GERMANY - The Executive Management Board of Surteco Group SE , with the consent of the Supervisory Board, has appointed the former Managing Director and Head of Finance and Accounting of Surteco GmbH, Mr. Andreas Pötz, as of 1 July 2020 as an authorized signatory with sole power of representation and general representative of the Surteco Group SE.

As CFO, Mr. Pötz will be responsible for the areas of controlling, accounting, human resources, legal affairs, taxes, investor relations, IT, treasury and general administration of Surteco Group SE and the Surteco Group.

With effect from 1 July 2020, Mr. Maximilian Betzler will assume responsibility for sales on the European market in addition to the regions North America and Oceania as CSO of Surteco GmbH and sales responsibility for Dakor Melamin Imprägnierungen GmbH and SurtecoArt GmbH.

Mr. Pötz and Mr. Betzler are retiring from their activities as Managing Directors of Surteco GmbH in the course of their new duties.

Mr. Wolfgang Moyses and Mr. Manfred Bracher will take over the management of Surteco GmbH and the Board of Management of Surteco Group SE. This is a further important step to streamline the Group structures.

Surteco Group SE is a leading global manufacturer of decorative surfaces for furniture. Surteco Group serves customers worldwide.