Varengold Bank AG / Key word(s): Change of Personnel/Miscellaneous 07.04.2016 13:00 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer / publisher is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Hamburg, 7th April 2016 - Mr. Edo Barac has irrevocably resigned his position as a member of the Supervisory Board of Varengold Bank AG with effect from 31st March 2016. We thank Mr. Barac for his activities as Supervisory Board member. On application of the Management Board, the Local Court Hamburg appointed Mr. Alexander Koerner from Langenselbold as member of the Supervisory Board by resolution of 1st April 2016. Mr. Koerner is CEO of GreenShield Capital GmbH and he has obtained specific experience in the field of international finance and capital markets. We are delighted to welcome Mr. Koerner in the Supervisory Board of Varengold Bank AG. 07.04.2016 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Varengold Bank AG Große Elbstraße 27 22767 Hamburg Germany Phone: +49 (0)40 / 668649-0 Fax: +49 (0)40 / 668649-49 E-mail: [email protected] Internet: www.varengold.de ISIN: DE0005479307 WKN: 547930 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart; Open Market (Entry Standard) in Frankfurt End of Announcement DGAP News-Service ---------------------------------------------------------------------------