REALTECH AG announced that Mr. Daniele Di Croce step down from his function as Chairman of the Supervisory Board with effect of January 15, 2016 in order to assist the operational implementation of the strategic redirection of the company. At the same time it was agreed not to renew the mandate of Mr. Volker Hensel as member of the Executive Board. His mandate will end regularly on September 30, 2016.

Furthermore Dr. Wolfgang Erlebach was elected as Chairman of the Supervisory Board and Mr. Torsten Steinhaus was elected as delegate Chairman with effect of January 15, 2016. As Mr. Di Croce will take over an executive function and therefore leave the Supervisory Board, the Supervisory Board has also decided that Mr. Franz-Josef Appel, auditor and partner of PKF GmbH Wirtschaftspr fungsgesellschaft, Heidelberg will be appointed as a new member of the Supervisory Board by the municipal court and will be proposed for election on the next annual shareholder's meeting.