The Board of Directors of Landis+Gyr Group AG appointed Sean Cromie as Executive Vice President and Head of Americas and a member of the Group Executive Management, effective January 1, 2022. His predecessor, Prasanna Venkatesan, will assume the position of Executive Vice President Strategy. Sean Cromie joined Landis+Gyr in June 2020 as Executive Vice President Operations and Supply Chain Management and has been instrumental in streamlining Landis+Gyr's operations and stabilizing the Company's supply chain during the time of global component shortages. Prior to joining Landis+Gyr, Sean Cromie, an Irish and US citizen, held various positions in Europe and the US as President, General Manager, Managing Director and Business Unit Manager in the automotive supply and aircraft interiors equipment & services industries. He is an experienced global leader with strong customer focus, operational experience and organizational acumen, skills that will be driving success in his new position as Head of Americas. Further, Mr. Cromie holds a Bachelor of Combined Sciences from Ulster University, Northern Ireland. Prasanna Venkatesan, current Executive Vice President and Head of Americas, will be appointed Executive Vice President Strategy. In this role, Prasanna Venkatesan will continue his excellent collaboration with the Chief Executive Officer and the Board of Directors to define and drive the Company's business strategy and position the Company for profitable growth, organically and inorganically.