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LEM HOLDING SA / Key word(s): Miscellaneous
CFO Andrea Borla to leave LEM by end of November 2024
13-Jun-2024 / 07:00 CET/CEST
Release of an ad hoc announcement pursuant to Art. 53 LR
The issuer is solely responsible for the content of this announcement.
Geneva, 13 June 2024 - LEM (SIX: LEHN), a global leader in electrical measurement for automation, e-mobility, renewable
energy, power network and railroad applications, announces that its CFO Andrea Borla will step down at the end of
November 2024 after nine years as Chief Financial Officer and Member of the Executive Board. He is leaving LEM to
pursue a next career step with a renowned worldwide leading and privately held Swiss company.

Over the past nine years, Andrea Borla has played a significant role in the business transformation of LEM Holding,
leading to important achievements and milestones. Andreas Hürlimann, Chairman of the Board of Directors of LEM Holding,
stated: "We regret that Andrea Borla is leaving our company. As Chief Financial Officer he made significant
contributions to the successful transformation of the company, not only ensuring financial stability and efficiency,
but also actively contributing to the strategic direction of LEM. Furthermore, his compelling work as a link to the
capital market and the financial media was highly valuable to LEM."

The Board of Directors and executive management team at LEM Holding extend their gratitude to Andrea Borla for the
successful collaboration during his tenure and wish him all the best in his new role. The succession process has been
launched.

From 1 December 2024, Thomas Mellano will lead the finance organization on an interim basis. Thomas Mellano (49) is an
experienced finance professional who has worked for LEM in various functions such as consolidation & reporting and
treasury.


LEM - Life Energy Motion
A leading company in electrical measurement, LEM engineers the best solutions for energy and mobility, ensuring that
our customers' systems are optimized, reliable and safe.

Our 1'800 people in 17 countries transform technology potential into powerful answers. We develop and recruit the best
global talent, working at the forefront of megatrends such as renewable energy, mobility, automation and digitization.
With innovative electrical solutions, we are helping our customers and society accelerate the transition to a more
sustainable future.

Listed on the SIX Swiss Exchange since 1986, the company's ticker symbol is LEHN.
www.lem.com


Investor contact Media contact
Andrea Borla, Chief Finance Officer Dynamics Group

+41 22 706 1250                     Thomas Balmer, +41 79 703 87 28, tba@dynamicsgroup.ch 
investor@lem.com                    Christian Wolf, +41 79 457 72 05, cwo@dynamicsgroup.ch 

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End of Inside Information

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Language:     English 
Company:      LEM HOLDING SA 

Route du Nant-d'Avril 152
1217 Meyrin
Switzerland

E-mail:       investor@lem.com 
Internet:     www.lem.com 
ISIN:         CH0022427626 
Listed:       SIX Swiss Exchange 
EQS News ID:  1923959 

End of Announcement EQS News Service
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1923959 13-Jun-2024 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1923959&application_name=news

END) Dow Jones Newswires

June 13, 2024 01:00 ET (05:00 GMT)