cyan presents the candidates for the Supervisory Board

Munich, May 20, 2021 - This year's Annual General Meeting of cyan AG will be held virtually on Wednesday, June 23, 2021, at 10:00 (CEST). Under agenda item 10, an expansion of the Supervisory Board to five seats is proposed. Alexandra Reich and Trevor Traina will stand for election as new candidates at the Annual General Meeting. They are to add expertise and an international profile to the Supervisory Board.

Alexander Schütz, Chairman of the Supervisory Board of cyan AG: "I am very pleased that with Alexandra Reich and Trevor Traina we can nominate highly qualified and experienced leaders to serve on the Supervisory Board. Both are a perfectly complementing the existing members on the Supervisory Board."

Alexandra Reich has over 20 years of experience in the telecommunications industry, after starting her career in investment banking. She has been involved in the digital business since 1986, when she launched her first startup. She is currently member of the Board of Directors of the Dutch company Delta Fiber and Spanish Cellnex Telecom. She has held various senior management positions in the telecom industry in Europe and Asia successfully leading the digital transformation and driving many growth cases. Alexandra Reich holds a graduate degree in Business Administration from the Vienna University of Economics and Business Administration and has participated in leadership and executive programs at INSEAD, Harvard/Stanford, and IMD.

Alexandra Reich: "Cybersecurity is on everyone's lips and telecom companies are on the forefront when it comes to protecting end customers, both consumers and businesses. I am very pleased to be nominated and will leverage my experience in the telecom industry to represent shareholders on the Supervisory Board."

Trevor Traina was unanimously confirmed by the US Senate as Ambassador Extraordinary and Plenipotentiary to the Republic of Austria in 2018. He served in Vienna for three years. He is also an entrepreneur and private investor and founded or co-founded multiple successful technology companies. He serves or has served on the boards of several companies and non-profits. For more than a decade he was on the board of the Haas School of Business at the University of California Berkeley and has also served as a board member of non-profits, such as the Fine Arts Museums of San Francisco and the Gladstone Institutes. Trevor Traina holds a degree from Princeton University, a graduate degree from Oxford University and an MBA from Berkeley's Haas School of Business.

Trevor Traina: "cyan is a technology company with huge potential. As an entrepreneur and investor, I have been involved with many companies, either building them myself or helping them grow, and I look forward to helping cyan do the same as a representative of the shareholders."

More information on the candidates and the Annual General Meeting is available at .

About cyan

cyan AG (XETR: CYR) is a leading, globally active provider of intelligent IT security solutions and telecom services with more than 15 years of experience in the IT industry. The main business areas of the company are cybersecurity solutions for end customers of mobile and fixed network internet service providers (MNO), virtual mobile network operators (MVNO) as well as financial service providers. cyan's solutions are integrated into the business partner's infrastructure and then offered to their end customers ("B2B2C") under their name ("white-labeled").

Today, the group of companies has more than 50 international customers, through which cyan products are sold to approximately 50 million end customers. cyan can offer products along the entire value chain from platform, data optimization to cyber security. In addition, cyan operates its own Research & Development Centre with the aim of identifying trends in the industry at an early stage and developing optimal product solutions. In December 2018, cyan was able to win a global group contract with Orange in an international tendering process. cyan's cooperation partners include the world's leading insurance broker Aon or Magenta Telekom.

Further information is available at

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