EQS-News

Delticom AG: Schmidt-Schultes withdraws from Delticom's Management Board

EQS-News: Delticom AG / Key word(s): Personnel Delticom AG: Schmidt-Schultes withdraws from Delticom's Management Board 31.03.2023 / 11:14 CET/CEST The issuer is solely responsible for the content of this announcement.

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Delticom AG: Schmidt-Schultes withdraws from Delticom's Management Board

Hanover, March 31, 2023 - Chief Financial Officer Dr. Johannes Schmidt-Schultes has informed the company's Supervisory Board that he will not be available for a contract extension at the end of his appointment period August 31, 2023. Dr Schmidt-Schultes is leaving the company as of today. He has decided to tackle new professional challenges after his work as Chief Financial Officer of the Delticom Group, Schmidt-Schultes announced.

The Supervisory Board of Delticom AG regrets this decision. “Dr. Schmidt-Schultes managed the commercial-administrative functions of the company very confidently and with exemplary commitment during a challenging and labour-intensive period,” said Karl-Otto Lang, Chairman of the Supervisory Board. “He not only managed the preparation of the annual financial statements, but also coordinated the extension of the syndicated loan agreement on the part of the company. By means of the work programme initiated by him, structural and process flows in the financial organisation were further streamlined. Dr. Schmidt-Schultes was also responsible for Delticom AG's capital market communication in line with the principles of transparency and clarity, and enjoyed the respect and recognition of investors and analysts,” said Karl-Otto Lang.

The Supervisory Board expressly thanks Dr. Schmidt-Schultes for his work and wishes him continued professional success and personal well-being. After his departure, Dr. Schmidt-Schultes' areas of responsibility will be taken over in part by Dr. Andreas Prüfer and in part by Mr. Philip von Grolman.

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About Delticom:

With its brand Reifendirekt, Delticom AG is the leading company in Europe for the online distribution of tyres and complete wheels.

The product portfolio for private and business customers comprises an unparalleled range of more than 600 brands and over 40,000 tyre models for cars and motorcycles. Complete wheels and rims complete the product range. The company operates 351 online shops and online distribution platforms in 72 countries, serving more than 18 million customers.