FP Supervisory Board extends the contract of CEO Rüdiger Andreas Günther until the end of 2022

With its ACT strategy, FP is developing into a dynamic growth company. The Chairman of the Supervisory Board Klaus Röhrig explains: "FP's Executive Board team is ideally positioned for the tasks ahead. I very much welcome the fact that our CEO and CFO Rüdiger Andreas Günther will not only continue along the chosen path of repositioning FP, but will also increase our profitability through the implementation of JUMP. Together with his colleagues on the Management Board, Sven Meise and Patricius de Gruyter, he is consistently and enthusiastically driving forward the Group's sustainable growth strategy into digital markets such as the Internet of Things and will at the same time be positioning FP as a successful global player in the market."

Günther, who has been the company's CEO since 2016, remains committed to his ambitious goals for 2023, which will be FP's 100th anniversary: "The sleeves will remain rolled up because we intend to create substance and values. In this way we will gain long-term trust and stability.I am pleased to have the opportunity to further advance the implementation of the ACT strategy. For me, this is a lasting commitment to our shareholders, customers and employees."