DGAP-Adhoc

HUGO BOSS AG: CEO Claus-Dietrich Lahrs leaves HUGO BOSS AG/Bernd Hake will become new member of the Managing Board for Sales and Retail

HUGO BOSS AG / Key word(s): Change of Personnel

25.02.2016 13:32

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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The personnel committee of HUGO BOSS AG and the CEO Claus-Dietrich Lahrs
have agreed today that with effect as of February 29, 2016 Claus-Dietrich
Lahrs will leave the Managing Board of the Company upon his request as part
of a mutual agreement.

With effect as of March 1, 2016, Mr. Bernd Hake is to be appointed as
member of the Managing Board responsible for sales and retail. He currently
holds the office of Senior Vice President EMEA, Middle East and India.

For both of these decisions the approval of the Supervisory Board is
expected shortly.

The personnel committee of the Supervisory Board will deal without delay
with the question who will succeed Claus-Dietrich Lahrs as CEO. For now,
the other responsibilities of Mr. Lahrs will be taken care of by the other
members of the Managing Board.


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Information and Explaination of the Issuer to this News:

The personnel committee of HUGO BOSS AG and the CEO Claus-Dietrich Lahrs
have agreed today that with effect as of February 29, 2016 Claus-Dietrich
Lahrs will leave the Managing Board of the Company upon his request as part
of a mutual agreement.

With effect as of March 1, 2016, Mr. Bernd Hake is to be appointed as
member of the Managing Board responsible for sales and retail. He currently
holds the office of Senior Vice President EMEA, Middle East and India.

For both of these decisions the approval of the Supervisory Board is
expected shortly.

The Company thanks Claus-Dietrich Lahrs for his long and very successful
work as CEO of HUGO BOSS AG during the previous eight years.

The personnel committee of the Supervisory Board will deal without delay
with the question who will succeed Claus-Dietrich Lahrs as CEO. For now,
the other responsibilities of Mr. Lahrs will be taken care of by the other
members of the Managing Board.

Supervisory Board chairman Michel Perraudin: 'Claus-Dietrich Lahrs has
during the past years put his stamp on the development of HUGO BOSS. For
the brand he has paved the way for an international future and he has
positioned the Company well in the market. Major strategic decisions for
the development of the own retail business and for the development towards
a leading fashion company in the premium market fall into his term of
office. HUGO BOSS AG thanks Claus-Dietrich Lahrs also in the name of the
employees and the shareholders for the work done. We wish him good luck and
a lot of success also for his professional future.'

Claus-Dietrich Lahrs: ' The last eight years were successful and exciting
years in a unique HUGO BOSS culture. The excitement and passion of all
employees for our Company have been impressive and will be in my memory.
The special HUGO BOSS spirit will keep the Company on the success path also
in the future.'

In case of questions, please contact

Dr. Hjördis Kettenbach
Leiterin Unternehmenskommunikation
Telefon: [phone]
Fax: + 49 (0) 7123 94 80327


Dennis Weber
Leiter Investor Relations

Telefon: + 49 (0) 7123 94 86267
Fax: + 49 (0) 7123 94 886267

25.02.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: HUGO BOSS AG
Dieselstraße 12
72555 Metzingen
Germany
Phone: [phone]
Fax: [phone]
E-mail: [e-mail]
Internet: www.hugoboss.com
ISIN: DE000A1PHFF7
WKN: A1PHFF, ,
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Stuttgart;
Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg,
Hanover, Munich; Terminbörse EUREX

End of Announcement DGAP News-Service

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