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on Mynaric AG (isin : DE000A0JCY11)

Mynaric AG Announces Departure of Mustafa Veziroglu and New Appointment

Munich, Germany, August 26, 2024—Mynaric AG disclosed that Mustafa Veziroglu, chairman of the Management Board, has mutually agreed with the Supervisory Board to terminate his appointment, effective immediately. Veziroglu's departure marks a significant change in the company's leadership structure.

In conjunction with this announcement, the Supervisory Board has appointed Andreas Reif as the new Chief Restructuring Officer and a member of the Management Board. This change is also effective immediately.

The company has decided to postpone its annual general meeting, which was initially scheduled for August 29, 2024. Mynaric AG will release further details regarding this postponement soon.

The strategic changes aim to position Mynaric AG better for future challenges and opportunities.

R. H.

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