Press release Westfalen AG Industrieweg 43 28 October 2019 48155 Münster www.westfalen.com

Hildegard Werth Corporate Communication Editor Tel. +49 251 695-726 Fax +49 251 695-73309 [email protected]

Westfalen Goup appoints new Chief Financial Officer Jesko von Stechow on the Executive Board from January

The Supervisory Board of Westfalen AG has appointed Jesko von Stechow as the new Chief Financial Officer. The 43-year old will start at the company on 2 January 2020. He takes over the role from Torsten Jagdt, who leaves the company at the end of the year for personal reasons.

Jesko von Stechow is an industrial clerk and graduate economist. He began his career in the Group Strategy division of Siemens AG in Munich. Jesko von Stechow has extensive knowledge in the field of finance and broad experience in international and medium-sized companies. Among other roles, he has worked as Chief Financial Officer for subsidiaries and business divisions of Osram Licht AG, including three years spent in the USA. Most recently, he served as managing director of the Osram subsidiary Siteco.

Picture caption: New CFO of Westfalen Group as of 2 January 2020: Jesko von Stechow.

Westfalen Group The Westfalen Group is an sector technology company operating with a total of 23 subsidiaries and associates in , , , the , , , and the . The family business, founded in 1923, has over 20 production sites located across and is headquartered in Münster. Its business sectors are , and service stations. With about 1,700 employees, the Westfalen Group posted sales of around 1.9 billion euros in the 2018 financial year.

This press release and photograph are available at: http://www.westfalen.com/unternehmen/pressecenter/pressemitteilungen

2