At their final meetings before the turn of the year 2020/21, the Supervisory Boards of Hornbach Baumarkt AG and Hornbach Management AG have once again laid key foundations for the further successful strategic development of the Group. By extending the contracts with two members of the respective Boards of Management, Albrecht Hornbach and Susanne Jäger, the Supervisory Boards are basing the Hornbach Group's management on a healthy mix of continuity and change. After nearly 25 years of board responsibility at Hornbach, Chief Financial Officer Roland Pelka will retire in the coming year and, with the approval of the Supervisory Board, stand down from his positions as of March 31, 2021. His successor as CFO both of Hornbach Baumarkt AG and of Hornbach Management AG as of April 1, 2021 is Karin Dohm. As already communicated, she was appointed in September 2020 to be a new member of the Boards of Management of both companies as of January 1, 2021. During the three-month transition period, Karin Dohm is to be provided with the best possible introduction to the finance department. The responsibilities of the CFO include finance, accounting and tax, controlling, risk management, loss prevention, group communications, and internal audit, legal affairs, and compliance.