The supervisory board of Varengold Wertpapierhandelsbank AG appointed Mr. M. Hans Dastmaltchi as additional member of the managing board with effect from March 1, 2012. He will now conduct the business together with Yasin Sebastian Qureshi and Steffen Fix. In his position as member of the managing board, Mr. Dastmaltchi will be responsible for sales and marketing in the field of Capital-Markets-Brokerage. Mr. Dastmaltchi has been active in the company since 1997 and operated as general representative of the company in the past three years.