The supervisory board of Gerry Weber International AG has approved the mutually agreed termination of Dr. David Frink's membership in the Managing Board. Accordingly, Dr. Frink will resign from the company's Managing Board. Dr. David Frink's resignation from the Managing Board of Gerry Weber International AG has nothing to do with the business performance of the company or one of its subsidiaries. The supervisory board has appointed Jorg Stuber as temporary board member of the company. Mr. Stuber will be responsible for Dr. Frink's former departments Finance, IR, Corporate Sourcing, Compliance and IT. Ralf Weber, CEO, will take over the responsibility for the departments Procurement, HR and Logistics.