The Supervisory Board and the Executive Board of Vossloh Aktiengesellschaft have resolved in their meetings on January 6, 2020 to apply for a court appointment of Prof. Dr. Rüdiger Grube as new member of the Supervisory Board of Vossloh Aktiengesellschaft. Prof. Dr. Grube shall, following his appointment by the court, also take over the chairmanship of the Supervisory Board. Prof Dr. Grube was the Chairman of the Executive Board of Deutsche Bahn AG from 2009 to 2017 and will contribute substantially to the further development of the Vossloh Group with his comprehensive experience and expertise in the rail industry. The application for court appointment of Prof. Dr. Grube occurs in the context of Dr. Bernhard Düttmann having resigned as member of the Supervisory Board of Vossloh Aktiengesellschaft with effect as of 31 December 2019 due to his commitments at CECONOMY AG. Both the Supervisory Board and the Executive Board express their gratitude to Dr. Düttmann for his commitment and the very good work on the Supervisory Board of Vossloh Aktiengesellschaft. Mr. Ulrich M. Harnacke who took over the chairmanship of the Supervisory Board in 2019 will again chair the Audit Committee following the appointment of Prof. Dr. Grube.