Wolford AG: Personnel News

Supervisory Board of Wolford AG appoints new member of the Executive Board:
Axel Dreher assumes Executive Board position for Production, Technology and Procurement
as per March 1, 2013

Bregenz, December 13, 2012

The Supervisory Board of Wolford Aktiengesellschaft appointed Axel Dreher at today’s Supervisory Board meeting to serve as the new member of the Executive Board of Wolford AG as per March 1,  2013. Mr. Dreher will serve as a Member of the Executive Board with management responsibility for  Production and Technology as well as Procurement.

The German-born manager served in various management positions, for example at Triumph  International Austria, FAG Austria and the German Schaeffler Group.

By transferring management responsibility in some areas from CEO Holger Dahmen to Axel Dreher,  Mr. Dahmen will be given the time and capacity required to more strongly concentrate on strategic  and growth-related issues, especially with respect to marketing and sales. At the same time, the  appointment of Mr. Dreher will enable the company to accelerate the previous positive development  of the company’s production operations and procurement.

From March 1, 2013 the Executive Board of Wolford Aktiengesellschaft will consist of Holger Dahmen,  Chairman of the Executive Board with management responsibility for Strategic Corporate  Development, Marketing, Sales and the subsidiaries, Thomas Melzer, with management responsibility  for Finance, Investor Relations, Legal Affairs, Human Resources and IT, and Axel Dreher, with  management responsibility for Production and Technology as well as Procurement.

Contacts:
Theresa Jordis
(Chairman of the Supervisory Board of Wolford Aktiengesellschaft)
Investor@wolford.com
Wolford Aktiengesellschaft, Wolfordstrasse 1, A-6900 Bregenz
+43 (0)5574 690-1268
www.wolford.com

ISIN Code AT0000834007
Stock market listings:
Vienna Stock Exchange (Prime Market)
Frankfurt (OTC)
New York (ADR Program, Level 1)

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