HMS Bergbau : Corporate News from 11 January 2018

HMS Bergbau AG: Expansion of Management Board

▲ Dennis Schwindt appointed as Management Board member responsible for trading activities

Berlin, 11 January 2018: The Supervisory Board of HMS Bergbau AG, one of the leading independent commodity trading and marketing companies in Germany, has appointed Mr. Dennis Schwindt as a member of the Management Board effective immediately. As the Company's Chief Operating Officer (COO), Mr. Schwindt will be responsible for commodity trading and will continue to oversee the development of special projects and the co-management of foreign subsidiaries. With his addition, the Management Board of HMS Bergbau AG will now consist of three members.

Dennis Schwindt (41) holds a degree in Economics from the Humboldt-University in Berlin. At HMS Bergbau AG, he has been managing several operating projects within the commodity trading area as the company's authorised representative since 2012. He gained extensive experience in engineering and in the oil and gas industries from his previous positions at medium-sized German companies and international groups.

'We are pleased to appoint Mr. Dennis Schwindt as another expert within the Management Board. With his proven expertise from his many years at HMS Bergbau AG, he will make a key contribution in the Management Board to implementing the broader strategic targets of the internationally operating group', explained Dr. Hans-Dieter Harig, Chairman of the Supervisory Board of HMS Bergbau AG.

The Management Board

About HMS Bergbau AG:
Berlin-based HMS Bergbau AG is one of the leading independent raw materials marketing and trading companies in Germany, specialising in the international purchase and sale of coal and raw materials such as ore, fertilizers and cement products. Its customers include renowned energy producers and other industrial consumers worldwide, with whom it works closely to provide raw materials. HMS Bergbau AG is active primarily in Asia, Africa and Europe and also develops first-class raw material resources. Through its Polish subsidiary Silesian Coal Sp. S.A., the company also has licences to explore coal reserves in Silesia. HMS Bergbau AG also handled complex transport solutions for its customers. The company was established in 1995 and is listed on Germany's Frankfurt Stock Exchange in the Basic Board segment.