31.08.2021

Baar, 31 August 2021- Ad Hoc: Mr Thomas Hetmann has resigned from the Board of Directors of the company for personal reasons. The company is looking for a successor in the short term. Mr Hetmann will continue to manage the subsidiary LION Smart GmbH until the end of November.

About LION E-Mobility AG

LION E-Mobility AG is a listed Swiss holding company founded in 2011 with promising strategic investments in the e-mobility sector, particularly in the field of electrical energy storage and lithium-ion battery system technology. The company owns 100% of the German LION Smart GmbH, a developer of battery packs and battery management systems. LION Smart GmbH also holds a 30% stake in TÜV SÜD Battery Testing GmbH, a joint venture with TÜV SÜD AG. LION E-Mobility AG also holds 100% of the shares in LION E-Mobility North America Inc.

www.lionemobility.com

Responsible for the press release: Board of Directors LION E-Mobility AG Alessio Basteri, Chairman

LION E-Mobility Investor Relations

Frank Schönrock (WeberShandwick)
Telefon: +49 (0) 1737025315
E-Mail: ir@lionemobility.com

Arne Siegner
Telefon: +41 (0) 41 500 54 11
E-Mail: ir@lionemobility.com

Disclaimer:

Statements that express or contain forecasts, expectations, views, plans, goals and assumptions regarding future events or performance are not considered historical facts and may therefore be forward-looking statements. Forward-looking statements are based on the expectations, estimates and plans at the time the statements were made, and therefore involve a number of risks and uncertainties that could cause actual results or events to differ materially from those currently anticipated become. LION E-Mobility AG is under no obligation to update the forward-looking statements in this press release.

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LION E-Mobility AG published this content on 31 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2021 17:31:03 UTC.