KEMET Rings the Closing Bell at the New York Stock Exchange

In celebration of the KEMET’s 100-year anniversary, our Chief Executive Officer, William M. Lowe Jr., together with our Board of Directors, senior leadership team, and key business partners, rang The Closing Bell® at the New York Stock Exchange (NYSE) on Wednesday, June 12, 2019 at 4:00 p.m. EDT.

By ringing the Bell, KEMET became part of a legacy dating back to the 1870s. The trading floor bells mark the start and the end of the day’s trading. The Opening and Closing Bells have been rung by heads of state, company leaders, celebrities, and even beloved children’s characters. At mid-day, KEMET’s banner was raised on the front of the New York Stock Exchange façade in celebration of our 100 years of innovation. In addition to the day’s activities, KEMET marked the occasion by taking out an ad in Times Square. The ad, which ran for the week, could be seen on CNBC as well.

KEMET’s longevity is impressive, and we have had a vast impact, always striving to make the world a better, safer, more connected place to live. KEMET innovations have enabled some of the most significant technological advances throughout history — from the vacuum tube and transistor eras to pioneering discoveries of the 21st Century. Today, KEMET engineers, designs, manufactures and provides worldwide products and service that support the latest technologies. Throughout its global operations, sustainability is an integral part of KEMET’s culture. Looking toward the next 100 years, we have a lot to contribute to emerging markets.

“Not only have we led technological change and become one of the global leaders in our industry through the strength of our products, manufacturing capabilities, sustainability initiatives and innovation, but we’re poised for further growth,” stated William M. Lowe Jr., KEMET Chief Executive Officer. “In today’s increasingly electrified and connected world, KEMET is more important than ever. Innovation and the development of materials science is inherent to our very fabric. As our continued year-on-year growth demonstrates, we are set to drive success and leadership into our next one hundred years through the launch of future technologies that will underpin new products and services brought to market in the years to come. I’m immensely proud of our unwavering commitment to our mission in making the world a better, safer and more connected place to live,” continued Lowe.

KEMET has grown dramatically over the last century and now has approximately 15,000 employees and 23 manufacturing locations worldwide, with revenues of approximately $1.4 billion. In the last fiscal year ending in March 2019, the Company shipped an estimated 54 billion components to 188 countries and approximately 180,000 customers.

Watch CEO William M. Lowe Jr. and the KEMET Board of Directors ring the Closing Bell.

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