Digitree Group S.A.

Board/Management Information • Mar 20, 2019

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

Current report no 11/2019

The Management Board of Pfleiderer Group S.A. (the "Company") herebyinforms that on 20 March 2019 the Supervisory Board of the Companydecided to appoint Dr. Frank Herrmann to the Management Board of theCompany as the Member of the Management Board (Chief Operating Officer).The appointment of Dr. Frank Herrmann takes effect from 1 May 2019.

Dr. Frank Herrmann graduated Industrial engineering at TechnicalUniversity of Darmstadt, Germany. He obtained Dr. engineer title at theTechnical University of Clausthal-Zellerfeld. Dr. Frank Herrmann in 2017was holding position of Chief Operating Officer in URSA Insulation S.A.one of the major insulation providers in Europe. In a period 2008-2016Dr. Frank Herrmann was holding high managerial positions in Braas MonierBuilding Group. Previously, Dr. Frank Herrmann worked in Bain & CompanyInc, Gemini Consulting GmbH and PricewaterhouseCoopers.

Dr. Frank Herrmann 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. Dr. FrankHerrmann 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