Jörg Peter Hahn is the new Head of Finance at LION Group companies

18.11.2022

Garching near Munich, 18 November, 2022 – LION Smart GmbH, a wholly owned subsidiary of LION E-Mobility AG, announces today that Jörg Peter Hahn will assume the position of Head of Finance with immediate effect. In this role, Jörg will also be responsible for managing the finances of all subsidiaries of LION E-Mobility AG.

Jörg has many years of experience as a director, head of finance and chief financial officer (CFO) for several international companies. Most recently, Jörg worked as a management consultant in financial services at Detecon International, a consulting subsidiary of Deutsche Telekom AG, and founded a start-up for IT hardware for critical national infrastructure. In this start-up, Jörg served as CFO and COO. Before that, he was responsible for controlling the finances of several start-ups as interim CFO. As a commercial manager, he was, among other things, at the German branch of a Spanish plant builder, served as head of finance for a global IT hardware manufacturer and acted as IBM management consultant for financial services. He began his career in the credit department of the renowned DZ Bank.

Jörg Peter Hahn holds a degree in economics from the University of Hohenheim, and an MBA, SBA from Portland State University, Oregon, USA.

Mr Hahn is 56 years old, married and has two children.

“We are very pleased to have been able to engage Jörg Peter Hahn, a highly experienced Head of Finance for all our subsidiaries. Particularly with the upcoming start of our own battery production as well as the increased activities in the North American market and the associated development of the respective companies, the role of an experienced manager for the planning, organisation and coordination of finance and accounting as well as controlling has become indispensable”, Alessio Basteri, Chairman of the Board of Directors of LION E-Mobility AG, commented on this appointment.

“The LION Group is on its way to becoming a major battery pack manufacturer and provider of battery solutions for mobility and stationary power storage for many customers. It is  very exciting to join the Group at this stage and to help shape  its development. I look forward to  contributing  my financial  experience from the IT industry, from start-ups to medium-sized businesses to large corporations,” said Jörg Peter Hahn, describing his motivation for joining LION Smart GmbH.

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. and 100% of the German LION Smart Production GmbH.

www.lionemobility.com

Responsible for the press release: BoD LION E- Mobility AG

LION E-Mobility AG

Alessio Basteri

Chairman

LION E-Mobility Investor Relations

Frank Schönrock (Weber Shandwick)

Phone: +49 (0) 1737025315

E-Mail: ir@lionemobility.com | www.lionemobility.com

Arne Siegner

Phone: +41 (0) 41 500 54 11

E-mail:  ir@lionemobility.com | www.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.