Dortmund | 19. May 2016

Early extension of Executive Board contract with Michael Kenfenheuer until the end of 2021

In May 2016, the Supervisory Board of adesso AG resolved to prematurely extend the Executive Board contract with Michael Kenfenheuer (57) which expires at the end of the year. The working paper was signed by both parties last week. The Chairman of the Executive Board will therefore continue to profoundly shape the future development of adesso AG until the end of 2021. With its recent long-term appointment, the Supervisory Board acknowledges Mr Kenfenheuer’s contribution to the successful expansion of the company, of which he has been a member of the Executive Board since 2000. Prior to assuming sole chairmanship as of 1 July 2015, he had already been serving as Co-Chairman from 2011. As part of the three-member Executive Board team, Mr Kenfenheuer is currently responsible for the strongest sales-generating sectors – insurance, banking and healthcare – and is also responsible for some important shareholdings of the Group.