SUSE S.A. announced that, following a proposal from the Company's Nomination and Remuneration Committee, the Supervisory Board has appointed Sheng Liang to the Supervisory Board with immediate effect, until the Company's next shareholder meeting. With this step Sheng Liang is transitioning from his operating role as President of Engineering and Innovation to a non-executive role on the Supervisory Board. Sheng Liang, before joining SUSE through the acquisition of Rancher Labs was the CEO and co-founder of Rancher Labs.

He has been instrumental in the rapid growth of the Company's expanding portfolio into the container management and security space. Sheng Liang will replace EQT Partner Matteo Thun, who resigned from the Supervisory Board on 6 July 2022. The Supervisory Board intends to propose Sheng Liang for appointment to the Supervisory Board at the Company's next shareholder meeting.

EQT will continue to be represented on the Supervisory Board by Johannes Reichel.