DF Deutsche Forfait AG announced that Franz Josef Nick, Chairman of the Supervisory Board, November 8, 2019 has resigned for personal reasons as chairman of the supervisory board with immediate effect and will leave the supervisory board office with effect from December 12, 2019. Franz Josef Nick has served on the Supervisory Board of DF Deutsche Forfait AG since November 2017 and took over the chair in January 2019. After the resignation of Franz Josef Nick the Supervisory Board will continue to have a quorum with the remaining three members. Until a new Chairman is elected by the Supervisory Board, Vice Chairman Ludolf-Georg von Wartenberg will assume the duties of the Chairman.