SURTECO GROUP SE: Change in the Management Board

The CEO and Chairman of the Management Board of the Company, Dr.-Ing. Herbert Müller, has asked the Supervisory Board to prematurely terminate his service agreement expiring on 30 June 2021 in the course of 2019. The Supervisory Board regrettably complied with this request at its meeting on 19 December 2018. The Supervisory Board would like to express his profound gratitude for Dr. Müller rendering services to the Company and its predecessor companies for more than 30 years, his merits to the SURTECO Group, his loyalty and long-standing solidarity as well as the good cooperation with the Supervisory Board, the shareholder representatives and the other members of the Management Board.

In its meeting of 19 December 2018, the Supervisory Board of the Company approved the execution of a service agreement as director with Mr. Wolfgang Moyses, MBA. Mr. Moyses is currently Chairman of the Executive Board of SIMONA Aktiengesellschaft, Kirn, and member of the Supervisory Board of SURTECO GROUP SE. He is to be appointed Chairman of the Executive Board of SURTECO GROUP SE with effect from 1 November 2019 or, if possible, from an earlier date for a term of office of five years. Mr. Moyses will resign from his office of a member of the Supervisory Board of the Company prior to the beginning of his term of office as Chairman of the Executive Board.