1About Cicor

GRI 2-1: Organizational details

The Cicor Group, with headquarters in Bronschhofen, Switzerland, operates globally, providing full-cycle electronic solutions from research and development to manufacturing and supply chain management. Cicor’s approximately 3 300 employees at 20 locations (31 December 2024) are serving leaders from the medical, industrial and aerospace & defence industries. Cicor creates value for its customers through the combination of customer-specific development solutions, high-tech components and electronic device manufacturing.

Cicor sites as of 31 December 2024

1.1 Mission Statement

“The company provides high-end electronic solutions aiming to be the partner of choice for product creation and manufacturing services.”

From concept to market, Cicor offers comprehensive development and manufacturing services, complemented by specialised components that enable groundbreaking products. The Company’s focus is on fostering innovation and ensuring that every solution meets the high quality standards.

Cicor strives to be a trusted partner for the long haul. By prioritising outstanding product and service quality, the Company aims to become the first choice for its customers. Cicor’s unique platform of products and services, coupled with a global footprint of operating sites, ensures support for its target markets. A detailed description of the Company’s target markets is also shared in the chapter About Cicor within the Management Report section of this annual report.

1.2 Guided by Core Values

Cicor’s success is underpinned by five core values that shape and define how the Company engages with customers, employees, investors and other stakeholders. The Cicor core values are defined as Customer Focus, High Performance, Trust, Collaboration and Integrity and Respect. These values shape the Company’s day-to-day business. The Company’s global success is rooted in the expertise, dedication and diversity of its employees. Every member of the organisation contributes to the Company’s mission and values of delivering excellence, fostering innovation, and driving progress for the Company’s customers.

Customer Focus

The Company understands its customers’ needs and delivers solutions that create strong, lasting relationships. In exceeding expectations, Cicor is not only satisfying its customers but also advancing the Company’s strategic goals.

High Performance

Cicor is driven to excellence. The Company pushes boundaries to achieve high-quality results, taking pride in finding the best solutions and aiming to consistently outperform key objectives.

Trust

The Company nurtures dependable, positive relationships with all stakeholders, fostering an environment of confidence and reliability.

Collaboration

Collaboration Success at Cicor is built on teamwork. By integrating diverse skills and perspectives, the Company works collaboratively to overcome challenges, seize opportunities and drive meaningful change.

Integrity & Respect

Acting ethically and transparently in all business dealings is fundamental to the Company’s identity. Ensuring every stakeholder is treated with dignity and respect is fundamental to Cicor.

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