FORTEC Elektronik AG Supervisory Board Initiates Management Realignment to Address Market Challenges

The Supervisory Board of FORTEC Elektronik AG has resolved to realign the Company's Executive Management to strategically and technologically position FORTEC to sustainably secure its competitiveness in an increasingly dynamic market environment. This decision follows the ad hoc announcement published on October 6, 2025, which informed about personnel changes in the Management Board. The Supervisory Board will conduct a structured process to identify suitable candidates who will further develop the FORTEC Group in a market-oriented manner, setting a clear strategy for the future and a long-term perspective for the coming years.

Christoph Schubert, Chairman of the Supervisory Board of FORTEC Elektronik AG, emphasized the company's financial position while acknowledging market challenges. "FORTEC Elektronik AG has a solid financial foundation with an equity ratio of approximately 72% and net financial assets of just under EUR 20 million as of 31 March 2025," Schubert explained. "At the same time, however, the Company operates in a challenging market environment and has recently had to adjust its forecasts several times. Our goal now is to appoint a new Management Board so that FORTEC regains a clear strategic direction, repositions itself in line with market requirements, and thus lays the foundation for sustainable growth."

The management transition includes the departure of Ms. Sandra Maile, whom the Supervisory Board thanked for her many years of service to FORTEC Elektronik AG and wished her all the best for her professional and personal future. During the interim period until new Management Board members take office, Mr. Ulrich Ermel will manage the Company's day-to-day operations. To ensure stability and operational capability during this transition phase, the Supervisory Board will provide Ermel with experienced interim support for the areas previously overseen by Ms. Maile.

FORTEC Elektronik AG, founded in 1984 as an international distributor of standard solutions in the field of power supplies, embedded systems and displays, has evolved to offer customer-specific developments and complete system developments. Since April 2020, FORTEC Elektronik AG has served as the holding company responsible for management of the affiliated companies, group strategy and essential parts of the administration. The company maintains subsidiaries in Germany, Switzerland, the UK and the USA, with additional information available through their corporate website at https://www.fortecag.de. The original announcement detailing these management changes can be found at https://www.newmediawire.com, providing full context for this strategic realignment initiative.