Ad-hoc: Mutares further develops its organisation and governance

Disclosure of an inside information according to Article 17 MAR

With regards to its growth path, Mutares will further develop its governance and structures. Dr. Axel Geuer, Co-CEO and Co-founder of Mutares, will advance Mutares’ strategic positioning and thus will move to the supervisory board at the next AGM. Robin Laik will manage the further growth of the group. Five Managing Directors will be responsible for the operational development. Thereby Mutares will secure the sustainable development of the group. The management of the group will be driven by an experienced Executive Committee that reflects the major strength of the group – its diversity in regions and industries.

Company profile of Mutares AG

Mutares AG, Munich (www.mutares.de), acquires medium-sized companies and parts of groups with headquarter in Europe that are being sold in the course of a repositioning process at their owners and show a clear potential for operational improvement. Mutares actively supports and develops its portfolio companies with its own investment and consulting teams as well as through acquisitions of strategic add-ons. The aim is to achieve a clear value increase with a focus on sustainable, long-term growth of the portfolio company. In 2018, Mutares’ portfolio companies generated consolidated revenues of EUR 865 million and employed more than 4,700 people worldwide. The shares of Mutares AG are listed on Frankfurt Stock Exchange under the ticker symbol “MUX” (ISIN: DE000A2NB650).