The Supervisory Board of Deutsche Euroshop AG has appointed Wilhelm Wellner, the current Chief Financial Officer of Railpool GmbH in Munich, as a full member of the Executive Board with effect from 1 February 2015. Mr. Wellner will initially assume the post of Chief Operating Officer, before taking over as Chief Executive Officer from 1 July 2015. Claus-Matthias Böge (CEO) has decided to retire from the Board for personal reasons.

His tenure will end on 30 June 2015. Before joining Railpool GmbH, Mr. Wellner was the CFO of ECE Projektmanagement International G.m.b.H., between 2003 and 2009 and Chief Investment Officer of Verwaltung ECE Projektmanagement G.m.b.H. & Co. KG, between 2009 and 2012.