Joint press release from Giesecke & Devrient and Infineon Technologies

Giesecke & Devrient and Infineon Provide Contactless Smart Cards Compliant with CIPURSE™ Open Standard in Volume Quantities

Neubiberg and Munich, Germany – November 18, 2013 – The world’s first contactless smart cards compliant with the CIPURSE™ open security standard are now being used in different projects in Brazil. The cards provide a convenient and cashless way to pay for services such as taxi rides or use health care. Manufactured by Giesecke & Devrient (G&D), the cards are based on a CIPURSE-compatible contactless security controller from Infineon Technologies. Initially defined for flexible and contactless transport and ticketing systems, CIPURSE also allows the flexible combination of identity and payment functions in mobile devices or multiple application cards. As a truly open standard, CIPURSE helped the local system integrator Rede Protege move its applications to a higher security level, with increased flexibility and performance using existing reader infrastructure. “The open standard concept along with a modern and secure chip convinced us to adopt CIPURSE for next-generation smart cards and disposable tickets”, says Josenesio Pedrosa, CEO of Rede Protege Group which is responsible for implementing these projects in Brazil. CIPURSE is highly flexible and allows the combination of multiple transport- and ticketing applications on a single card. The cards can also easily support identity or payment functions. Utilizing the advanced AES 128 encryption algorithm, CIPURSE enables fast and secure transactions. Furthermore, a certification process ensures compatibility of CIPURSE products from different suppliers. This combination of features makes CIPURSE an ideal solution to implement open and future-proof contactless systems without compromising on security. The OSPT Alliance (Open Standard for Public Transportation) develops and defines the specifications for the standard. Its members include G&D, Infineon, and other leading industrial corporations, as well as representatives of the public authorities and the municipal transport sector. Further information is available at www.osptalliance.com “The reference projects in Brazil mark an important milestone in the introduction of CIPURSE. The different applications prove the great flexibility of the new standard for secure contactless systems,” said Laurent Cremer, Executive Director of the OSPT Alliance. Contactless cards from G&D are being distributed in the Brazilian projects. The Infineon security controller used is the only worldwide solution to support both the open CIPURSE standard as well as existing Mifare Classic-compatible systems enabling a smooth migration to future-proof CIPURSE systems. For this reason, the chip card industry awarded Infineon with the Sesames Award 2012 for the most innovative product in the transport category. For more information about chip cards and security solutions at Infineon, please visit: www.infineon.com/chip-card-and-security Brazil is one of the most dynamic growth markets in Latin America and is the guest of honor country at the center of this year’s CARTES 2013, the leading trade conference and exhibition for the chip card industry which takes place in Paris from November 19 – 21, 2013. About Giesecke & Devrient Giesecke & Devrient (G&D) is a leading international technology provider headquartered in Munich, Germany. Founded in 1852, the Group has a workforce of over 11,200 employees and generated sales of approximately EUR 1.8 billion in the 2012 fiscal year. 58 subsidiaries and joint ventures in 32 countries ensure customer proximity worldwide. G&D develops, produces, and distributes products and solutions in the payment, secure communication, and identity management sectors. G&D is a technology leader in these markets and holds a strong competitive position. The Group's customer base mainly comprises central and commercial banks, mobile network operators, business enterprises, governments, and public authorities. For more information, please visit: www.gi-de.com

About Infineon Infineon Technologies AG, Neubiberg, Germany, offers semiconductor and system solutions addressing three central challenges to modern society: energy efficiency, mobility, and security. In the 2013 fiscal year (ending September 30), the Company reported sales of EUR 3.84 billion with around 26,700 employees worldwide. Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY). Further information is available at www.infineon.com.