P3 Group AG becomes umlaut AG - About our amazing transformation

So, we have a new brand. Our well-established company P3 Group AG changes its name to umlaut AG.

"The old name was well established over more than two decades. We used to live “P3”. And people in our industries know it very well by now. Why would anybody do this change? When our company was founded, we were all excited and wanted to make a ding in the universe. And our recipe to do this was a huge success when you look at our client base, our portfolio and our financials. But over the years, within the P3 Group we developed different views and objectives and we had intense discussions on the way forward, but we could not agree. The Split However, most of us wanted to stand together and wanted to evolve the company, give it modern and professional governance with checks and balances, do exciting projects and keep growing and finally even dare to rebrand it. The CODENAME of this project was NOVA and was managed by an interdisciplinary team.[NOVA CoreTeam]It was in early 2019 when we split the P3 we all loved into two parts: in doing so we kicked open the doors to a new era. Within the last we established a new governance for NOVA, giving all stakeholders a voice that is heard. We developed a joint vision for NOVA - where we are heading to and what we stand for. We performed a change of generation, passing the leadership of NOVA from the founders to the next generation. And we established a clear path to shareholdership for more of our incredible employees. The Result The immediate result was immediate and tremendous growth, just by bringing our people together. Within one year, we tore down the old silo structure of industry verticals and now collaborate intensely across boundaries, for the sake of our customers. We are a big gun in aerospace, automotive, energy, the public sector, and telecommunication." umlaut is our new brand, but our core values remain the same Our customers and our employees are most important. We deliver solid consulting, engineering and testing to our clients, truly end-to-end. We think out of the box. We are always authentic. We are fun to work with. And we always deliver something on top. An extra to the ordinary. 2+ decades of successful deliveries and completions, 400m+ annual turnover, 50+ locations all over the world, 20+ subsidiaries, 4,300+ experts/engineers/enthusiasts from 80+ nations to add something on top for your business success." Happy Birthday, umlaut! Hakan Ekmen Chief Executive Officer Telecommunication at umlaut We’ve got a new website, too. Check it out: www.umlaut.com

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umlaut d.o.o.

P3 Group AG becomes umlaut AG - About our amazing transformation

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