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ADS-TEC Energy Group strengthens its management team

• ADS-TEC Energy Group appoints Wolfgang Breme as CFO • Robert Vogt, CFO of ads-tec Energy GmbH, remains CAO of the ADS-TEC Energy Group
  • Foto ADS-TEC Energy Group strengthens its management team
NÜRTINGEN, Germany – July 13, 2022 – ADS-TEC Energy plc (NASDAQ: ADSE), a global leader in battery-buffered ultra-fast chargers, today announces the expansion of its management team:

Wolfgang Breme has been appointed Chief Financial Officer (CFO) of the ADS-TEC Energy Group effective as of July 1, 2022. Mr. Breme has extensive international experience in the financial management of technology-oriented mechanical and plant engineering companies, including more than 20 years as Financial Board Member and Chief Financial Officer. As a member of the Executive Board, he was responsible for Finance and Administration at AIXTRON SE (FSE: AIXA) for almost a decade. He also held CFO positions at technotrans SE, AVENTICS (formerly Bosch Rexroth Pneumatics) and the Skeleton Technologies Group. Mr. Breme has many years of management and capital market experience in an international environment and M&A expertise and is familiar with the challenges of the volatile project business in high-tech mechanical and plant engineering.

Commenting on his entry into the ADS-TEC Energy Group, Mr. Breme states: “ADS-TEC Energy is a company with an enormous growth potential. I am convinced that the intelligent battery-buffered ecosystems of ADS-TEC Energy are an enabler for a decentralized architecture of our energy systems. In doing so, we are making a decisive contribution to the ecological transformation of mobility, industry, commerce, infrastructure and housing.” "By appointing Wolfgang Breme, we are underlining our global claim to leadership in battery buffered ultra-fast charging systems and thus strengthening our market position", says Thomas Speidel, founder and CEO, ADS-TEC Energy.

The CFO of ads-tec Energy GmbH, Mr. Robert Vogt, remains the Chief Accounting Officer of the ADS-TEC Energy Group.

Pie de foto: Wolfgang Breme, CFO ADS-TEC Energy Group

• About ADS-TEC Energy
ADS-TEC Energy plc, a public limited company incorporated in Ireland and publicly listed on NASDAQ (“ADS-TEC Energy”), serves as a holding company for ads-tec Energy GmbH, our operating company incorporated in Germany (“ADSE GM”) and ads-tec Energy Inc., a US subsidiary of ads-tec Energy GmbH (“ADSE US” and together with ADS-TEC Energy and ADSE GM, “ADSE”). Based on more than ten years of experience with lithium-ion technologies, ADS-TEC Energy develops and manufactures battery storage solutions and fast charging systems including their energy management systems. Its battery-based, fast charging technology enables electric vehicles to ultrafast charge even on low powered grids and features a very compact design. The high quality and functionality of the battery systems are due to a particularly high depth of development and in-house production. With its advanced system platforms, ADS-TEC Energy is a valuable partner for automotive, OEMs, utility companies and charge-operators.
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