BRIEF

on Hörmann Industries GmbH (isin : NO0012938325)

Leadership Change at HÖRMANN Industries GmbH

On October 28, 2024, HÖRMANN Industries GmbH announced that Dr. Christian Baur will resign from the Management Board on December 31, 2024. After serving as Chief Technology Officer since mid-2022, Dr. Baur has decided to leave the company to pursue new professional opportunities. During his tenure, he made significant contributions to HÖRMANN's Intralogistics division.

Following Dr. Baur's departure, CFO Johann Schmid-Davis will assume responsibility for the Intralogistics division starting January 1, 2025. The company appreciates Dr. Baur's efforts and dedication, as expressed by Dr. Andreas Albath, Chairman of the Advisory Board.

Dr. Michael Radke, CEO, and Johann Schmid-Davis will continue to lead the company's overall management.

R. P.

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