First Sensor AG and TE Connectivity Sensors Germany Holding AG and TE Connectivity Ltd. entered into a Business Combination Agreement. Upon completion of the agreement, the CFO of First Sensor AG, Dr. Mathias Gollwitzer, has declared that after 4 years in the company, he will resign from his position after completion of the takeover offer, but will be available as an advisor to the company. The four shareholder representatives on the Supervisory Board of First Sensor AG have also stated to resign from their offices after completion of the takeover offer.

The CEO of First Sensor AG, Dr. Dirk Rothweiler, intends to continue his position in the company after completion of the takeover offer.