Lawsuit with Sommer administratior amicably settled

Gigaset AG as defendant and the insolvency administrator appointed over Sommer Road Cargo Solutions GmbH & Co. KG ("Sommer") as claimant have today amicably settled their lawsuit which was pending from January 2013.

Capital increase out of authorized capital and issuance of convertible bond -
backstop investor available subject to condition that investor achieves 30% of share capital – takeover bid expected

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Gigaset obtains 10.4 million EUR financing commitment

Gigaset Communications GmbH, an affiliate of Gigaset AG, has today entered into a EUR 10.4 million bridge financing agreement with a syndicate led by Deutsche Bank AG.

Ad hoc release: Member of Gigaset AG Supervisory Board resigns for personal reasons

The Executive Board of Gigaset AG has been informed today that Dr. Dr. Peter Löw will resign from his position as Member of the Supervisory Board for personal reasons.

Ad hoc release: Supervisory board elects Bernhard Riedel as new chairman

In today’s meeting the Supervisory Board of Gigaset AG unanimously elected Mr. Bernhard Riedel as the new chairman.

In this role Mr. Riedel succeeds Rudi Lamprecht, who resigned for private and personal reasons.

Ad hoc release: Chairman of Gigaset AG Supervisory Board resigns for personal reasons

Rudi Lamprecht, Member of the Gigaset AG Supervisory Board since June 10, 2011 and Chairman of the Supervisory Board, will resign his position as Chairman of the Supervisory Board for purely personal and private reasons and leave the Supervisory Board on March 15, 2013.

Ad hoc release: Administrator of a former affiliate of ARQUES Industries AG

Gigaset AG learned today that the administrator appointed for Sommer Road Cargo Solutions GmbH & Co. KG (“Sommer”) has filed a lawsuit against Gigaset AG and its former Executive Board member Dr. Martin Vorderwülbecke, claiming payment of 3 million euros from the defendants as joint and several debtors.

Ad hoc release: Agreement on staff reduction

Gigaset Group today terminated a general agreement with the employee representatives to cut 279 jobs at the Munich and Bocholt locations.

Gigaset AG publishes preliminary figures for the second quarter of 2012

Due to ongoing market share gains, Gigaset AG expects almost stable revenues of EUR 93.441 million (Q2 2011: EUR 95.371 million) from continuing operations in the second quarter of 2012 according to preliminary calculations.

Arbitration filed against Gigaset AG based on 2006 transaction

Evonik Degussa GmbH ("Evonik") has filed arbitration proceedings against Gigaset AG ("Gigaset") at the Deutsche Institution für Schiedsgerichtsbarkeit e. V. (German Institution of Arbitration) and demands payment of a penalty of 12 million by Gigaset on the basis of a contract entered into in 2006.