LION E-Mobility AG: LION E-Mobility AG appoints Dr. Ulrich Eichhorn as Chairman of its newly established Global Technical Advisory Committee (GTAC)

LION E-Mobility AG appoints Dr. Ulrich Eichhorn as Chairman of its newly established Global Technical Advisory Committee (GTAC)

Zug (Switzerland), 06.11.2023 – LION E-Mobility AG, a leading battery pack manufacturer specializing in e-mobility and energy storage solutions, is thrilled to announce the appointment of Dr. Ulrich Eichhorn as Chairman of its newly established Global Technical Advisory Committee (GTAC) actively supporting the technological development of LION E-Mobility and its subsidiaries and Senior Advisor to the Board of Directors. With a remarkable background and connectivity in the automotive industry and a history of spearheading innovation, Dr. Ulrich Eichhorn is set to propel the company toward new horizons in this fast-evolving market.

Dr. Ulrich Eichhorn, an eminent engineer with an outstanding track record in the automotive sector, brings a wealth of expertise to LION E-Mobility AG. His visionary leadership and dedication to excellence align perfectly with our company's mission to provide cutting-edge solutions in the electric mobility and energy storage sectors.

President of the Board, Alessio Basteri, expressed his enthusiasm for the new addition, stating, "We are delighted to welcome Dr. Ulrich Eichhorn as Chairman of the Global Technical Advisory Committee and Senior Advisor to the Board of Directors. His extensive experience and deep technical engineering understanding of the automotive industry will be invaluable as we continue to drive innovation and growth in the fields of electric mobility and energy storage. We believe that Ulrich will play a crucial role in leading our company to new heights, and we look forward to the exciting journey ahead."

In response to his appointment, Dr. Ulrich Eichhorn shared his enthusiasm for joining LION E-Mobility by stating, "I am truly honored and excited to chair the GTAC and provide my advice to the Board of Directors of LION E-Mobility, a company that has demonstrated its commitment to spearheading the industry with its engineering and development services. LION E-Mobility's recent transformation into a full-service manufacturer deeply embedded in the ecosystem positions it perfectly for growth in this dynamically expanding market. I am eager to contribute to the company's success and the entrepreneurial journey ahead. The possibilities are huge, and I am happy to see the LION E-Mobility team drive innovation and shape the future of e-mobility and energy storage."

The establishment of the GTAC marks a significant milestone in our company's journey, as we transition into the next phase of growth in the dynamic and ever-evolving sectors of e-mobility and energy storage. It will comprise of a diverse and distinguished assembly of both external and internal experts, the committee plays a pivotal role in bolstering our Board of Directors, offering invaluable insights and guidance to facilitate informed decision-making and the formulation of strategic initiatives.

The Global Technical Advisory Committee undertakes an array of critical tasks that contribute to the advancement of our company's objectives. The GTAC, through its multifaceted responsibilities, ensures that our company remains at the forefront of the e-mobility and energy storage business, positioned for sustainable growth and excellence in this rapidly evolving landscape.

Attached Dr. Ulrich Eichhorn’s biography  https://lionemobility.com/wp-content/uploads/2023/11/Dr-Ulrich-Eichhorn-Biography.pdf

About LION E-Mobility AG:

LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, especially in the field of electrical energy storage and lithium-ion battery system technology. The company holds 100% of the German LION Smart Production GmbH, a manufacturer of battery packs, LION Smart GmbH, a developer of battery packs and battery management systems and LION Smart North America Inc. LION Smart GmbH also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a successful joint venture with TÜV SÜD AG.

www.lionemobility.com

Responsible for this ad hoc information: Board of Directors LION E-Mobility AG

LION E-Mobility AG

Alessio Basteri

Chairman of the Board

LION E-Mobility Investor Relations

Frank Schönrock

Phone: +49 (0) 1737025315

E-Mail: frank.schoenrock@lionemobility.com | ir@lionemobility.com | www.lionemobility.com