Change in the Supervisory Board of fme AG

Brunswick, Germany February 13, 2019 Munich-based economic expert Dr. Axel Krieger replaced Helmut Streiff as a member of the Supervisory Board.

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On February 12, 2019, Dr. Axel Krieger succeeded Mr. Helmut Streiff on theSupervisory Board of fme AG. Mr. Streiff has been a valued member of the Supervisory Board since 2009. In his controlling function, he played a decisive role in shaping fme AG’s long-standing success. He is resigning from the Supervisory Board at his own request at the age of 70.

»After many years of successful and extremely pleasant cooperation, I personally decided to resign from the Supervisory Board of fme AG«, said Mr. Streiff. »I look back with joy and a little pride, but also wistfully, on the path that I have taken together with fme AG over the past ten years. fme is a flourishing company with healthy growth, a very special corporate culture and a sustainable self-image. It was a pleasure for me to contribute my entrepreneurial experience to the cooperation and to learn new things regularly.«

The entire Management Board appreciates the extraordinary commitment of Mr. Streiff, as Dirk Bode, Chairman of the Board of fme AG, confirmed: »We would like to thank Helmut Streiff for his many years of personal commitment to fme AG. In the ten years he has been a member of the Supervisory Board, we have worked together very constructively and have continued to advance the successful and sustainable course of fme AG. We wish him all the best for the future. At the same time, we are very pleased that with Dr. Krieger we were once again able to win an outstanding industry expert for the Supervisory Board of fme AG.«

With Axel Krieger, fme AG has succeeded in getting an economic expert withinternational experience on board for the Supervisory Board. The graduate engineer is Managing Director and Founding Partner of the growth investor Digital+ Partners. Prior to this, he worked for 16 years for the corporate and strategy consulting firm McKinsey, nine of which as a partner. Dr. Krieger has more than ten years of experience in the fields of e-mobility, industry 4.0 and autonomous vehicles.

»I look forward to my new tasks at fme AG. fme operates in the field of tension between technological disruption and established processes. For many companies, digital transformation is one of the central challenges that will determine future success. The automotive industry and industrial manufacturing are particularly affected by this,« explains Dr. Krieger, adding: »I am looking forward to contributing my many years of international experience in these fields to the cooperation with fme.«

Helmut Streiff left the Supervisory Board.

Dr. Axel Krieger took office on February 12.

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