In its meeting on May 24, 2012, Salzgitter AG Supervisory Board appointed Michael Kieckbusch (50), who holds a degree in economics, as the Executive Board member responsible for Personnel and Services, effective April 1, 2013. Mr. Kieckbusch is the successor to Mr. Peter-Juergen Schneider who, after ten years of serving on the Executive Board, will retire on March 31, 2013. Prior to this appointment, Michael Kieckbusch, who joined the Group in 1989, was active as a member of the Executive Board of Salzgitter Stahl GmbH and Managing Director/CO Human Resources of the three steel companies in Salzgitter, Peine and llsenburg.