Rubean AG: Pielage new CTO/COO on the Rubean board of directors

June 2, 2023

• Further organizational expansion for the significant growth
• Bernd M. Krohn moves from the Executive Board back to the Supervisory Board

Munich, June 2, 2023. Jochen Pielage was appointed to the company's Management Board by the Supervisory Board of Rubean AG, Munich (ISIN: DE0005120802, WKN: 512080), on Wednesday. Pielage will assume the roles of chief technology officer (CTO) and chief operation officer (COO) effective July 1, 2023. Bernd M. Krohn, who moved from Rubean's supervisory board to the executive board on March 1 of this year, will return to the supervisory board, also effective July 1, 2023. Krohn had held the COO portfolio in order to be able to take account of the company's considerably extended organizational tasks due to the rapid growth of the company until a suitable candidate could be engaged to replace Rubean.

Pielage was most recently CTO of Xempus AG, Munich, a technology provider supporting company pension plans and health insurance, and will join Dr. Hermann Geupel on the fintech company's board.

The Board

About Rubean:

Rubean AG is a leading provider of pure software point-of-sale solutions for banks, acquirers and merchants. Over its long history, Rubean has developed innovative software for the payments, finance and banking industries. This includes the mobile POS solution Phone-POS, which enables merchants to receive card payments directly on their smart phones without the need for another device. This solution is now being used by payment service providers, major banks, retailers and smaller merchants across Europe, now that the pilot phase for the product launch has largely been completed. In addition to its headquarters in Munich, Rubean has several locations in Germany and Europe. Rubean is listed on m:access as well as on most over-the-counter markets and XETRA.