Compliance with applicable laws is of paramount importance for Infineon, and we have established robust policies and processes to comply with these laws. It proves difficult to control sales throughout the entire lifetime of a product. Infineon produces around 30 billion chips per year. Still, we have taken extensive measures at our disposal to ensure compliance with sanctions, aiming to not only comply with the letter but also with the spirit of the sanctions. Infineon takes this situation very seriously.

Infineon has taken extensive measures to stop all direct and indirect shipments to Russia immediately after the Russian attack on Ukraine regardless of the legal possibility to continue certain transactions. As decided in March 2022, Infineon subsequently liquidated its entity in Russia.

Infineon instructed all distribution partners globally to implement robust measures that will prevent any diversion of Infineon products or services contrary to the sanctions. Infineon has reiterated and specified this clear position several times in communications to its distribution partners.

We are using various data sources to oversee compliance with existing regulations. In case we get tangible evidence that companies with which we have a business relationship are doing trade with Russia, we terminate the delivery and demand clarification from the company in question