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centrotherm photovoltaics AG: Changes to Management Board of centrotherm photovoltaics AG following shareholder change

DGAP-News: centrotherm photovoltaics AG / Key word(s): Change of Personnel
centrotherm photovoltaics AG: Changes to Management Board of centrotherm
photovoltaics AG following shareholder change

24.02.2016 / 08:57
The issuer is solely responsible for the content of this announcement.

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Changes to Management Board of centrotherm photovoltaics AG following
shareholder change
- Peter Augustin appointed Management Board member
- Florian von Gropper, Management Board Spokesman, steps down

Blaubeuren, February 24, 2016 - The Supervisory Board of centrotherm
photovoltaics AG has appointed Peter Augustin as a member of the Management
Board of centrotherm photovoltaics AG. Against the backdrop of the recent
shareholder change, he will be mainly concerned with driving ahead with the
company's new strategic orientation. In early January 2016, Solarpark
Blautal acquired 80% of the shares in centrotherm photovoltaics AG from Sol
Futura Verwaltungsgesellschaft.

As agreed, and on the best terms with the Supervisory Board, Florian von
Gropper, Management Board Spokesman of centrotherm photovoltaics AG, is
stepping down from his office. With the conclusion of the divestment of the
equity interest held by Sol Futura, he has successfully concluded his
mandate at centrotherm, and will address new tasks, as planned.

"These were two challenging, interesting and successful years at
centrotherm," is how von Gropper sums up his period of office at
centrotherm. "All forces united to enable us to restructure the Group and
conduct the sale process. I would like to thank the entire workforce for
their motivation and commitment, and I would like to thank the works
council for the positive and trusting manner in which we all worked
together," von Gropper went on to acknowledge. "My task at centrotherm has
now been fulfilled. I would like to thank the company and its employees, as
well as the new investors, all the best for the future, and I will always
feel closely connected to centrotherm."

Supervisory Board Chairman Robert M. Hartung adds: "Together with his
Management Board colleagues, Florian von Gropper has made a significant
contribution to the successful conclusion of the restructuring process.
Also on behalf of the staff of centrotherm photovoltaics AG, we would like
to thank him for his special contributions and commitment, and wish him all
the best for the future."

About centrotherm photovoltaics AG
centrotherm has been developing and realizing innovative thermal solutions
for over 50 years. As a leading and globally operating technology group, we