PRESS RELEASES

LeddarTech Announces the Appointment of Carl-Peter Forster to Its Board of Directors

QUEBEC CITY, Jan. 06, 2021 (GLOBE NEWSWIRE) — LeddarTech®, a global leader in Level 1-5 ADAS and AD sensing technology, is pleased to announce the appointment of Carl-Peter Forster to the Board of Directors, which further enhances the diversity and experience of the Board.

Carl-Peter Forster holds a degree in economics from Bonn University and a degree in aviation and space technology from the Technical University in Munich, Germany.

Carl-Peter has an extensive senior management background in the automotive industry with brands including BMW AG, in Munich, where he held various positions including Vice-President. He was also Managing Director of BMW South Africa, and a member of the board of BMW AG, responsible for global manufacturing, until 2000. Between 2001 and 2009, Carl-Peter was Managing Director of Adam Opel AG, then from 2006 President and CEO of General Motors Europe and a member of GM’s Global Automotive Strategy board. From 2010 to 2011, he was Group CEO of Tata Motors (which included Jaguar Land Rover).

Since 2013, Carl-Peter has been a special advisor to the Chairman of the Geely Group, also holding board positions at Volvo Cars Group in Gothenburg (Sweden), Geely Automobile Holdings Ltd. (Hong Kong), as well as CEVT (the Geely engineering center in Gothenburg), and Chairman of The London Electric Vehicle Company (formerly The London Taxi Company) until 2019. In addition to serving as a board member for LeddarTech, Carl-Peter is currently Chairman of Chemring Plc, Chairman of the Shareholder Committee of Hella KGaA, and a member of the boards of IMI Plc, Babcock Plc, The Mobility House AG, Gordon Murray Design Ltd., Kinexon GmbH, Clear Motion Ltd., and Envisics Ltd.

“The LeddarTech Board of Directors is very pleased to welcome Carl-Peter Forster to the LeddarTech team”, stated Mr. Michel Brûlé, chairman of the Board of LeddarTech. “Carl-Peter brings with him a wealth of industry experience as a leader with some of the world’s largest automotive companies. Carl-Peter’s extensive experience in the automotive industry as well as in ADAS and AD technology companies will be a tremendous asset to LeddarTech,” Mr. Brûlé concluded.

About LeddarTech

LeddarTech is a leader in environmental sensing platforms for autonomous vehicles and advanced driver assistance systems. Founded in 2007, LeddarTech has evolved to become a comprehensive end-to-end environmental sensing company by enabling customers to solve critical sensing and perception challenges across the entire value chain of the automotive and mobility market segments. With its LeddarVision™ sensor-fusion and perception platform and its cost-effective, scalable, and versatile LiDAR development solution for automotive-grade solid-state LiDARs based on the LeddarEngine™, LeddarTech enables Tier 1-2 automotive system integrators to develop full-stack sensing solutions for autonomy level 1 to 5. These solutions are actively deployed in autonomous shuttle, truck, bus, delivery vehicle, smart city/factory, and robotaxi applications. The company is responsible for several innovations in cutting-edge automotive and mobility remote-sensing applications, with over 95 patented technologies (granted or pending) enhancing ADAS and autonomous driving capabilities.

Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter, Facebook, and YouTube.

Contact:
Daniel Aitken, Vice-President, Global Marketing, Communications, and Product Management, LeddarTech Inc.
Tel.: + 1-418-653-9000 ext. 232
[email protected]

Leddar, LeddarTech, LeddarEngine, LeddarVision, LeddarSP, LeddarCore, VAYADrive, VayaVision, and related logos are trademarks or registered trademarks of LeddarTech Inc. and its subsidiaries. All other brands, product names, and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

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