DGAP-News

HAPAG - LLOYD AG: Dr Jürgen Weber to hand over the chair of the Supervisory Board to Michael Behrendt in autumn

DGAP-News: HAPAG - LLOYD AG / Key word(s): Miscellaneous
HAPAG - LLOYD AG: Dr Jürgen Weber to hand over the chair of the
Supervisory Board to Michael Behrendt in autumn

23.04.2014 / 11:00

---------------------------------------------------------------------

Hamburg, 23 April 2014

Dr Jürgen Weber to hand over the chair of the Supervisory Board to
Michael Behrendt in autumn

Jürgen Weber (72) has decided to step down early as Chairman of the
Supervisory Board of Hapag-Lloyd in autumn this year and hand over to
Michael Behrendt (62). Behrendt will step down as Chief Executive Officer
of Hapag-Lloyd at the end of June.

Jürgen Weber joined the Supervisory Board in June 2012 and was elected
Chairman. In this key function, his role has not only been to decide on the
successor of Michael Behrendt at the head of the shipping company, but also
to use his considerable experience to ensure that Hapag-Lloyd remains
optimally positioned in its business and that it continues to grow at a
difficult time for the liner shipping industry.

"I believe these three tasks have now been fulfilled. Rolf Habben Jansen
has been a member of the Executive Board since the beginning of April and
will replace Michael Behrendt as Chief Executive Officer at the end of
June. Despite the weak market environment, Hapag-Lloyd has been able to
achieve results that outperform the level of its industry peers. The
integration of the CSAV container segment will make Hapag-Lloyd the
fourth-largest company in the industry. The closing of this transaction in
the autumn is therefore the ideal time to hand over the chair of the
Supervisory Board to Michael Behrendt. He can then continue to oversee the
important phase of integrating the CSAV container segment into the
Hapag-Lloyd Group with his expertise," said Weber.


End of Corporate News

---------------------------------------------------------------------

23.04.2014 Dissemination of a Corporate News, transmitted by DGAP - a
company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

---------------------------------------------------------------------


264143 23.04.2014