The supervisory board of DF Deutsche Forfait AG has appointed Ms. Gabriele Kr-mer und Mr. Christoph Charpentier as new management board members of the company. Both new members of the board collectively have been with the company for approximately 25 years and thus have longstanding experience in the forfaiting business and intensive knowledge of DF Group. Ms. Kr-mer has been Head of Operations, Mr. Charpentier has been Head of Finance of the company. Both have joint power of representation and were appointed for one year. The new management board will have a mandate to ensure compliance with all the applicable US, UK, and EU laws including but not limited to economic sanctions provisions.