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10 Feb 2016 10:46
TUI AG
DIRECTORATE CHANGE
CHANGE IN COMPOSITION OF EXECUTIVE & SUPERVISORY BOARDS
TUI AG announces that, with effect from the close of its Annual General Meeting held on 9 February 2016, Marcel Witt (Employee Representative), Timothy Martin ("Minnow") Powell, Prof Christian Strenger and Maxim G. Shemetov ceased to be members of the Supervisory Board. At the same time the Shareholder Representatives Alexey Mordashov and Angelika Gifford and the Employee Representative Stefan Weinhofer were appointed as new members of the Supervisory Board. In addition, Peter Long ceased to be a member of the Executive Board and was appointed as member of the Supervisory Board. Alexey Mordashov, who is also Chairman of the Board of Directors of both Severstal Public Joint Stock Company and Power Machines Open Joint Stock Company, will join the Presiding, Nomination and Strategy Committees. Angelika Gifford and Peter Long will both join the Strategy Committee. In accordance with LR 9.6.15 no further information is required to be disclosed.
TUI AG also announces the following additional changes to Supervisory Board Committees with effect from the close of the AGM on 9 February 2016: Val Gooding, Frank Jakobi and Klaus Mangold have been appointed to the newly-formed Strategy Committee; Andreas Barczewski is no longer a member of, and Peter Bremme and Ortwin Strubelt have been appointed to, the Presiding Committee; Val Gooding and Coline McConville have been appointed to the Integration Committee; Janis Kong, Coline McConville and Dierk Hirschel have been appointed to the Audit Committee.
10 February 2016
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