Bastei Lübbe AG and Chairman of the Board of Management Thomas Schierack have agreed to part company by mutual consent

Ad hoc disclosure in accordance with section 17 MAR

Bastei Lübbe AG and Chairman of the Board of Management Thomas Schierack have agreed to part company by mutual consent

Cologne, 20 September 2017. Bastei Lübbe AG announces that the Chairman of the Board, Thomas Schierack (59), will resign from office with immediate effect and leave the company. The separation takes place by mutual consent with the Supervisory Board on the basis of different views on the strategic orientation.

His duties on the Management Board are taken over temporarily by the two remaining members of the Board, Klaus Kluge and Ulrich Zimmermann.