DGAP-News

Bastei Lübbe AG: Withdrawal of the Chairman of the Supervisory Board at the end of the next Annual General Meeting

DGAP-News: Bastei Lübbe AG / Key word(s): Personnel Bastei Lübbe AG: Withdrawal of the Chairman of the Supervisory Board at the end of the next Annual General Meeting 19.05.2022 / 20:45 The issuer is solely responsible for the content of this announcement. Withdrawal of the Chairman of the Supervisory Board at the end of the next Annual General Meeting Cologne, 19 May 2022. The Chairman of the Supervisory Board of Bastei Lübbe AG, Mr Robert Stein, has informed the Executive Board today that he will prematurely resign from his office as a member of the Supervisory Board at the end of the next Annual General Meeting, which is expected to take place on 14 September 2022. Mr Stein had been a member and Chairman of the Supervisory Board of the listed publishing group since 2016. This decision was prompted by professional commitments that no longer allow him to carry out the time-consuming tasks of a Supervisory Board member with the necessary attention and care in the longer term. Until the Annual General Meeting, Mr. Stein will continue to support the company with his usual professionalism. Robert Stein explains: “It is with a very heavy heart that I have come to this decision. But I have made it in the certainty that I am leaving behind a company that is very well positioned, both analogue and digital, with excellent future prospects. I would like to thank my two colleagues for the many years of trustful cooperation on the Supervisory Board and wish them, as well as the well-positioned Executive Board, the employees and the shareholders, all the best for the future.” “On behalf of the Supervisory Board, I would like to thank Mr Stein for the trusting, pleasant and, above all, extremely successful work,” said Dr Mirko Caspar, Deputy Chairman of the Supervisory Board of Bastei Lübbe AG. “We regret Mr Stein's unexpected decision. He has intensively accompanied and pushed forward the restructuring and successful realignment of the company over the past six years. In this way, he significantly supported the return to the current successful course,” Soheil Dastyari, Chairman of the Executive Board of the Bastei Lübbe Group, commented on the decision.