CEWE Stiftung & Co. KGaA Announces Settlement in Management Dispute

On May 2, 2024, CEWE Stiftung & Co. KGaA reported the resolution of legal disputes at the Oldenburg Regional Court. The Neumüller CEWE Color Foundation, alongside former and current members of the Board of Trustees, resolved a conflict concerning the extension of Dr. Hollander’s term beyond December 31, 2022. This extension was initially resolved in November 2022 but had faced opposition. The specific details of the settlement remain confidential.

This agreement formally concludes the ongoing differences regarding Dr. Hollander's term on the Board of Trustees. The management of CEWE and the involved parties have expressed satisfaction with the amicable resolution of the dispute. They believe it will foster a peaceful continuation of operations. The CEWE management also reiterated their appreciation for Dr. Hollander’s long-standing contributions to the company.