Ad hoc announcement pursuant to Art. 53 LR

Moutier, 01/07/2020

Change to General Management at Tornos Group

Bruno Allemand, Head of Sales & Marketing and member of the Tornos General Management, has decided to leave the Group at the end of 2020 to take up a new professional challenge.

The Board of Directors and the General Management would like to thank Bruno Allemand for his great commitment to the Tornos Group. Tornos will take the opportunity to adapt its management organization to the current market situation.