Mountain Alliance AG announced changes in the Management Board and a change in the chairmanship of the Supervisory Board. In agreement with the Supervisory Board, Chief Financial Officer Justine Wonneberger did not extend her contract and left the Management Board with effect of 31 December 2019. However, she will continue to serve the company in an active advisory capacity.

Mrs. Wonneberger took over the position as CFO on 1 January 2012. In the Supervisory Board, there was an exchange of office holders for the Chairman and Deputy Chairman as of 1 January 2020. Mr. Hans-Joachim Riesenbeck has assumed the role as Chairman of the Supervisory Board of Mountain Alliance AG, Mr. Tim Schwenke will act as his deputy.

A change in the members of the Supervisory Board does not go hand in hand with this.