Press Release: Feintool: Significant decline in -2-

Apprentices 78 91 -14.3

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Feintool's 2020 half-year report can be found at https://www.feintool.com/en/company/investor-relations/

https://www.feintool.com/en/company/investor-relations/

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About Feintool

Feintool is an internationally active technology and market leader in

the field of fineblanking. This technology is characterized by

cost-effectiveness, highest quality and productivity. As a driver of

innovation, we continually expand the horizons of fineblanking and

develop intelligent solutions to meet the requirements of our customers:

either fineblanking systems with innovative tools or the complete

production of precise fineblanked, formed and stamped electro lamination

components in high outputs for demanding industrial applications. The

processes used support the trends in the automotive industry. Feintool

acts as a project and development partner in the areas of lightweight

construction/sustainability, module variations/platforms and alternative

drive concepts such as hybrid and electric drives. The company, founded

in 1959 and headquartered in Lyss, Switzerland, owns its production

plants and technology centers in Europe, the United States, China and

Japan, always making sure to be geographically close to its customers.

Around 2,600 employees and over 80 trainees work worldwide on new

solutions and create key advantages for Feintool customers.

Feintool International Holding AG

Industriering 8

3250 Lyss

Schweiz

Media spokesperson

Karin Labhart

Phone +41-32-387-5157

Mobile +41-79-609-2202

https://www.globenewswire.com/Tracker?data=bAsIKhZFuEstekT29SXg7Tq9bMwFZo5z_o0qSp8gVkOCYq6DEu3UeP3GrN-zhVKhpIbLJBbpxYlcgyzVbaMA8Ymnl1I1V29sycmXyOslSFeSMOEJAZCDxBz3cHpLg1yA

karin.labhart@feintool.com

www.feintool.com

The press release can be downloaded from the following link:

Press Release (PDF)

https://www.globenewswire.com/Tracker?data=-_mSUag099c-NR8UfM0uNu5ZnBhvD8_4YiTB6FS-WvRFGVk-AbhgudDaSDtaI0XOv4fTPzV4sYfbsn4pjfkN7w99aA0R1XB9-YDUPmxWH4ZHn3tcJy5o0or2OhtyG758uxmIhBSwW65hO7MK2aas0BNMDp0R46aJHwh-s5bKKknmQazdThmfZw2vsQS9MaOn

(END) Dow Jones Newswires

August 14, 2020 01:00 ET (05:00 GMT)