R. STAHL Chief Operating Officer, Bernardo Kral, will step down from his position as of 30 June 2022 and will leave the company at his own request – the Supervisory Board and the company regret this decision and would like to thank Mr. Kral for his service – the search for a replacement has already begun Bernardo Kral, who joined R. STAHL in 2018 as Senior Vice President Global Operations and has been a member of the company's Executive Board alongside Dr. Mathias Hallmann since August 2021, will leave the company at his own request on 30 June 2022. Kral will dedicate himself to a new task outside the Group, a challenge he has decided to pursue after much deliberation. Kral was initially responsible for production operations at all manufacturing sites, where he was instrumental in implementing structural and process improvements, including in the area of automated manufacturing processes. As COO, he was responsible for driving operational excellence – a value lever for increasing efficiency and expanding the company's technological capabilities and market position worldwide, thus making a key contribution to the further implementation of the Group’s strategy. The successful optimization of manufacturing processes helped R. STAHL to overcome the unexpectedly difficult economic times caused by the Corona pandemic largely unscathed. The search for a suitable successor has already begun. Until this successor is appointed, CEO Dr. Mathias Hallmann will again head the Group as sole member of the Executive Board.