Digitree Group S.A.

Board/Management Information • Mar 20, 2019

Subject: Appointment of the Member of Management Board of PfleidererGroup S.A. (Chief Commercial Officer)

Current report no 12/2019

The Management Board of Pfleiderer Group S.A. (the "Company") herebyinforms that on 20 March 2019 the Supervisory Board of the Companydecided to appoint Mr. Stefan Zinn to the Management Board of theCompany as the Member of the Management Board (Chief CommercialOfficer). The appointment of Mr. Stefan Zinn takes effect from 1 May2019.

Mr. Stefan Zinn graduated business administration at the BavarianJulius-Maximilian University of Würzburg, Germany.

Since 2013 Mr. Stefan Zinn has been working for Pfleiderer Group insales managerial positions. From 2017 Mr. Zinn was responsible forexport sales in Core West of Pfleiderer Group and from 2018 for overallsales in Core West. Since January 2019 Mr. Zinn has been holding theposition of Chief Commercial Officer responsible in particular for salesin Core West, export sales and marketing.

In a period 1994-2012 Mr. Stefan Zinn was working on various managerialpositions (among others as Director of Sales, Marketing and Strategy andChief Financial Officer) in Neschen AG, Bückeburg leading producer ofdigital print media and self-adhesive products. In a period 1991-1994Mr. Stefan Zinn was working in family-owned consulting firm Rolf Zinn &Partner Unternehmensberatung GmbH.

Mr. Stefan Zinn is not engaged in any activities competitive to thebusiness of the Company. He is not a partner in any partnership undercivil law or another type of partnership, or a member of a governingbody of an incorporated company or any other legal entity, which wouldconduct activities competitive to the Company's business. Mr. StefanZinn has not been entered in the Register of Insolvent Debtorsmaintained pursuant to the National Court Register Act.

This current report was prepared on the basis of § 5 item 5 of theRegulation of the Minister of Finance of 29 March 2018 on current andperiodic information to be published by issuers of securities andconditions for recognition as equivalent of information whose disclosureis required under the laws of a non-member state (Official Journal 2018,item 757).

20.03.2019