Mutares AG announced a change in the Supervisory Board. Dr. Ulrich Hauck will join the Management Board of the Prime Standard listed STS Group AG (ISIN: DE000A1TNU68), a majority holding of Mutares AG, on April 1, 2019, and will resign from the Supervisory Board of Mutares AG on March 31, 2019. As CFO, he will be responsible for Finance and Controlling and, together with CEO Andreas Becker and COO Patrick Oschust, will drive the worldwide expansion of STS Group AG as well as further increase profitability. Stephan Vrublovsky, the current member of the Management Board, had asked the Supervisory Board of STS Group AG not to extend his regularly expiring contract, for personal reasons at his own request and by mutual agreement. He is resigning from the Management Board of STS Group AG as of March 31, 2019.