Personnel change in the Management Board

05/27/2019

In its meeting today, the Supervisory Board of Heidelberger Druckmaschinen AG has consented to the amicable termination of the board position of the company's long-time CFO, Mr. Dirk Kaliebe, as of 30 September 2019. Kaliebe had informed the Supervisory Board that he was not seeking to renew his current contract, which expires in the calendar year 2021.

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05/27/2019 - Press Release

Kaliebe (53) has been a member of the Management Board of Heidelberger Druckmaschinen AG since 2006 and is responsible for Finances and Financial Services. "It was with great regret that we learned of Mr. Kaliebe's decision," said Supervisory Board Chairman Dr. Siegfried Jaschinski. At the same time, he expressed his greatest appreciation for Kaliebe's successful work, including the restructuring necessary due to the financial crisis and the various refinancing measures in recent years for the realignment of the capital structure and Heidelberg's reorientation as a digital enterprise.

Following a sabbatical, Kaliebe intends to open up a new chapter in his professional life dedicating himself to new entrepreneurial challenges.

Important note

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05/27/2019 - Press Release

Thomas_Fichtl

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

Robin Karpp
Head of Investor Relations and Group Communications Tel.: +49 (0)6222 82 67120
Fax.: +49 (0)6222 82 67129

Personnel change in the Management Board

05/27/2019

In its meeting today, the Supervisory Board of Heidelberger Druckmaschinen AG has consented to the amicable termination of the board position of the company's long-time CFO, Mr. Dirk Kaliebe, as of 30 September 2019. Kaliebe had informed the Supervisory Board that he was not seeking to renew his current contract, which expires in the calendar year 2021.

Kaliebe (53) has been a member of the Management Board of Heidelberger Druckmaschinen AG since 2006 and is responsible for Finances and Financial Services. "It was with great regret that we learned of Mr. Kaliebe's decision," said Supervisory Board Chairman Dr. Siegfried Jaschinski. At the same time, he expressed his greatest appreciation for Kaliebe's successful work, including the restructuring necessary due to the financial crisis and the various refinancing measures in recent years for the realignment of the capital structure and Heidelberg's reorientation as a digital enterprise.

Following a sabbatical, Kaliebe intends to open up a new chapter in his professional life dedicating himself to new entrepreneurial challenges.

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.

Contact

Thomas Fichtl

Pressesprecher

Tel.: +49 (0)6222 82 67123

Robin Karpp

Head of Investor Relations and Group Communications

Tel.: +49 (0)6222 82 67120

Tel.: +49 (0)6222 82 67129

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