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Frequentis AG: Appointment of Dieter Eier as new President and Managing Director of FREQUENTIS USA effective 1 January 2023

Frequentis USA: Swiontek & Eier

Frequentis USA: Swiontek & Eier

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Vienna (pta010/13.01.2023/10:05 UTC+1)

After 10 years of successfully leading the growth of Frequentis USA, Leonard Swiontek is stepping down from his position, handing over the management of the company to Dieter Eier, previously Vice President for Products and Solutions.

Leonard Swiontek took over as Managing Director of Frequentis USA Inc. in 2012. Since then, the company has made significant strides in advancing throughout the United States. Leonard's steadfast leadership has been crucial to implementing a long-term strategic plan to position Frequentis as a major supplier to the U.S. Government.

"Under Leonard's leadership we placed Frequentis USA at the forefront of technology in the government sector, becoming a major supplier to the Federal Aviation Administration (FAA), the Department of Defense (DoD), and National Aeronautics and Space Administration (NASA). By allowing us to work closely with our customers and partners in the U.S we took Frequentis to new heights. We are looking forward to this new chapter under the management of Dieter and thank Leonard for his contribution to the success of Frequentis in the U.S.," says Norbert Haslacher, CEO Frequentis.

Under Leonard's tenure, Frequentis has equipped over 220 Air Traffic Control towers for the FAA and U.S. Army, the fleet of U.S. Navy aircraft carriers, as well as major NASA space operations centres with its systems. In 2021, the defence sector of Frequentis USA became a separate entity, Frequentis Defense Inc., to focus solely on defence customers, further foster the DoD key account, as well as manage the new product line from Australian C4i Pty, attained through its acquisition from L3Harris Technologies Inc.

"Ensuring a timely and successful succession is crucial and handing the baton over to Dieter, with whom I have led the company alongside for many years, is a decision made together with Frequentis AG to support the next stage of the company's future. I will continue to support Dieter and the organisation as an Executive Advisor, remaining part of the Frequentis success story," stated Leonard Swiontek, Frequentis USA.

Before joining Frequentis USA in 2000, Dieter Eier was responsible for strategic marketing and then for product management at Frequentis AG in Vienna. Some of Dieter's biggest successes are the 2004 market entry at the FAA, and NASA for all major space operations centres worldwide – ensuring the safety of passenger and space flight to this day.

About FREQUENTIS

Frequentis is a global supplier of communication and information systems for control centres with safety-critical tasks. The listed family-run company develops and markets its "control centre solutions" in the Air Traffic Management segment (civil and military air traffic control, air defence) and the Public Safety & Transport segment (police, fire brigades, emergency rescue services, coastguards, port authorities, railways). With a market share of 30%, Frequentis is the world market leader in voice communication systems for air traffic control. Frequentis is also the global leader in aeronautical information management and aeronautical message handling systems.

As a global player with around 2,000 employees (full-time equivalents/FTE), Frequentis has a global network of companies in more than 50 countries. Its head office is in Vienna, Austria. Frequentis' products, services, and solutions are used at more than 40,000 operator working positions in around 150 countries. Shares in Frequentis are traded on the Vienna and Frankfurt stock exchanges; ISIN: ATFREQUENT09, WKN: A2PHG5. In 2021, revenues were EUR 333.5 million and EBIT was EUR 29.0 million.

Wherever Frequentis' systems are used, safety-critical operators bear responsibility for the safety of other people and goods. The company also works towards a more sustainable future through its air traffic optimisation solutions.

About Frequentis USA

Founded in 1999 Frequentis USA designs, develops, manufactures, markets, and distributes Frequentis technologies for U.S. government and defence, industrial, and commercial customers. Frequentis USA is headquartered in Columbia, Maryland operating a local manufacturing plant serving its U.S. customers.

For more information, please visit www.frequentis.com.

Jennifer McLellan, Global Media Relations Manager, Frequentis AG
jennifer.mclellan@frequentis.com, +44 2030 050 188

Barbara Fuerchtegott, Head of Communications, Frequentis AG
barbara.fuerchtegott@frequentis.com, +43 1 81150-4631

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Emitter: Frequentis AG
Innovationsstraße 1
1100 Wien
Austria
Contact Person: Stefan Marin
Phone: +431811501074
E-Mail: stefan.marin@frequentis.com
Website: www.frequentis.com
ISIN(s): ATFREQUENT09 (Share)
Stock Exchange(s): Vienna Stock Exchange (Official Trade)
Other Stock Exchanges: Regulierter Markt in Frankfurt
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