BRIEF

on U-blox AG (isin : CH0033361673)

Leadership Transition at U-blox AG

U-blox AG announced a significant leadership change as CEO Stephan Zizala will step down at the end of 2025. The decision is mutual, allowing Zizala to pursue a new professional opportunity. Camila Japur, the Chief Financial Officer, and Andreas Thiel, Head of Business Units and co-founder of u-blox, will assume co-CEO roles with clear responsibilities.

The company is undergoing an acquisition process by Advent International, which intends to appoint Zizala to the future Board of Directors. The Board thanks Zizala for his dedication during a period of successful business transformation and focuses on maintaining u-blox’s market-leading position and profitability.

The Board is optimistic about the future, wishing the new leadership team success in navigating this new phase.

R. P.

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