Viscom AG: Founders lay foundations for a stable structure as basis for further sustainable growth at Viscom.

Founders lay foundations for a stable structure as basis for further sustainable growth at Viscom.

Hanover, 29 September 2021 - The two founders of the Viscom Group, Mr Volker Pape and Dr Martin Heuser, who together - directly or indirectly - hold 59.87 % of shares in Viscom AG, transferred 94 % of their indirect shares to three new foundations on 28^th September 2021.

The foundations are the non-profit Viscom Foundation and the two family foundations belonging to the Pape and Heuser families.

By taking this step, the two founders, one of whom currently has a seat on the Supervisory Board and the other on the Executive Board, intend to safeguard their life's work in the long term and also ensure that it is preserved by future generations.

Together, the two family foundations will exercise their controlling influence on resolutions passed by Viscom AG's Annual General Meeting and the appointment of members to Viscom AG's Supervisory Board, securing the founders' corporate objectives in the long term:

* Maintain the Viscom Group's leading technological position on the market
* Secure sustainable production at the Hanover site
* Ensure fair partnerships with customers, suppliers and employees
* Provide good working conditions for staff and motivate them

The Viscom foundation pursues scientific, cultural and regional non-profit aims:

* Promote scientific activities in industrial image processing and artificial intelligence
* Support technical training initiatives, for example by awarding scholarships
* Promote musical training, performances, concerts
* Support social welfare institutions and associations in Lower Saxony and the state capital Hanover

Almost 37 years after establishing the company, the founders intend for this set of measures to lay the foundations for a stable structure as the basis for further sustainable growth at the company.