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Centrotherm International AG has undergone significant changes to its Supervisory Board, reflecting a strategic shift in leadership and governance. Following the acquisition by Ardian Semiconductor, the Ulm Local Court appointed Dr. Helmut Gassel and Stefan Kappis as new board members effective January 15, 2026. Dr. Gassel, a partner and co-founder of Silian Partners, was elected Chairman, bringing over 30 years of semiconductor industry experience. Previously a member of Infineon Technologies AG's Executive Board, he has extensive expertise in sales, marketing, strategy, and mergers and acquisitions. Stefan Kappis, a director in Ardian Germany's buyout team, was appointed Deputy Chairman. With a background in investment banking at Barclays, Kappis brings valuable financial and transactional insights to the board. Robert M. Hartung will continue serving on the Supervisory Board, providing continuity and institutional knowledge. Hans-Hasso Kersten and Dr. Xinan Jia resigned from their positions on December 17, 2025, in response to the new shareholder structure. Dr. Gassel emphasized the board's commitment to supporting centrotherm's strategic development and leveraging Ardian Semiconductor's resources and network. The company remains focused on its core competencies in thermal production solutions and innovative technologies across semiconductor, microelectronics, photovoltaics, and emerging sectors. This leadership transition signals centrotherm's ongoing dedication to driving innovation and maintaining its position as a global technology leader.