Snowbird AG announced personnel changes in the Supervisory Board. Mr. Li Gang, born in 1959, replaces Ms. Yao Xiaoman who resigned from her position due to personal reasons. Mr. Li is an expert in the garment industry where he works since 2002 and since then holds leading positions in the Henan Province Garment Industry Association. Currently he acts as the president of the Garment Industry Association of Henan Province. The other members of the Supervisory Board, Viona Brandt (Chairlady) and Thomas Bieri will remain unchanged.