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23.02.2021 - 10:04 Uhr

Osram well equipped for the future thanks to efficient management

OSRAM Licht AG, DE000LED4000

at the end of January. "Osram is embarking on a shared future with ams as a company in robust health. Osram was, is and will remain a great success for its shareholders," said Kathrin Dahnke, CFO of OSRAM Licht AG.

"I would like to thank Olaf Berlien for his tireless commitment to the realignment of Osram," said Thomas Stockmeier, Chairman of Osram's Supervisory Board. "Together with my predecessor Peter Bauer, he laid the foundation for a successful company in combination with ams." CEO Olaf Berlien will leave Osram on February 28 by mutual agreement. He will be succeeded by Ingo Bank, who will assume the role of Osram CEO in addition to his role as CFO of ams AG.

Osram will be holding its Annual General Meeting on February 23, 2021 as a virtual meeting. The main topics of the speeches of the Chairman of the Supervisory Board and the Managing Board as well as further information can be found here: https://www.osram-group.com/en/investors/annual-meeting

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PRESS CONTACTS Jens Hack Phone +49 89 6213-2129 Email: j.hack@osram.com

Susanne Enninger Phone +49 89 6213-3996 Email: s.enninger@osram.com

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ABOUT OSRAM OSRAM, based in Munich, is a leading global high-tech company with a history dating back more than 110 years. Primarily focused on semiconductor-based technologies, our products are used in highly diverse applications ranging from virtual reality to autonomous driving and from smartphones to smart and connected lighting solutions in buildings and cities. OSRAM uses the endless possibilities of light to improve the quality of life for individuals and communities. OSRAM's innovations enable people all over the world not only to see better, but also to communicate, travel, work and live better. OSRAM had approximately 21,000 employees worldwide as of end of fiscal 2020 (September 30) and generated revenue of around three billion euros from continuing activities. The company is listed on the stock exchanges in Frankfurt and Munich (ISIN: DE000LED4000; WKN: LED 400; trading symbol: OSR). Additional information can be found at www.osram.com.

Disclaimer This document contains statements and information pertaining to our future business and financial performance and future developments that may constitute forward-looking statements - i.e. statements about processes that take place in the future, not in the past. These statements pertaining to the future can be identified by expressions such as "anticipate", "expect", "want", "intend", "plan", "believe", "aspire", "estimate", "will", "predict" or words of similar meaning. Such statements are based on current expectations and certain assumptions of OSRAM?s management. They are, therefore, subject to certain risks and uncertainties. A variety of factors, many of which are beyond OSRAM's control, affect OSRAM's operations, performance, business strategy and results and could cause the actual results, performance or achievements of OSRAM to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements or anticipated on the basis of historic trends. These factors include in particular, but are not limited to, the matters described in the chapter "Report on Risks and Opportunities" in the Annual Report of OSRAM Licht Group. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results, performance or achievements of OSRAM may vary materially from those described in the relevant forward-looking statement as being expected, anticipated, intended, planned, believed, sought, estimated or projected. OSRAM neither intends, nor assumes any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. Due to rounding, numbers presented throughout this and other documents may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures they reference. ?

23.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language: English Company: OSRAM Licht AG Marcel-Breuer-Stra?e 6 80807 M?nchen

Germany Phone: +49 89 6213-0 Fax: +49 89 6213-3629 E-mail: ir@osram.com Internet: www.osram-group.com ISIN: DE000LED4000 WKN: LED400 Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange EQS News ID: 1170067 ? End of News DGAP News Service

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