The Supervisory Board of Mutares Management SE, the general partner of Mutares SE & Co. KGaA decided to expand the Management Board of the Company to four members effective July 1, 2024, in order to take into account the size achieved and the ambitious growth and expansion efforts of the Company. Johannes Laumann, who was a member of the Mutares Management Board from 2019 to 2023 and asked the Supervisory Board for a personal sabbatical in November 2023, will return to his former position as Chief Investment Officer (CIO) on the Management Board.

Johannes Laumann, who has significantly driven the Group's growth during his time on the Management Board and helped to develop the Group's revenues from around EUR 1 billion to EUR 3.5 billion in four years, will be responsible for Mutares' M&A activities and in particular the internationalization of the Group. The Supervisory Board of Mutares also appoints Dr Lennart Schley to the Management Board of Mutares. Dr Lennart Schley has worked for Mutares for almost 14 years and was most recently responsible for key subsidiaries within the Group as Segment Head.

Dr Lennart Schley started at Mutares as a manager and has made a remarkable development up to the Management Board of the Group. In the future, he will be responsible for the operational management of the portfolio companies acquired by Mutares.