EANS-Adhoc

ams AG / ams offer for OSRAM did not achieve minimum acceptance threshold; ams remains committed to pursue the acquisition of OSRAM

--------------------------------------------------------------------------------
Disclosed inside information pursuant to article 17 Market Abuse Regulation
(MAR) transmitted by euro adhoc with the aim of a Europe-wide distribution.
The issuer is responsible for the content of this announcement.
--------------------------------------------------------------------------------

Mergers - Acquisitions - Takeovers
04.10.2019

Premstaetten -

* Minimum acceptance threshold of 62.5% not achieved
* ams largest shareholder in OSRAM with a direct shareholding of 19.99%
* ams committed to continue pursuing the acquisition of OSRAM to create a global
leader in sensor solutions and photonics


Premstaetten, Austria (4 October 2019) -- ams (SIX: AMS), a leading worldwide
supplier of high performance sensor solutions, announces that the minimum
acceptance threshold of 62.5% required in conjunction with the all-cash takeover
offer for OSRAM Licht AG ("OSRAM") announced on 3 September 2019 ("ams Offer")
was not achieved. The final acceptances level was 51.6%.

As a result of purchases prior to the expiry of the ams Offer, ams is currently
the largest shareholder in OSRAM with a direct shareholding of 19.99%. ams will
not exceed this current direct shareholding of 19.99% before having obtained
required merger control and other regulatory clearances.

ams continues to view the combination of ams and OSRAM as strategically
compelling given that it would enable the creation of a global leader in sensor
solutions and photonics. To this effect and supported by ams shareholders, ams
continues to explore strategic options to pursue the acquisition of OSRAM, on
the basis of its shareholding position, as this will translate into a stronger
combined company.

"While the highly attractive ams Offer for OSRAM at a full valuation was not
successful, the strategic logic and the significant advantages of combining ams
and OSRAM are unchanged," said Alexander Everke, CEO of ams. "Our vision with
OSRAM is to create a global leader in sensor solutions and photonics built
around European technology, which will ensure that Europe remains at the
forefront of optical technology globally. We intend to leverage our position as
OSRAM's largest shareholder in a dialog with OSRAM as we continue to pursue the
full acquisition of the company, securing a solid future for OSRAM."

###

About ams
ams is a global leader in the design and manufacture of advanced sensor
solutions. Our mission is to shape the world with sensor solutions by providing