Walldorf, July 11, 2014: Peter Stier und Rainer Schmidt, currently members of the supervisory board, informed the company on May 27, 2014 that they will step down from the supervisory board, effective June 30, 2014. The decision to resign after twelve years of service was made in agreement with the executive board to give the company the opportunity to even better position the supervisory board for the challenges that lie ahead of the company. Daniele Di Croce has been a member of the supervisory board since 2007 and will continue serving in this position. The executive board and the supervisory board of REALTECH AG would like to thank the outgoing members of the supervisory board for their dedicated service and loyalty.

In their place, Dr. Wolfgang Erlebach and Torsten Steinhaus were named to the supervisory board and appointed by the Mannheim District Court, effective July 7, 2014.

Dr. Wolfgang Erlebach has a degree in business administration and economics and was a lecturer at the University of Regensburg until he obtained his doctorate in 1986. Dr. Erlebach served in senior positions in a number of private banks and in 1998 became a managing partner of FidesTrust Vermögenstreuhand. He is a co-founder of Alpha Family Office GmbH and has been a managing partner of the financial consulting company since 2004.

Torsten Steinhaus is a lawyer and tax consultant specializing in tax and company law. In 1996, he was a co-founder of Dr. Ebner Dr. Stolz GmbH and in 1999 he founded the law firm Steinhaus Prof. Dr. Griesar.

The company is looking forward to working with them and wishes them continued success as they set out to serve on the supervisory board.

distributed by