Deutsche Bank Appointed as Successor Depositary Bank for the American Depositary Receipt Program of Infineon Technologies AG

Rhea-AI Summary

Deutsche Bank (DB) has been appointed as the successor depositary bank for Infineon Technologies AG's (OTC: IFNNY) sponsored American Depositary Receipt Program, effective April 1, 2025. Infineon Technologies, a global semiconductor leader in power systems and IoT focusing on decarbonization and digitalization, reported revenue of approximately €15 billion in fiscal year 2024 with 58,060 employees worldwide.

The Level I ADR program features a 1:1 ratio between ADS and ordinary shares, trading on the OTC market under symbol IFNNY. The program includes DTC eligibility and Deutsche Bank AG (Frankfurt) serving as the custodian bank.

Positive

• Deutsche Bank expands its ADR business with a major semiconductor company
• Program provides US investors easier access to Infineon shares through ADRs

Negative

• None.

NEW YORK--(BUSINESS WIRE)-- Deutsche Bank announced today its appointment as successor depositary bank for the sponsored American Depositary Receipt Program of Infineon Technologies AG (OTC: IFNNY).

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The Company had around 58,060 employees worldwide (end of September 2024) and generated revenue of about €15 billion in the 2024 fiscal year (ending 30 September).*

In addition to specializing in administering cross-border equity structures such as New York Shares, American, and Global Depositary Receipts, Deutsche Bank provides corporates, financial institutions, hedge funds and supranational agencies around the world with trustee, agency, escrow, and related services. Deutsche Bank offers a very broad range of services for diverse products, from complex securitizations and project finance to syndicated loans, debt exchanges and restructurings.

* This information was provided by Infineon Technologies AG (April 2025).

Depositary Receipt Information
Country			Germany
Custodian Bank			Deutsche Bank, AG (Frankfurt)
Effective Date			April 1, 2025
Level I ADR
CUSIP			45662N103
ISIN			US45662N1037
Symbol			IFNNY
Exchange			OTC
Current Ratio			1 ADS : 1 Ordinary Share
Eligibility			DTC

Depositary Receipt Contacts
New Business Development
Andrea Franzen
Tel: +49 69 910 -333 66
www.adr.db.com	Markets Distribution
adr@db.com	London
	Tel: +44 (0) 20 7547 6500
gtb.db.com	New York
	Tel: +1 212 250 9100

Deutsche Bank provides commercial and investment banking, retail banking, transaction banking and asset and wealth management products and services to corporations, governments, institutional investors, small and medium-sized businesses, and private individuals. Deutsche Bank is Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.

The Depositary Receipts have been registered pursuant to the US Securities Act of 1933 (the "Act"). The investment or investment service which is the subject of this notice is not available to retail clients as defined by the UK Financial Conduct Authority. This notice has been approved and/or communicated by Deutsche Bank AG New York. The services described in this notice are provided by Deutsche Bank Trust Company Americas (Deutsche Bank) or by its subsidiaries and/or affiliates in accordance with appropriate local registration and regulation. Deutsche Bank is providing the attached notice strictly for information purposes and makes no claims or statement, nor does it warrant or in any way represent, as to the accuracy or completeness of the details contained herein or therein. This announcement appears as a matter of record only. Neither this announcement nor the information contained herein constitutes an offer or solicitation by Deutsche Bank or any other issuer or entity for the purchase or sale of any securities nor does it constitute a solicitation to any person in any jurisdiction where solicitation would be unlawful. No part of this notice may be copied or reproduced in any way without the prior written consent of Deutsche Bank. Past results are not an indication of future performance. Copyright© April 2025 Deutsche Bank AG. All rights reserved.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250401275861/en/

For further information, please contact:

Deutsche Bank AG

Press & Media Relations



Dylan Riddle



Tel. +12122504982

Cell. +1(904)3866481

Email dylan.riddle@db.com

Source: Deutsche Bank

FAQ

What is the conversion ratio for Infineon's ADR (IFNNY) program managed by Deutsche Bank?

The conversion ratio is 1 ADS (American Depositary Share) to 1 Ordinary Share for Infineon's ADR program.

When does Deutsche Bank's appointment as Infineon's ADR depositary bank take effect?

Deutsche Bank's appointment as successor depositary bank takes effect on April 1, 2025.

What was Infineon Technologies' revenue in fiscal year 2024?

Infineon Technologies generated revenue of approximately €15 billion in fiscal year 2024 (ending September 30).

Where are Infineon's ADRs (IFNNY) traded under Deutsche Bank's program?

Infineon's ADRs trade on the OTC (Over-The-Counter) market under the symbol IFNNY.