Today, all the Supervisory Board members attending the extraordinary meeting are filing their resignation notices to the Company. According to the procedures currently in effect, these resignations will be effective on 14 May 2021. The Supervisory Board had to hold the extraordinary meeting once its authorities have been renewed to ensure the continued well running of the Company. We met with the newly appointed CEO and other Executive Board members. The latter raised their concerns about the ability to continue serve the Company further.
The Supervisory Board will use the coming two weeks of its notice period to help the Company as much as it can to deliver an orderly transition and will inform the Shareholder in detail early next week.