At its meeting the Supervisory Board of Adler Modemarkte AG appointed Mr. Carmine Petraglia to serve as a new executive board member of the company and chief commercial officer with effect from June 1, 2018. His term will expire on December 31, 2022. Mr. Petraglia will be responsible in particular for sales and e-commerce. Most recently, he served as a member of the executive board at Deutsche Telekom Service (DTS), where he was the operations manager for Field Service. Prior to holding that position, Mr. Petraglia was responsible for the expansion of Telekom shops inter alia. Adler Modemarkte AG's Executive Board will therefore again consist of three members beginning in June 2018: Thomas Freude as CEO, Karsten Odemann as CFO and Mr. Petraglia.