GlobeNewswire Inc | Sep 8, 2021 01:00AM EDT

September 08, 2021

WISeKey Announces Appointment of Carlo Schpp asChief Operating Officer

Mr. Schpp was the EMEA PracticeLeader of Security & Privacy services atDeloitte serving global and European multinationals, and before that he held CIOand CISO positions at Cybertrust andSwift

Geneva September 8, 2021 - WISeKey International Holding ("WISeKey", SIX: WIHN, NASDAQ: WKEY), a leading cybersecurity and IoT company, today announced appointment of Carlo Schpp as WISeKeys Chief Operating Officer, effective immediately.

Mr. Schpp is an entrepreneur located in Belgiumwith more than three decades of experience and a proven track record in leadingdigitalbusinesses.Previously, Mr. Schpp was CEO of ScaledAccess, a scale-up pioneering with ecosystem-driven digital transformations. Priorto this, he was the EMEA PracticeLeader of Security & Privacy services atDeloitte serving global and European multinationals, and before that he held CIOand CISO positions at Cybertrust andSwift.

During his career, he focused onbringing digital transformation to various industries such as IoT, FinTech,HRTech and MedTech. He acquired ample experience with processesrelated to sales, finance, HR as well as technical expertise oncryptography, PKI, IoT security, smartcards and digital identity management.Next tohelpingtransform his employers and customers, he was also co-authorof various standards at ISO and other bodies. He holds a Masters in ComputerScience fromthe University of Leuven.

Carlos Moreira, WISeKeys Founder and CEO, commented, I am delighted that Carlo has agreed to take on this critical role. Carlos managerial experience with multinational organizations and his deep understanding of IoT and cybersecurity will be very valuable assets to our team as we continue to grow our global operations. This is a vital leadership role that will drive results, spur growth and increase the overall efficiency of the corporation.

Mr. Schpp added, It is a huge honor to have beenappointed COO of WISeKey. I look forward to working with WISeKeys amazing teams in Meyreuil, Geneva, and Brussels and helping the Company continue its incredible growth and transformation.

As COO Mr. Schpp will provide leadership and strategic vision to WISeKey and subsidiaries with strong focus on revenue generation. He will bring operational, managerial and administrative procedures, reporting structures and operation controls to the Company and foster growth among the executive team and all employees.

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large scale digital identity ecosystems for people and objects using Blockchain, AI and IoT respecting the Human as the Fulcrum of the Internet. WISeKey microprocessors secure the pervasive computing shaping todays Internet of Everything. WISeKey IoT has an install base of over 1.5 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens etc.). WISeKey is uniquely positioned to be at the edge of IoT as our semiconductors produce a huge amount of Big Data that, when analyzed with Artificial Intelligence (AI), can help industrial applications to predict the failure of their equipment before it happens.

Our technology is Trusted by the OISTE/WISeKeys Swiss based cryptographic Root of Trust (RoT) provides secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT serves as a common trust anchor to ensure the integrity of online transactions among objects and between objects and people. For more information, visit www.wisekey.com.

Press and investor contacts:

WISeKey International Holding LtdCompany Contact: Carlos MoreiraChairman & CEOTel: +41 22 594 3000info@wisekey.com

WISeKey Investor Relations (US)Contact: Lena CatiThe Equity Group Inc.Tel: +1 212 836-9611lcati@equityny.com

Disclaimer:

This communication expressly or implicitly contains certain forward-looking statements concerning WISeKey International Holding Ltd and its business. Such statements involve certain known and unknown risks, uncertainties, and other factors, which could cause the actual results, financial condition, performance, or achievements of WISeKey International Holding Ltd to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. WISeKey International Holding Ltd is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.

This press release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and it does not constitute an offering prospectus within the meaning of article 652a or article 1156 of the Swiss Code of Obligations or a listing prospectus within the meaning of the listing rules of the SIX Swiss Exchange. Investors must rely on their own evaluation of WISeKey and its securities, including the merits and risks involved. Nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of WISeKey.