DGAP-News: centrotherm photovoltaics AG

DGAP-News: centrotherm photovoltaics AG: Changes to Management Board of centrotherm photovoltaics AG following shareholder change

DGAP-News: centrotherm photovoltaics AG / Key word(s): Change of Personnel centrotherm photovoltaics AG: Changes to Management Board of centrotherm photovoltaics AG following shareholder change

24.02.2016 / 08:57 The issuer is solely responsible for the content of this announcement.

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Changes to Management Board of centrotherm photovoltaics AG following shareholder change - Peter Augustin appointed Management Board member - Florian von Gropper, Management Board Spokesman, steps down

Blaubeuren, February 24, 2016 - The Supervisory Board of centrotherm photovoltaics AG has appointed Peter Augustin as a member of the Management Board of centrotherm photovoltaics AG. Against the backdrop of the recent shareholder change, he will be mainly concerned with driving ahead with the company's new strategic orientation. In early January 2016, Solarpark Blautal acquired 80% of the shares in centrotherm photovoltaics AG from Sol Futura Verwaltungsgesellschaft.

As agreed, and on the best terms with the Supervisory Board, Florian von Gropper, Management Board Spokesman of centrotherm photovoltaics AG, is stepping down from his office. With the conclusion of the divestment of the equity interest held by Sol Futura, he has successfully concluded his mandate at centrotherm, and will address new tasks, as planned.

"These were two challenging, interesting and successful years at centrotherm," is how von Gropper sums up his period of office at centrotherm. "All forces united to enable us to restructure the Group and conduct the sale process. I would like to thank the entire workforce for their motivation and commitment, and I would like to thank the works council for the positive and trusting manner in which we all worked together," von Gropper went on to acknowledge. "My task at centrotherm has now been fulfilled. I would like to thank the company and its employees, as well as the new investors, all the best for the future, and I will always feel closely connected to centrotherm."

Supervisory Board Chairman Robert M. Hartung adds: "Together with his Management Board colleagues, Florian von Gropper has made a significant contribution to the successful conclusion of the restructuring process. Also on behalf of the staff of centrotherm photovoltaics AG, we would like to thank him for his special contributions and commitment, and wish him all the best for the future."

About centrotherm photovoltaics AG centrotherm has been developing and realizing innovative thermal solutions for over 50 years. As a leading and globally operating technology group, we offer production solutions for the photovoltaic, semiconductor and microelectronic industries.

The continuous further development of our successful solutions in thermal processing and coating, such as for manufacturing crystalline solar cells and power semiconductors, form the basis for our successful partnerships with industry, research and development.

Our customers worldwide appreciate our production systems' process stability, scalability and availability in mass production. Above and beyond this, our work is distinguished by the fact that we create high-end process technology solutions which are specific for our customers and tailored to their requirements, and the fact that we are outstanding in system building.

We jointly confront the daily challenges of setting new trends, maximizing the efficiency of producing, for example, solar cells and semiconductors, and, coupled with our long machine durations, of securing investments.

In this way, we generate valuable competitive advantages for our customers through targeted innovations to processes and production solutions.

Our around 700 staff worldwide are committed to the further development of high-tech solutions for key markets.

centrotherm photovoltaics AG Johannes-Schmid-Str. 8 89143 Blaubeuren Internet: www.centrotherm.de German Securities Identification Number (WKN): A1TNMM (bearer shares); A1TNMN (unlisted shares from the non-cash capital increase) ISIN: DE000A1TNMM9 (bearer shares); DE000A1TNMN7 (unlisted shares from the non-cash capital increase) Admitted to the Open Market/Entry Standard, Frankfurt Stock Exchange Corporate domicile: Germany

Contact: Nathalie Albrecht Manager Public & Investor Relations Tel: +49 7344 918-6304 E-mail: investor@centrotherm.de

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24.02.2016 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English Company: centrotherm photovoltaics AG Johannes-Schmid-Strasse 8 89143 Blaubeuren Germany Phone: +49 7344 918-0 Fax: +49 7344 918-8388 E-mail: info@centrotherm.de Internet: www.centrotherm.de ISIN: DE000A1TNMM9 WKN: A1TNMM Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart; Open Market (Entry Standard) in Frankfurt End of News DGAP News Service ---------------------------------------------------------------------------

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