Resignation of SMT Scharf AG Supervisory Board Chairman

SMT Scharf AG has announced that Li Zhang, Chairman of its Supervisory Board, has resigned effective immediately. This decision is linked to his new senior role at the sister company of the primary shareholder, Yankuang. The company will promptly seek a court appointment to fill the vacancy on the Supervisory Board.

In the interim, Deputy Chairman Prof. Dr. Ferdinand Bernhard Mager will assume the chairman's responsibilities, as outlined by SMT Scharf AG's Articles of Association and legal requirements. The company emphasizes the continuity of operations during this transition period.