The Board of MBB SE appointed a new Executive Management effective as of 1 July 2018, as the contracts of the Executive Officers expire on 30 June 2018. Dr. Christof Nesemeier, CEO and member of the Board will continue to lead the executive management and will be responsible for strategy, capital allocation and finance. Klaus Seidel, currently CTO and part of MBB's management since 1999, will be COO and responsible for technology, legal and the development of portfolio companies.

Dr. Constantin Mang, who joined the MBB group in 2014, will be CIO and responsible for Mergers & Acquisitions as well as Investor Relations. The contracts were signed for a term from July 1, 2018 to June 30, 2021. Anton Breitkopf, currently CFO and Dr. Gerrit Karalus, currently CIO, do not wish to extend their contracts expiring on 30 June 2018.

The board is grateful to both of them for their very successful work. The board will propose to the Annual General Meeting on June 28, 2018 to appoint Anton Breitkopf as a fourth member of the board in order to continue the decade-long successful collaboration in a new function.