Thomas Hinderling to step down from Board of Directors at next annual meeting of shareholders

Flamatt, Switzerland - March 31, 2011 - The Board of Directors of COMET Holding AG announces that for health reasons, Board member Prof. Dr. Thomas Hinderling will not stand for re-election at the Annual Shareholder Meeting of COMET Holding AG on April 27, 2011.


The Board of Directors profoundly regrets this development. Thomas Hinderling has been a member of the Board of COMET Holding AG since 2006, most recently as chairman of the Technology Committee. The Board thanks Prof. Dr. Hinderling for his years of valuable service and wishes him all the best. 

As Prof. Dr. Hinderling only informed the Board in March of his decision to step down, the Board of Directors for time reasons has decided not yet to propose a new fifth member at the upcoming 2011 Annual Shareholder Meeting for election to the Board.