VIA optronics AG Announces Changes to the Committee Composition of the Company’s Supervisory Board

Rhea-AI Summary

VIA optronics AG (NYSE: VIAO) has announced committee changes within its Supervisory Board, effective after the 2021 Annual General Meeting on December 29, 2021. Anil Doradla will chair the Audit Committee, which includes Anthony John Best and new member Shuji Aruga. Arthur Tan will chair the Nomination and Compensation Committee with Best and Doradla, while Dr. Heiko Frank continues as Chairperson of the Supervisory Board with Tan as deputy. VIA is known for its interactive display solutions, which cater to demanding environments requiring specialized technology.

Positive

• Changes in board committees may lead to improved governance and oversight.
• Inclusion of experienced members in key committees may strengthen decision-making.

Negative

• None.

NUREMBERG, Germany--(BUSINESS WIRE)-- VIA optronics AG (NYSE: VIAO) (“VIA” or the “Company”), a leading supplier of interactive display systems and solutions, today announced changes to the committee composition of its Supervisory Board.

VIA’s Supervisory Board has approved the following changes to committees, with effect from the conclusion of the Company’s 2021 Annual General Meeting on December 29, 2021:

Anthony John Best and Anil Doradla will continue to serve on the Audit Committee with Anil Doradla serving as Chairperson. Additionally, Shuji Aruga began serving on the Audit Committee effective December 29, 2021.

Anthony John Best and Anil Doradla will continue to serve on the Nomination and Compensation Committee. Additionally, Arthur Tan began serving as Chairperson on the Nomination and Compensation Committee effective December 29, 2021.

Dr. Heiko Frank will continue to serve on the Supervisory Board as Chairperson with Arthur Tan as his deputy.

About VIA:

VIA is a leading provider of interactive display solutions for multiple end markets in which superior functionality or durability is a critical differentiating factor. Its customizable technology is well-suited for high-end markets with unique specifications and demanding environments that pose technical and optical challenges for displays, such as bright ambient light, vibration and shock, extreme temperatures, and condensation. VIA’s interactive display systems combine system design, interactive displays, software functionality, cameras, and other hardware components. VIA’s intellectual property portfolio, process know-how, optical bonding, metal mesh touch sensor and camera module technologies provide enhanced display solutions built to meet the specific needs of its customers.

Further information on the Company can be found in its Annual Report on Form 20-F for the year ended December 31, 2020 (the “Annual Report”), which the Company has filed with the U.S. Securities and Exchange Commission. You can access a PDF version of the Annual Report at VIA’s Investor Relations website, https://investors.via-optronics.com/investors/financial-and-filings/annual-reports/default.aspx. A hard copy of the audited consolidated financial statements can also be requested free of charge by contacting the investor relations team via the information provided below.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220113005672/en/

Investor Relations for VIA optronics

The Blueshirt Group

Lindsay Savarese

Lindsay@blueshirtgroup.com

+1-212-331-8417

Monica Gould

Monica@blueshirtgroup.com

+1-212-871-3927

Media Contact:

Alexandra Müller-Plötz

AMueller-Ploetz@via-optronics.com

+49-911-597 575-302

Source: VIA optronics AG

FAQ

What changes were announced for VIAO's Supervisory Board?

VIAO announced that Anil Doradla will chair the Audit Committee, with Shuji Aruga added as a member, while Arthur Tan will chair the Nomination and Compensation Committee.

When did the changes to VIAO's board committees take effect?

The changes took effect from the conclusion of VIAO's 2021 Annual General Meeting on December 29, 2021.

Who continues as Chairperson of VIAO's Supervisory Board?

Dr. Heiko Frank continues to serve as Chairperson of the Supervisory Board at VIAO.

What is VIAO known for?

VIAO is known for providing interactive display solutions designed for challenging environments with specific technical needs.