Ambu A/S : strengthens presence in Malaysia with new R&D centre

PRESS

RELEASE

19 September 2023

AMBU STRENGTHENS PRESENCE IN MALAYSIA WITH NEW R&D CENTRE

The new centre enables Ambu to continue to develop high-level engineering competences and drive speed of innovation in South-East Asia, enhancing the company's strong presence in the country.

As of today, 19 September 2023, Ambu opens the doors to a new R&D centre in Penang, Malaysia. Due to Ambu's 20+ years of success driving manufacturing and R&D activities in the country, the company's footprint has grown significantly, and the new centre will thus enable Ambu to further enhance its presence and engineering competences going forward.

Ambu's R&D activities in Penang constitute an integral part of the company's endoscope development setup and revolve around the enhancement of products already in the market, as well as new product development. With the new centre, Ambu will further develop its mix of engineering abilities, including software testing and verification, in close integration with global R&D and other functions.

Finn Möhring, Chief Technology Officer at Ambu, is excited about the new R&D centre in Malaysia, and he emphasizes the

• Ambu has had operations in Malaysia for the past two decades, during which we have grown tremendously, not only in our manufacturing teams, but also in R&D and other functions. The extended R&D presence in Malaysia is a great opportunity for Ambu to further advance our strong platform of engineering competences, while simultaneously leveraging efficiencies. I am excited about our potential as an R&D organisation and the future world-class solutions we are going to develop for customers.great opportunity for Ambu to attract top talents and tap into innovation efficiencies:

FINN MÖHRING, Chief Technology Officer, Ambu

Placed in close proximity to Ambu's current facility in Penang, the R&D centre will host R&D teams and other organisational functions. The new facilities currently allow for 120 employees and have been approved for future expansion in 2024, reflecting a potential of 100 additional hires.

With the new R&D centre in Penang, Ambu's global R&D activities span over five countries, consisting of three dedicated R&D centres across Malaysia, Germany and Denmark, supported by R&D-focused teams in the USA and China, all focused on bringing high-performance endoscopy solutions to market that meet the needs of customers.

Ambu A/S	Contact information:
Baltorpbakken 13	Media	Investors
2750 Ballerup	Tine Bjørn Schmidt	Anders Hjort
Denmark	Head of Corporate Communications	Head of Investor Relations
Tel. [phone]	[e-mail]	[e-mail]
CVR no.: 63 64 49 19	[phone]	[phone]
www.Ambu.com

ABOUT AMBU

Since 1937, Ambu has been rethinking solutions, together with healthcare professionals, to save lives and improve patient care. Today, millions of patients and healthcare professionals worldwide depend on the efficiency, safety and performance of our single-use endoscopy, anaesthesia and patient monitoring solutions. Headquartered near Copenhagen in Denmark, Ambu employs around 4,500 people in Europe, North America, Latin America and Asia Pacific. For more information, please visit Ambu.com.

PAGE 1 OF 1