Release of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014

Stuttgart, October 12, 2022 - Axelle Mazé will take over the position of Chief Financial Officer (CFO) from mid-October 2022, succeeding Dr. Markus Wesel. Axelle Mazé, a French native, has been working for the CENIT Group for eight years in the position of CFO of the French subsidiary KEONYS in Paris.

Rainer Koppitz, Chairman of the Supervisory Board of CENIT AG, comments on the change: "With Axel Mazé, we are able to appoint an internal successor who is already deeply familiar with the company's solutions segments and has close ties to the operating business in the core markets of France and DACH. In addition, Axelle Mazé has already contributed significantly to the acquisitions in the M&A field of CENIT AG, so that now an already experienced Management Board team will drive CENIT's growth forward in a strengthened way. In her new role, Axelle Mazé will also play a key role at board level in strengthening the partnership relations with the strategic partner Dassault Systèmes in Paris."

The current CFO, Dr. Markus Wesel, will pursue a new professional challenge, in the course of which he has offered to make the change possible before his contract expires. He will be ending his mandate by best mutual agreement with effect from October 15, 2022. The Supervisory Board thanks Dr. Markus Wesel for this gesture and for his commitment and contribution in recent years.

Tanja Marinovic
Tanja Marinovic
Marketing/ Investor Relations