Arrow Central Europe Holding Munich GmbH is now the majority shareholder of Data Modul AG, having thus far acquired 53.66% of company shares as part of a public tender offer. In connection with this event, Mr. Amir Mobayen, Vice President & General Manager of Arrow OCS EMEA, has been appointed to the Data Modul AG Supervisory Board. On May 18, 2015, Supervisory Board meeting Mr. Walter King, Chief Operating Officer of Data Modul AG, elected to resign, departing the company as of June 30, 2015.

His resignation was voluntary. Mr. King, who was appointed to the Executive Board in 2001, was director of Technology, Product Marketing and Sales at Data Modul AG.