In view of the scheduled conclusion of his term of office as Chief Executive Officer of QSC AG on April 30, 2013, Dr. Bernd Schlobohm has requested that the Supervisory Board of QSC AG not extend his term of office beyond the company's Annual Shareholders Meeting planned for May 29, 2013. The Supervisory Board of QSC AG appointed Jurgen Hermann to succeed Bernd Schlobohm as the company's new Chief Executive Officer effective May 30, 2013. Jurgen Hermann has been the company's Chief Financial Officer since 2009.