DGAP-Adhoc

Salzgitter Aktiengesellschaft: Chief Executive Officer Prof. Dr.-Ing. Heinz Jörg Fuhrmann to retire in 2021 as planned; the Supervisory Board has appointed Gunnar Groebler to assume the position of Chief Executive Officer as of July 1, 2021

DGAP-Ad-hoc: Salzgitter Aktiengesellschaft / Key word(s): Personnel Salzgitter Aktiengesellschaft: Chief Executive Officer Prof. Dr.-Ing. Heinz Jörg Fuhrmann to retire in 2021 as planned; the Supervisory Board has appointed Gunnar Groebler to assume the position of Chief Executive Officer as of July 1, 2021 17-Oct-2020 / 13:09 CET/CEST Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. Chief Executive Officer Prof. Dr.-Ing. Heinz Jörg Fuhrmann will have reached the age of 65 in 2021. He will therefore be retiring upon expiry of his employment contract on June 30, 2021, as planned.

The Supervisory Board today appointed Dipl.-Ing. Gunnar Groebler as his successor, effective July 1, 2021. Mr. Groebler is currently a member of the Executive Group Management of the Swedish energy supplier Vattenfall AB, where he is responsible for the Business Area Wind.

Heinz-Gerhard Wente, Chairman of the Supervisory Board, stated the following:

"Over the 25 years during which he will then have served on the Executive Board of our Group
Prof. Fuhrmann has stood for solidity and innovation, along with social and economic responsibility. The strategy pursued in this context is to be continued. Especially for this reason, I am delighted that Mr. Groebler has been won as his successor. He holds a great deal of expertise and experience in important aspects of the key future topics decisive for Salzgitter AG."

Contact:
Markus Heidler

Head of Investor Relations

Salzgitter AG
Eisenhüttenstraße 99
38239 Salzgitter

Phone [phone]
Fax [phone]
E-Mail [e-mail]

---

17-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---

Language:	English
Company:	Salzgitter Aktiengesellschaft
	Eisenhüttenstraße 99
	38239 Salzgitter
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.salzgitter-ag.de
ISIN:	DE0006202005
WKN:	620200
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Hanover; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1141453

End of Announcement	DGAP News Service

1141453  17-Oct-2020 CET/CEST