The Supervisory Board of Beiersdorf AG, Hamburg, and the Company's Chairman of the Executive Board, Stefan F. Heidenreich, have reached an amicable agreement at today's Supervisory Board meeting that he will resign from the Executive Board when his current term of office ends on December 31, 2019. Stefan F. Heidenreich will vacate his post earlier, if and when the Supervisory Board appoints a successor. The Supervisory Board additionally assigned Executive Board member Stefan De Loecker - currently in charge of the "Near East/Americas" regions - the board responsibility for "Planning, Strategy and Corporate Development", as deputy of the Chairman of the Executive Board, as from July 1, 2018.