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STS Group AG

Board/Management Information Jun 30, 2021

418_rns_2021-06-30_86af1bce-672d-450f-89e8-794ee3965924.html

Board/Management Information

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Corporate | 30 June 2021 19:36

STS Group AG: appoints Andreas Becker as new sole member of the management board

DGAP-News: STS Group AG / Key word(s): Personnel

30.06.2021 / 19:36

The issuer is solely responsible for the content of this announcement.

Hallbergmoos/Munich , June 30, 2021. The Supervisory Board of STS Group AG (ISIN: DE000A1TNU68 ), a global system supplier for the automotive industry listed in the General Standard of the Frankfurt Stock Exchange, has appointed Andreas Becker to the company’s Management Board with effect from June 30, 2021.

The sole member of the Executive Board, Mathieu Purrey, has today resigned from his office with immediate effect. At the same time, the Supervisory Board of STS Group AG appointed Andreas Becker to the Management Board of the company. Chairman of the Supervisory Board, Dr Wolf Cornelius, said, “I sincerely thank Mathieu Purrey for his great commitment and achievements in an extremely challenging environment.” With Mr Purrey’s resignation, Andreas Becker succeeds as the sole member of the Management Board of STS Group AG. Mr Becker was already CEO of STS Group AG from 2013 to 2020 and most recently worked as a consultant in the automotive industry. “Due to his extensive knowledge of the automotive industry, as also of STS-Group, the company gains an optimal candidate for the further development”, adds Chairman of the Supervisory Board, Dr Wolf Cornelius.

About STS Group:

STS Group AG, www.sts.group (ISIN: DE000A1TNU68), is a leading system supplier to the automotive industry. It employs more than 1,600 people worldwide and generated sales of 235.0 mEUR in the financial year 2020. STS Group (“STS”) produces and develops at its twelve plants and three development centers in France, Germany, Mexico, China and, in the future, also in the USA plastic injection moulding and components made of composite materials (Sheet Molding Compound – SMC), such as solid and flexible vehicle and aerodynamic trim, entire interior systems, as well as lightweight construction and battery components for electric vehicles. STS is considered as a technology leader in the manufacture of plastic injection moulding and components made of composite materials. STS has a large global footprint with plants in three continents. The customer portfolio comprises leading international manufacturer of commercial vehicles, passenger cars and electric vehicles.

STS Group AG

Stefan Hummel

Head of Investor Relations

Zeppelinstrasse 4

85399 Hallbergmoos

+49 (0) 170 1810765

[email protected]

www.sts.group


30.06.2021 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: STS Group AG
Zeppelinstraße 4
85399 Hallbergmoos
Germany
Phone: +49 (0)811 124494 0
E-mail: [email protected]
Internet: https://sts.group
ISIN: DE000A1TNU68
WKN: A1TNU6
Listed: Regulated Market in Frankfurt (General Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1214058
End of News DGAP News Service

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