Tranche Update on Huber+Suhner AG's Equity Buyback Plan announced on October 28, 2021.

Huber+Suhner AG, formerly Huber und Suhner AG, is a Switzerland-based manufacturer of components and systems for electrical and optical connectivity for the communication, transportation and industrial markets. Huber und Suhner AG operates, along with its subsidiaries, in three business segments: Radio Frequency, Fiber Optics and Low Frequency. The Radio Frequency segment includes the development, manufacturing and distribution of radio frequency technology products, such as connectors, coaxial cables, lightning protectors, antennas and components and systems for communication, transport and industrial applications. The Fiber Optics segment includes the development, manufacturing and distribution of fiber optic cables and components and systems for applications in communication and industry. The Low Frequency segment includes the development, manufacturing and distribution of copper cables, as well as cable systems for applications in mainly transportation and industry.