At its meeting on June 29, 2018, the Supervisory Board of Lloyd Fonds AG approved changes to Lloyd Fonds AG's Management Board. Jochen Sturtzkopf was appointed as a further member of Lloyd Fonds AG's Management Board effective July 1, 2018 for a period expiring on December 31, 2020. Accordingly, the allocation of duties within the Lloyd Fonds Group has been modified effective July 1, 2018: Klaus M. Pinter is responsible for finance, the Shipping and Other Assets segment, trusteeship business and Group communications. Jochen Sturtzkopf is to be in charge of sales and the real estate activities of the Lloyd Fonds Group.