STS Group AG announced changes to the company's Supervisory Board and Management Board. Mr. Robin Laik, the previous Chairman of the Supervisory Board, and Dr. Kristian Schleede, the previous Deputy Chairman of the Supervisory Board, resigned their Supervisory Board mandates with effect from the end of 20 June 2020. Dr. Bernd Maierhofer will remain a member of the Supervisory Board of STS Group. Robin Laik and Dr. Kristian Schleede had been members of the Supervisory Board of STS Group since 2018. Robin Laik, as Chief Executive Officer, and Dr. Kristian Schleede, as Chief Restructuring Officer, wish to focus on their activities on the Management Board of Mutares SE & CO. There are also changes in the Management Board. Mr. Patrick Oschust left the Management Board on 31 May 2020. Dr. Ulrich Hauck (CFO) also resigned from his position as a member of the Management Board of STS Group AG on 20 June 2020. Mr. Patrick Oschust was appointed as Chief Production Officer in 2017. Under his leadership, the STS plants were merged, converted to uniform standards, synergies increased and productivity successfully enhanced. Mr. Patrick Oschust was appointed as Chief Production Officer in 2017. Under his leadership, the STS plants were merged, converted to uniform standards, synergies increased and productivity successfully enhanced. Dr. Ulrich Hauck took over as Chief Financial Officer in 2019 in a difficult phase and led the Group professionally through the very challenging Corona environment. Dr. Hauck played a key role in the reorganization of the STS Group.