DGAP-Adhoc

Heidelberger Druckmaschinen AG: Reorganization of the Heidelberg Management Board - Rainer Hundsdörfer appointed new CEO - Seite 2

gained an internationally experienced leadership personality in Rainer
Hundsdörfer to drive forward the reorientation of the company.
Mr. Hundsdörfer has acquired many years of specialist expertise with global
technology leaders that will help pave the way forward to a successful
digital future at Heidelberg.'

Rainer Hundsdörfer has managed a number of leading industrial technology
companies, most recently as Chairman of the Board of Management of the
world's leading manufacturer of fans and motors ebm-papst. Prior to this,
he was Chairman of the Industry Division and member of the Executive Board
at Schaeffler. After graduating in business engineering, Mr. Hundsdörfer
started work for Trumpf in Ditzingen and performed various managerial roles
abroad. After this, he was appointed CEO of Weinig AG, a machines and
systems manufacturer for timber processing based in Tauberbischofsheim in
Baden-Württemberg.

'Heidelberg is moving toward customer-focused technology and services in
what is a changed market environment,' says Rainer Hundsdörfer. 'We now
need to make solid use of the opportunities digitization presents for
profitable growth.'

Dr. Ulrich Hermann joins the Management Board

With this focus on expanding digital business models at Heidelberg, Dr.
Ulrich Hermann has been appointed a member of the Management Board
effective November 14. As proven expert in digitization, he is qualified to
steer the company's ongoing digital transformation.

'Dr. Hermann has been successful in realigning conventional business models
throughout his career. Heidelberg will benefit from his experience in the
future,' says Dr. Jaschinski.

Dr. Hermann was most recently CEO of Wolters Kluwer Germany and Regional
Managing Director of Wolters Kluwer Central Europe. Prior to this, he was
Member of the Management Board of Süddeutscher Verlag Hüthig
Fachinformation. After graduating in mechanical engineering, he gained his
doctorate in business economics in St. Gallen in 1996. He launched his
business career in 1997 with a number of managerial positions at
Bertelsmann AG.

Current Management Board member Harald Weimer, responsible for Heidelberg
Services, will be stepping down at his own request as of November 13, 2016
and will supervise the orderly transition in the period to March 31, 2017.
The Supervisory Board would also like to thank Mr. Weimer sincerely for all
his committed work on the Management Board.

Stephan Plenz's Management Board contract has been extended, as scheduled,