The Central and Eastern Europe Fund, Inc., The European Equity Fund, Inc. and The New Germany Fund, Inc. each announced that, in connection with the previously announced retirements of Mr. Christian Strenger and Dr. Christopher Pleister from each Fund?s Board, the Board of Directors has appointed Mr. Bernhard Koepp, Independent Director of each Fund, to succeed Mr. Christian Strenger as the Chairman of each Fund?s Board effective January 1, 2024, rather than Mr. Walter C. Dostmann, as previously announced. Mr. Dostmann will continue to serve as a Director for the Funds.