Basler AG / Key word(s): Change of Personnel 29.08.2013 09:58 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ahrensburg, August 29, 2013 - Today, the supervisory board of Basler AG has resolved changes in the management board in order to prepare the company's management for the planned future growth from both an organizational and personnel point of view. On January 1, 2014, the management board will be expanded from three members to four members and the allocation of management board departments will be adjusted to future needs. As Chief Financial Officer (CFO)/ Chief Operations Officer (COO) Hardy Mehl (38) will move up in the management board and will lead the company together with the chairman of the board, Dr. Dietmar Ley, and the management board members Arndt Bake and John Jennings. In the newly created department 'Finance & Operations' Hardy Mehl will be responsible for the functions finance, controlling, SAP & IT, legal and patents, investor relations, as well as for facility management so far headed by the chairman of the board and also for production and supply-chain-management formerly headed by the chief operations officer. From the beginning of the financial year 2014, current Chief Operations Officer, Arndt Bake, will change to the newly created department 'Marketing'. In his new role as Chief Marketing Officer (CMO) he will lead the strategic marketing and the product management for existing and new business fields. As chief commercial officer (CCO) John Jennings will remain responsible for sales, market communication and the company's subsidiaries. From January 1, 2014, the chairman of the management board (CEO), Dr. Dietmar Ley, will be responsible for research and development, organizational development and human resources. Hardy Mehl has an university degree in business administration as well as a degree in business administration of the Hamburg Business Academy (Wirtschaftsakademie Hamburg) which he obtained in a dual study program of Deutsche BP AG, Hamburg. Presently, he is completing an executive MBA study program at the ESMT (European School of Management and Technology) in Berlin. Since joining Basler AG in the year 1999 he held various management positions within the company and is currently responsible for the product management, the business development and the steering of business. _________________________________________________________________________ Basler is a leading developer and manufacturer of high grade digital cameras for applications in industry, video surveillance, medicine, and traffic. Product development is driven by industry requirements. The cameras provide easy integration, compact sizes, and an outstanding price/performance ratio. Basler has more than 25 years of experience in image processing and has been developing and producing high grade digital cameras for 15 years.The company employs approximately 350 employees in its headquarters in Ahrensburg, Germany, and in the subsidiaries in the USA, Singapore, Taiwan, and Korea. Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 - 62, D-22926 Ahrensburg, Tel. +49 - 4102- 463 100, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008 29.08.2013 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Basler AG An der Strusbek 60-62 22926 Ahrensburg Germany Phone: 04102-463 0 Fax: 04102-463 109 E-mail: [email protected] Internet: www.baslerweb.com ISIN: DE0005102008 WKN: 510200 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------