Volker Walprecht, member of the Executive Board of R. STAHL AG, will leave the company prematurely at the end of June 30, 2019. This step was taken in agreement with the Supervisory Board, which approved Mr. Walprecht's request for premature termination of his appointment to the Executive Board. Volker Walprecht joined R. STAHL in March 2018 as Head of Finance and Accounting and was appointed Chief Financial Officer on July 1, 2018.

In a difficult phase, he took over the finance department of the company and was in charge of securing liquidity and financing of the R. STAHL Group as well as restructuring the finance department. This task has been successfully completed. The Supervisory Board thanks Volker Walprecht for his good work over the past months.

Until a successor is appointed, Dr. Mathias Hallmann, CEO of R. STAHL AG, will take over the duties of CFO on an interim basis. R. STAHL expects the position to be filled promptly and is already in initial discussions.