Vishay Intertechnology Announces Change of 2020 Annual Meeting of Stockholders to a Virtual Meeting

MALVERN, Pa., May 04, 2020 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc., (NYSE: ) announced today that its Annual Meeting of Stockholders, to be held on Tuesday, May 19, 2020 will be conducted solely via the Internet. The virtual annual meeting will begin at 2:00 PM Eastern Daylight Savings Time.

Vishay has adopted a virtual annual meeting in 2020 due to health, transportation, and other logistical issues arising from the spread of COVID-19. The annual meeting will be accessible to stockholders via the Internet at . To participate, stockholders will need the control number included in the proxy materials previously delivered to such stockholders. Those without a control number may attend as guests of the meeting, but they will not have the option to vote their shares or ask questions during the virtual event.

At the time Vishay filed its definitive proxy materials on March 25, 2020, it had disclosed the possibility of hosting a virtual annual meeting in lieu of its customary in-person annual meeting as part of its precautions regarding the coronavirus or COVID-19.

Whether or not stockholders plan to attend the virtual meeting, all stockholders are encouraged to vote their shares in advance through , toll-free phone number, or mail, as communicated in the previously-distributed proxy materials for the annual meeting. While voting in advance is not necessary, it will ensure stockholder representation at the meeting. Stockholders may still vote during the virtual meeting. Stockholders will not receive a new proxy card reflecting the change to a virtual meeting.

About Vishay

Vishay Intertechnology, Inc., a Fortune 1000 Company listed on the NYSE (), is one of the world's largest manufacturers of discrete semiconductors (diodes, MOSFETs, and infrared optoelectronics) and passive electronic components (resistors, inductors, and capacitors). These components are used in virtually all types of electronic devices and equipment, in the industrial, computing, automotive, consumer, telecommunications, military, aerospace, power supplies and medical markets. Vishay’s product innovations, successful acquisition strategy, and "one-stop shop" service have made it a global industry leader. Vishay can be found on the Internet at .

Statements contained herein that relate to the Company's 2020 Annual Meeting of Stockholders are forward-looking statements within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Words such as "will be", "will", "may" or other similar words or expressions often identify forward-looking statements. Such statements are based on current expectations only, and are subject to certain risks, uncertainties and assumptions, many of which are beyond our control. Among the factors that could cause the Company’s 2020 annual meeting logistical arrangements to change include: general business and economic conditions; imposition of restrictive governmental regulations implemented to address public health concerns; or operational delays or difficulties because of the novel coronavirus or similar diseases, or uncertainty regarding the same. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Contact:

Vishay Intertechnology, Inc.

Peter Henrici

Senior Vice President, Corporate Communications