Cologne, 29 April 2020 - Bastei L-bbe AG announced that Mr. Joachim Herbst will take up his position as CFO as early as August 1, 2020. Mr. Herbst will also assume the function of Spokesman of the Management Board at the end of the Annual General Meeting on September 15, 2020 and the termination of Carel Halff's Management Board activities. At the end of the Annual General Meeting Carel Halff will end his Management Board activities and continue to advise the company until the end of the year.

Mr. Klaus Kluge and Mr. Ulrich Zimmermann will already leave their functions in the company at the end of July and hand over their duties to the new Management Board members in August.