cyan AG announced personnel change in the supervisory board: Volker Rofalski will leave the board at his own request on 31 December 2020. The Supervisory Board will propose Alexander Schütz, one of the largest investors in cyan AG, for the court appointment as a new member of the Supervisory Board. The founder and CEO of C-QUADRAT Investment AG has been a member of the Supervisory Board of Deutsche Bank AG since 2017. Peter Arnoth will remain associated with the company as a consultant for the long-term. The management contracts of the two members Markus Cserna (CTO) and Michael Sieghart (CFO) were also extended until the end of 2022.