The Supervisory Board of DVS TECHNOLOGY AG appointed Mr. Stefan Menz, LL.M., CVA, as a new member of the Management Board with effect as of July 1, 2020. The board mandate of Dipl.-Ing. Axel Loehr ends on June 30, 2020.

Mr. Stefan Menz, LL.M., CVA is appointed as Chief Financial Officer (CFO), he will be responsible for Finance, Financial Reporting, Controlling, Law, Investor Relations, IT and Purchasing with effect as of July 1, 2020.