The Supervisory Board of Vita 34 AG has appointed Andreas Schafhirt as new Chief Financial Officer effective August 16, 2021. Andreas Schafhirt has more than 20 years of experience as Chief Financial Officer of both listed and private medium-sized companies. In addition to his expertise in international accounting and controlling, he has successfully supported various corporate restructurings, M&A processes and capital market transactions in the past. Most recently, he served as Chief Financial Officer at Biella-Neher AG, a Swiss-listed company, where his responsibilities included the IPO in 2006, the sale of the company through a structured bidding process in 2019, and the subsequent integration of the company into the acquirer's organization. Andreas Schafhirt was initially appointed to the company's Executive Board until April 30, 2022. His predecessor in the position of Chief Financial Officer, Falk Neukirch, has resigned from his position at his own request and left the company to pursue a new challenge.