At the suggestion of msg systems AG, which holds more than 25% of the voting rights in the company, it is intended that Dr. Christian Hofer, the current Chairman of the Board at COR&FJA AG, should be proposed for election as the successor to Prof. Dr. Elmar Helten at COR&FJA AG's upcoming Annual General Meeting. Prof. Dr. Helten had expressed his intention to step down from the Supervisory Board as of the close of business on 30 June 2014. At its meeting on April 23, 2014, the Supervisory Board gave its assent to this suggestion.

Dr. Hofer's tenure as member and Chairman of the Management Board will expire as of the close of business on 30 June 2014.