TUI AG announced that Mr. Friedrich Joussen, CEO of TUI AG, exercised his right to resign from his office as a member of the Executive Board with effect from 30 September 2022. At its meeting on 23 June 2022, the Presiding Committee of TUI AG's Supervisory Board resolved to propose to the Supervisory Board that, in the event of Mr. Friedrich Joussen's resignation, Mr. Sebastian Ebel, currently TUI AG's Chief Financial Officer, shall be appointed Chairman of the Executive Board. with effect from 01 October 2022.