SCHMOLZ + BICKENBACH announced that Hans Ziegler decided to resign with immediate effect from the Board of Directors of SCHMOLZ + BICKENBACH AG due to ongoing investigations relating to his person. Hans Ziegler was first elected to the Board of Directors of SCHMOLZ + BICKENBACH AG on 26 September 2013. Since then he was Chairman of the Audit Committee. Until the Annual General Meeting 2016 he also served as a member of the Compensation Committee.