Dr Bernd Metzner will leave the management board in mid-2019

Dr Bernd Metzner, CFO of Ströer SE & Co. KGaA, has decided to leave the company at the end of the second quarter of 2019. His successor will be announced in the first quarter of 2019. That will ensure a seamless transition to the new CFO.

“We would like to take this opportunity to thank Bernd for his commitment and his significant contribution to the success of our company over the last five years. We regret his departure but respect his decision and wish him all the best for his new role,” said Christian Schmalzl, Co-CEO of Ströer SE & Co. KGaA. We will communicate his successor next year and ensure a smooth transition before Bernd Metzner leaves the company.”

“I look back proudly on what we have achieved,” said Dr Bernd Metzner with regard to his decision. “Ströer has an excellent position in terms of all financial indicators, and is optimally placed to continue its successful growth. I made my decision after thorough consideration and have made the necessary preparations together with my colleagues on the management board.”

Disclaimer

This press release contains “forward looking statements” regarding Ströer SE & Co. KGaA (“Ströer”) or the Ströer Group, including opinions, estimates and projections regarding Ströer’s or the Ströer Group’s financial position, business strategy, plans and objectives of management and future operations. Such forward looking statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of Ströer or the Ströer Group to be materially different from future results, performance or achievements expressed or implied by such forward looking statements. These forward looking statements speak only as of the date of this press release and are based on numerous assumptions which may or may not prove to be correct. No representation or warranty, express or implied, is made by Ströer with respect to the fairness, completeness, correctness, reasonableness or accuracy of any information and opinions contained herein. The information in this press release is subject to change without notice, it may be incomplete or condensed, and it may not contain all material information concerning Ströer or the Ströer Group. Ströer undertakes no obligation to publicly update or revise any forward looking statements or other information stated herein, whether as a result of new information, future events or otherwise.