The Supervisory Board of cyan AG appointed Martin Wachter as the company's new Chief Financial Officer (CFO), effective December 1, 2021 until the end of 2023. The management contract with Michael Sieghart, cyan AG's CFO of many years, will be amicably ended as of December 31, 2021. With Martin Wachter, the Supervisory Board has been able to attract a proven financial specialist who, with his international management experience, will support the further development and repositioning of cyan AG. Martin Wachter has over 35 years of financial experience with 25 of those years in management positions. He looks back on a long career in banking, most recently as a member of the management board of LGT Bank in Austria and as a member of the management board of Bank Alpinum.