Generational Succession at Fielmann in final phase / Günther Fielmann delegates responsibility to Marc Fielmann (FOTO)

Hamburg (ots) -

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Fielmann has attained market leadership in Germany through its
customer friendly services, glasses at the best prices and extensive
guarantees. Since its incorporation, Günther Fielmann has been Chief
Executive Officer of Fielmann Aktiengesellschaft. He planned and
gradually implemented his long-term succession plan. Within the
Co-CEO governance framework established in April last year, all
reporting lines as well as the executive leadership were transferred
from Günther Fielmann to Marc Fielmann.

In the current business year Marc Fielmann, CEO of Fielmann AG,
will also take over responsibility for Fielmann's corporate strategy.
This strategy will be presented to the shareholders by the Executive
Board during the Annual General Assembly.

Günther Fielmann is further withdrawing from his position as a
board member. As a sign of discretion he has asked the Supervisory
Board to reduce his remuneration to the symbolic amount of one Euro.
The Supervisory Board dignifies this decision and has updated the
by-laws of Fielmann Aktiengesellschaft accordingly. Günther Fielmann
remains available and at the disposal of the company. Fielmann will
benefit from his decade-long experience, his entrepreneurial spirit
and his creativity.

Furthermore the Supervisory Board has decided on the areas of
responsibility of Dr. Stefan Thies, Executive Director Controlling,
IT and Human Resources. Following his request, Dr. Thies' contract,
which expires on 30 June 2019, will not be prolonged. Already during
the extension of his contract in 2015 Dr. Thies agreed with the
Fielmann Family to help prepare and support the generational
succession. With the beginning of the final phase Dr. Thies sees his
promise as fulfilled and seeks new challenges. The Supervisory Board
and Executive Board thank Dr. Thies for his excellent service. The
responsibility for the Controlling, IT and Human Resources
departments will be taken over by the existing Executive Board.

Originaltext: Fielmann AG
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ISIN: DE0005772206

Further information:
Ulrike Abratis,
Communication & Public Relations,
Phone: [phone] - 457

Ulrich Brockmann,
Investor Relations,
Phone: [phone] - 442