DGAP-Adhoc: Balda AG: Annual general meeting to elect new Supervisory Board on 3 July 2009


Balda AG / Key word(s): Change of Personnel/AGM/EGM

27.05.2009 15:47

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted

by DGAP – a company of EquityStory AG.

The issuer is solely responsible for the content of this announcement.


Balda AG: Annual general meeting to elect new Supervisory Board on 3 July


– Supervisory Board Chairman Richard Roy and Supervisory Board member

Michael Sienkiewicz to leave the Supervisory Board at annual general


– Shareholders to elect three new Supervisory Board members on 3 July


Bad Oeynhausen, 27 May 2009 – In line with the realignment of mobile

telephone supplier Balda AG the Supervisory Board members Richard Roy and

Michael Sienkiewicz in the meeting of the Supervisory Board on 27 May 2009

have resigned from their respective offices, effective as of the annual

general meeting, scheduled for 3 July 2009. Dr. Axel Bauer will resign from

the Supervisory Board effective as of 31 May 2009 having declared his

resignation at an earlier date. Shareholders will elect three new

Supervisory Board members at the annual general meeting in Bielefeld.

The Supervisory Board of the company in the invitation to the annual

general meeting will follow the suggestion of the shareholders in proposing

the following candidates to be elected into the Supervisory Board:

– Mr. Dino Kitzinger, Management Consultant, Munich, Germany

– Mr. Mark Littlefield, Managing Partner – BluePoint Controls Inc., San

Jose/California, USA

– Mr. Thomas J. Leonard, President – Optera, Inc., Holland/Michigan, USA

Details on the candidates can be found on the Balda homepage as well as in

the online publication platform ‘Elektronische Bundesanzeiger’ which will

publish the invitation on 29 May 2009.

Richard Roy will assist the Supervisory Board and the Board of Directors of

the company as a consultant for a transition period.

* * *

Company profile Balda AG

The Balda Group develops and produces highly integrated devices comprising

plastic and electronic components, primarily for the telecommunications

sector. In addition, the company manufactures high-tech equipment such as

headphones and hands-free sets.

The future is derived from past experience. Balda has developed an active

culture of continuous transformation through the traditions established

within the hundred years of its existence. Since its founding, innovation

and technology have been the significant driving forces of progress and the

guarantors of corporate success. Today, Balda is an internationally

positioned high-tech company with innovative products and a high

performance capacity.

Balda AG, which is registered in the Prime Standard on the German Stock

Exchange, services international brand-name clients in the mobile

telecommunications sector, medical technology and other similar markets.

The Group produces close to its customers’ locations in the expanding

growth markets. With three production facilities, the Group has a strong

position in China and Malaysia. Within the framework of a shareholding in a

leading producer of touch screens in China, Balda is participating in the

dynamic development in the touch-sensitive display sector.

The vision was and is clear: Balda will strengthen its technological

innovations potential and further expand in the promising growth regions of

Asia. Balda will thus achieve the conditions for profitable growth and a

sustainable increase in added value.

* * *

If you have any questions please contact: Balda AG, Clas Röhl, Phone: +49

5734 922 2728, Fax: +49 5734 922 2604. Email: croehl@balda.de, Internet:


* * *

This ad hoc announcement includes ‘forward-looking statements’ which are

based on the current expectations of the management of Balda. They are

subject to risks and uncertainty because they relate to events and depend

on circumstances that will occur in the future, such as, for example,

developments in the mobile communications industry, changes in technology

and the ability to timely and successfully develop new products and various

other factors. Balda does not undertake any obligation to update publicly

or revise forward-looking statements except to the extent legally required.

This ad hoc announcement is not an offer of securities for sale or a

solicitation of an offer to purchase securities in the United States or

elsewhere. The shares in Balda AG (the ‘Shares’) may not be offered or sold

in the United States or to or for the account or benefit of U.S. persons

(as such term is defined in Regulation S under the U.S. Securities Act of

1933, as amended (the ‘Securities Act’)) unless registered under the

Securities Act or pursuant to an exemption from such registration. The

Shares have not been and will not be registered under the Securities Act.

27.05.2009 DGAP’s Distribution Services include Regulatory Announcements,

Financial/Corporate News and Press Releases.

Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English

Company: Balda AG

Bergkirchener Str. 228

32549 Bad Oeynhausen


Phone: +49 (0) 57 34 / 9 22-0

Fax: +49 (0) 57 34 / 9 22-2604

E-mail: info@Balda.de

Internet: www.balda.de

ISIN: DE0005215107

WKN: 521510

Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr

in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart

End of Announcement DGAP News-Service