Supervisory Board extends CFO Dominik Asam's contract to 2023

Munich, March 06, 2018 - The Supervisory Board of Infineon Technologies AG has extended the contract of Chief Financial Officer Dominik Asam by five years until December 31, 2023. Dominik Asam has been a member of the Management Board since January 1, 2011. His current contract expires on December 31, 2018. By extending his contract, the Supervisory Board acknowledges Dominik Asam's large contribution to the company's sustainable and profitable growth path.

About Infineon Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon is the key to a better future. In the 2017 fiscal year (ending 30 September), the Company reported sales of around €7.1 billion with about 37,500 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Follow us: Twitter – Facebook - LinkedIn