The board of directors of X-FAB Silicon Foundries SE nominated Ms. Ling Qi as independent director. Her nomination will be submitted to the shareholders’ meeting for definitive appointment. Since China as a market is becoming more important for X-FAB, it was decided to nominate Ms. Ling Qi to expand the board with respective competence and network. Ms. Ling Qi is Chinese citizen and entrepreneur in China and has an excellent understanding of both Chinese and European culture.