Annual General Meeting elects new Supervisory Board and confirms “Gigaset 2015” strategy

Munich, August 14, 2013. Around 180 shareholders, shareholder representatives and guests gathered at the Old Congress Hall in Munich for the Gigaset AG Annual General Meeting. The investors voted on seven items on the agenda which were adopted by a large majority.

An essential part of this year's AGM was the election of the new Supervisory Board. The committee now consists of Paolo Vittorio Di Fraia, David Hersh, Prof. Dr. Michael Judis, Susanne Klöß-Braekler, Barbara Münch and Bernhard Riedel. Ulrich Burkhardt was elected as a substitute member. In addition, the actions of the Executive Board and the Supervisory Board were approved for the fiscal year 2012, and a separate resolution adopted for an authorized capital under exclusion of the subscription right.

Charles Fränkl, CEO of Gigaset AG, summed up the developments during the past year and emphasized the successful realignment of the company within the context of the “Gigaset 2015” strategy. Fränkl said: "We will consistently pursue the current chosen path. The “Gigaset 2015” strategy is to open up new sources of revenue by expanding our portfolio into new areas of growth, and develop the company into a leading provider of integrated communications solutions."

The timetable for the full implementation of “Gigaset 2015” is based on three main elements: safeguarding and expanding the core business, entering into new growth markets, and promoting solution integration. The company wishes to expand its core business, “Consumer Products” by means of innovations such as Android-based telephones. In addition to updating the cordless phone portfolio, this also includes entering adjacent product categories. In the small and medium size business customers segment, and by entering into the home networking market, the company opens up new areas of growth. In the future, Gigaset aims at promoting solution integration by expanding the supply of cloud-based services.

Details of the voting results will be published on this site within the next few days.

Gigaset AG, Munich, is an internationally operating company in the area of communications technology. The Company is Europe's market leader in DECT telephones. The premium supplier ranks second worldwide with around 1,400 employees and a market presence in around 70 countries.

Gigaset AG is listed on the Prime Standard of Deutsche Börse and so is subject to the very highest requirements for transparency. Its shares are traded on the Frankfurt Stock Exchange under the symbol 'GGS' (ISIN: DE0005156004). DE0005156004.

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