BMW : Milagros Caiña-Andree will not seek a further term of office as Member of the Board of Management of BMW AG

Munich. Milagros Caiña-Andree gave notice to the Chairman of the Supervisory Board of BMW AG that for personal reasons she will not seek a further term of office as Member of the Board of Management of BMW AG, Human Resources and Labour Relation.

The Chairman of the Supervisory Board, Dr Norbert Reithofer, has respect and understanding for her decision.

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With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the BMW Group is the world's leading premium manufacturer of automobiles and motorcycles and also provides premium financial and mobility services. The BMW Group production network comprises 31 production and assembly facilities in 15 countries; the company has a global sales network in more than 140 countries.

In 2018, the BMW Group sold over 2,490,000 passenger vehicles and more than 165,000 motorcycles worldwide. The profit before tax in the financial year 2018 was € 9.815 billion on revenues amounting to € 97.480 billion. As of 31 December 2018, the BMW Group had a workforce of 134,682 employees.

The success of the BMW Group has always been based on long-term thinking and responsible action. The company has therefore established ecological and social sustainability throughout the value chain, comprehensive product responsibility and a clear commitment to conserving resources as an integral part of its strategy.

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