InTiCa Systems AG plans conversion into a European Company („SE“)

The Company is a leading global technology provider in the development, manufacture and marketing of inductive components, passive analogue switching technology and mechatronic assemblies with locations in Germany, the Czech Republic and Mexico. With the change of legal form, the Company underlines its positioning as a pan-European employer and progressive technology group.

The conversion of the Company to the legal form of an SE requires, amongst others, that the shareholders’ meeting of InTiCa Systems AG approves the conversion plan and the Articles of Association of future InTiCa Systems SE contained therein. It is therefore currently planned to submit corresponding resolution proposals to the annual shareholders’ meeting, which is expected to take place on July 15, 2022. The effectiveness of the conversion into an SE also requires that the procedure for the conclusion of an agreement on the involvement of employees at future InTiCa Systems SE is completed or terminated before registration with the competent commercial register. It is currently expected for the employee involvement procedure to be initiated still in April or May 2022.

The conversion into an SE will in principle not affect the legal position of the shareholders of InTiCa Systems AG. They will continue to hold the same number of no-par value bearer shares. In addition, the stock exchange trading of the shares will remain unaffected by the SE conversion.