HUGO BOSS AG / Key word(s): Change of Personnel 16.05.2016 17:14 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The personnel committee of HUGO BOSS AG has resolved in today's Supervisory Board meeting to propose Mark Langer to be appointed Chairman of the Managing Board and CEO of HUGO BOSS AG. For this decision the approval of the Supervisory Board is expected shortly. --------------------------------------------------------------------------- Information and Explanation of the Issuer to this News: The personnel committee of HUGO BOSS AG has resolved in today's Supervisory Board meeting and after careful consideration of different options to propose Mark Langer to be appointed Chairman of the Managing Board and CEO of HUGO BOSS AG. For this decision the approval of the Supervisory Board is expected shortly. Mark Langer has joined HUGO BOSS thirteen years ago, becoming Chief Financial Officer and member of the Managing Board in 2010. Supervisory Board chairman Michel Perraudin: 'I am convinced that appointing Mark Langer is absolutely the right decision, especially in the current situation. Mr. Langer has our complete confidence. With the actions already taken within the last couple of months, he has acted quickly and shown great determination as well as strategic foresight.' Mark Langer: 'I am very much looking forward to taking over this challenging and responsible task. Due to my long-standing work for HUGO BOSS I have a clear understanding of the company's potential and know what we need to do to get it back on track for profitable and sustainable growth.' Further information on HUGO BOSS can be found at hugoboss.com. If you have any questions, please contact: Dr. Hjördis Kettenbach Head of Corporate Communication Phone: +49 7123 94-83375 Fax: +49 7123 94-80237 Dennis Weber Head of Investor Relations Phone: +49 7123 94-86267 Fax: +49 7123 94-886267 16.05.2016 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: HUGO BOSS AG Dieselstraße 12 72555 Metzingen Germany Phone: +49 (0)712 394-0 Fax: +49 (0)712 394-80259 E-mail: [email protected] Internet: www.hugoboss.com ISIN: DE000A1PHFF7 WKN: A1PHFF Indices: MDAX Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich; Terminbörse EUREX End of Announcement DGAP News-Service ---------------------------------------------------------------------------