Centrotherm photovoltaics : Change to Management Board of centrotherm photovoltaics AG

The Supervisory Board of centrotherm photovoltaics AG has appointed Gunter Fauth as member of its Management Board with effect from October 1, 2016. As Chief Operating Officer, he succeeds Peter Augustin, who steps down from the Manage-ment Board at the end of September by way of agreement. The Management Board of centrotherm photovoltaics AG will consequently consist of members Jan von Schuckmann (Sales & Technology, Finance) and Gunter Fauth (Operations) from October 1, 2016. The Supervisory Board has appointed Jan von Schuckmann as Management Board Chairman (CEO) of centrotherm photovoltaics AG with effect from October 1, 2016.

Gunter Fauth has been active at technology and systems supplier centrotherm since 2012, including as interim manager of a subsidiary, and since August 2013 as general manager at centrotherm photovoltaics AG. He draws on more than 20 years' management experience at large corporate groups, as well as at medium-sized companies, including several years as a commercial managing director. As independent entrepreneur, Gunter Fauth also brings with him extensive management experience in advising medium-sized companies. In recent years, he has been particularly responsible for implementing and realizing reorganization and optimization processes within the centrotherm Group.

'With the appointment of Gunter Fauth to our Management Board, we have installed a very good succession arrangement for Peter Augustin. This arrangement sends a strong signal of continuity to our employees,' emphasizes Supervisory Board Chairman Robert M. Hartung before adding: 'I would like to extend my express and heart-felt thanks to Peter Augustin, who has made significant contributions as Management Board member to restructuring centrotherm and to further expanding our business with the semiconductor and microelectronics industry.'

Peter Augustin has been active as Chief Operating Officer at centrotherm photovoltaics AG since November 2012. After he steps down as Management Board member at the end of September 2016, Peter Augustin will continue to assist the company in a consultative function in the Semiconductor & Microelectronics area.

About centrotherm photovoltaics AG

centrotherm has been developing and realizing innovative thermal solutions for over 50 years. As a leading and globally operating technology group, we offer production solutions for the photovoltaic, semiconductor and microelectronic industries.

The continuous further development of our successful solutions in thermal processing and coating, such as for manufacturing crystalline solar cells and power semiconductors, form the basis for our successful partnerships with industry, research and development.

Our customers worldwide appreciate our production systems' process stability, scalability and availability in mass production. Above and beyond this, our work is distinguished by the fact that we create high-end process technology solutions which are specific for our customers and tailored to their requirements, and the fact that we are outstanding in system build-ing.

We jointly confront the daily challenges of setting new trends, maximizing the efficiency of producing, for example, solar cells and semiconductors, and, coupled with our long machine durations, of securing investments.

In this way, we generate valuable competitive advantages for our customers through targeted innovations to processes and production solutions.

Our around 650 staff worldwide are committed to the further development of high-tech solutions for key markets.

centrotherm photovoltaics AG
Johannes-Schmid-Str. 8
89143 Blaubeuren
Internet: www.centrotherm.de
German Securities Identification Number (WKN): A1TNMM (bearer shares); A1TNMN (unlisted shares from the non-cash capital increase)
ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase)
Admitted to the Open Market/Entry Standard, Frankfurt Stock Exchange
Corporate domicile: Germany

Contact:

Nathalie Albrecht
Manager Public & Investor Relations
Tel: +49 7344 918-6304
E-Mail