Changes in the executive board of Südzucker AG

Chief Digital Officer Helen Arnold, who is responsible for the BENEO and PortionPack Group divisions as well as the Digitalization/IT, Development of New Business Fields and Strategic Customer Development departments on Südzucker AG's executive board, will resign from the executive board next year at her own request. She is seeking further professional development outside the group.

"Together with her colleagues on the executive board, Helen Arnold has played a key role in the strategic realignment of the company," said Dr. Stefan Streng, Chairman of Südzucker's supervisory board. "The past few years have again been very successful for Südzucker in business terms and at the same time a phase of consistent realignment for the future. I would like to thank Helen Arnold personally and on behalf of the entire supervisory board for her forward-looking actions and the determination and courage to set new strategic impulses at Südzucker in times characterized by digital transformation. She initiated the establishment of the new plant based proteins business segment and set the Digitalization and IT division on a forward-looking course."

In addition, Markus Mühleisen will step down from the AGRANA executive board on 31 December 2023 and will no longer be a member of the Südzucker executive board with immediate effect. As part of the interlocking of the two companies' executive boards, the new CEO of AGRANA, Stephan Büttner, will take over Südzucker's executive board mandate with immediate effect. Südzucker CFO Thomas Kölbl was reappointed to the AGRANA executive board, succeeding Helen Arnold.

Südzucker's supervisory board would like to thank Helen Arnold and Markus Mühleisen for their great commitment and successful work and wishes them all the best for their professional and private future.