Ad hoc - Notification pursuant to Article 17 MAR.

Heidelberger Druckmaschinen AG.

Heidelberger Druckmaschinen AG: Changes in the Management Board

Heidelberg, April 19, 2024 / 12:18 CET/CEST

At its meeting today, the Supervisory Board of Heidelberger Druckmaschinen AG resolved a change in the chairmanship of the Management Board of Heidelberger Druckmaschinen AG and an expansion of the company's Management Board.

Jürgen Otto has been appointed Chairman of the Management Board (CEO) of Heidelberger Druckmaschinen AG with effect from 1 July 2024 for a term of three years. The current CEO, Dr. Ludwin Monz, will resign from his position as CEO and step down from the Management Board at his own request in agreement with the Supervisory Board with effect at the end of 30 June 2024.

At today's meeting, the Management Board also decided to appoint Dr. David Schmedding as an additional member of the Management Board for a term of three years, effective from 1 July 2024. Dr. Schmedding will be responsible in particular for the Sales and Service division. The Management Board of Heidelberger Druckmaschinen AG also continues to include Tania von der Goltz as Chief Financial Officer.

Investor Relations
Maximilian Beyer
Tel: +49 (0)6222 82-67120

Corporate Communications
Florian Pitzinger
Tel.: +49 (0)151 67968774

Thomas Fichtl
Tel.: +49 (0)6222 82-67123

Important note:
This press release contains forward-looking statements based on assumptions and estimations by the Management Board of Heidelberger Druckmaschinen Aktiengesellschaft. Even though the Management Board is of the opinion that those assumptions and estimations are realistic, the actual future development and results may deviate substantially from these forward-looking statements due to various factors, such as changes in the macro-economic situation, in the exchange rates, in the interest rates, and in the print media industry. Heidelberger Druckmaschinen Aktiengesellschaft gives no warranty and does not assume liability for any damages in case the future development and the projected results do not correspond with the forward-looking statements contained in this press release.

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