The Supervisory Board of Noratis AG has reorganised the chairmanship of the Supervisory Board with effect from 1 January 2021 against the backdrop of the stake acquired by the Merz Group and with a view to the further growth course of the company. The former member of the Supervisory Board Dr. Henning Schröer was elected as the new chairman of the Supervisory Board. Dr. Schröer is the Head of the Family Office and Managing Director of the real estate companies of the Merz Family, which is the largest shareholder of Noratis AG with around 49%. The taking over of the chairmanship of the Supervisory Board underlines the strong and long-term commitment of the Merz Family. The former chairman of the Supervisory Board, Dr. Florian Stetter, will act as deputy chairman of the Supervisory Board. The other members of the Supervisory Board are Michael Nick, Hendrik von Paepcke and Christof Scholl.