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on LION E-Mobility AG (ETR:CH013259)

Lion E-Mobility Announces Board Transition

LION E-Mobility AG, a prominent manufacturer of battery packs for electric vehicles and energy storage systems, has announced a change in its Board of Directors. Alessio Basteri, a long-serving member, will step down from his position. Basteri expressed gratitude to his colleagues for their support and plans to continue aiding LION's Italian BESS initiative. Ian Mukherjee, the Chairman, praised Basteri's valuable contributions and dedication to the company. The search for a new board member based in Switzerland will commence immediately.

LION E-Mobility AG, founded in 2011, manufactures lithium-ion battery packs. The company provides tailored solutions for electric and industrial applications. It operates automated module assembly lines in Germany and is listed on stock exchanges in Munich, Frankfurt, and Hamburg.

R. H.

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