU Switzerland

WKN: 1070215 ;ISIN: CH0010702154;

http://www.komax.ch (END) Dow Jones Newswires

   February 17, 2015 01:00 ET (06:00 GMT)- - 01 00 AM EST 02-17-15