DGAP-News

Vossloh Aktiengesellschaft: Vossloh mourns the death of Heinz Hermann Thiele

DGAP-News: Vossloh Aktiengesellschaft / Key word(s): Personnel Vossloh Aktiengesellschaft: Vossloh mourns the death of Heinz Hermann Thiele 24.02.2021 / 17:18 The issuer is solely responsible for the content of this announcement. Vossloh mourns the death of Heinz Hermann Thiele The 79-year-old majority shareholder and former Chairman of Vossloh AG's Supervisory Board passed away yesterday, Tuesday, in Munich

Werdohl, February 24, 2021. Since 2011, the successful and charismatic entrepreneur Heinz Hermann Thiele had successively increased his shareholding in Vossloh AG to most recently 50.09 percent. Through his enormous financial but above all personal commitment, he had safely guided the Company through the intensive multi-year process of realignment and restructuring. During his time as Chairman of the Supervisory Board, he actively set the course for making Vossloh the successful company it is today. In the years that followed, he was always available to both the Executive and Supervisory Boards as a competent industry expert and highly respected advisor.

His entrepreneurial vision, unique personality and willingness to assume responsibility were invaluable to Vossloh. His demanding and supportive management style has played a major role in ensuring that the Company today has a strong and performance-oriented management team that will guide the Vossloh Group with a sure hand into a successful future.

Oliver Schuster, CEO of Vossloh AG: "We have all been extremely saddened by the sudden death of Heinz Hermann Thiele. Mr. Thiele was a close companion to Vossloh whom we appreciated for his straightforwardness, entrepreneurial courage, decisiveness and unique discipline. He was always a fair and highly valued partner to us, both personally and professionally. We will always be grateful to him for what he did for Vossloh."

Through his work, Heinz Hermann Thiele contributed an important chapter to Vossloh's more than 130-year history. The Executive Board, Supervisory Board and all employees mourn in deep solidarity with his bereaved family.

Contact information for the media:
Gundolf Moritz (Mirnock Consulting)
Phone: [phone]
Email: [e-mail]

Contact information for investors:
Dr. Daniel Gavranovic
Phone: [phone]
Email: [e-mail]

Vossloh is active in rail infrastructure markets worldwide. The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2019 fiscal year, Vossloh achieved sales of €916.4 million with an average of 3,786 employees.

Vossloh AG * Vosslohstrasse 4 * 58791 Werdohl, Germany * Telephone [phone] * Fax [phone] * www.vossloh.com
Company headquarters: Werdohl, Germany * Commercial register: Local court of Iserlohn HRB 5292
Chairman of the Supervisory Board: Prof. Dr. Rüdiger Grube
Executive Board: Oliver Schuster (CEO) * Dr. Thomas Triska * Jan Furnivall

---

24.02.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

---

Language:	English
Company:	Vossloh Aktiengesellschaft
	Vosslohstr. 4
	58791 Werdohl
	Germany
Phone:	[phone] - 359
Fax:	[phone] - 219
E-mail:	[e-mail]
Internet:	www.vossloh.com
ISIN:	DE0007667107
WKN:	766710
Indices:	SDAX
Listed:	Regulated Market in Dusseldorf, Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1170890

End of News	DGAP News Service

1170890  24.02.2021