EQS-Adhoc: UMT United Mobility Technology AG: UMT AG announces changes in the Management Board and provides guidance for the 2022 financial year

EQS-Ad-hoc: UMT United Mobility Technology AG / Key word(s): Personnel
UMT United Mobility Technology AG: UMT AG announces changes in the Management Board and provides guidance for the 2022 financial year

10/10/2022 / 11:30 CET/CEST
Disclosure of inside information according to Article 17 of Regulation (EU) No. 596/2014, transmitted by EQS – a service of EQS Group AG.
The issuer / publisher is responsible for the content of the notification.

Munich, October 10, 2022

Publication of inside information according to Article 17 of Regulation (EU) No. 596


Ad hoc announcement: Dr. Jürgen Schulz becomes the new CEO of UMT AG. Thomas Teufel is newly appointed to the Executive Board and is responsible in particular for the topics of marketing and digitization. dr Albert Wahl resigns from the board after 13 years of his own volition. UMT AG announces guidance for the 2022 financial year.

With the approval of the Supervisory Board, the Management Board of UMT United Mobility Technology AG (WKN: A2YN70, ISIN: DE000A2YN702) decided today to nominate Dr. to elect Jürgen Schulz as the new CEO with immediate effect.

dr Jürgen Schulz is the successor to Dr. Albert Wahl, who is retiring from the Management Board of UMT AG at his own request after around 13 years as a member of the Management Board.

Dr. Wahl was the founder and since 2010 CEO of UMT AG. Dr. Wahl is giving up his office and the associated operational tasks in order to devote more time to asset management and strategic, political and diplomatic tasks in the design of international economic relations. Dr. Wahl will remain very closely associated with the company and will be available in the future as a consultant and, in the future, as a member of the Supervisory Board.

Dr. Schulz joined UMT AG in 2016. He initially assumed operational responsibility for the Payback PAY program and joined the management of the subsidiary UMS United Mobile Services GmbH as managing director. In February 2021, Dr. Schulz was appointed to the Management Board of UMT AG.

Together with the change at the top of the board, the supervisory board decided to appoint MEXS co-founder Thomas Teufel to the board of UMT AG. Mr. Teufel started his career at SAP and after 7 years founded an SAP system house, Teufel-Software, which he successfully sold and which today operates under the name Advanced Applications. Among other things, Mr. Teufel is the author of various books on the SAP process world. In the future, Mr. Teufel will strengthen the management team of UMT AG as a board member for the department of marketing, sales and digitization.

In the guidance for the 2022 financial year, the company will outperform the 2021 financial year in terms of sales and earnings and continue to grow in the double-digit percentage range.

Contact:

UMT United Mobility Technology AG
Investor Relations
Brienner Strasse 7
80333 Munich
Phone: +49 89 20500-680
Fax: +49 89 20500-555
Email: [email protected]
www.umt.ag

10/10/2022 CET/CEST The EQS distribution services include statutory reporting requirements, corporate news/financial news and press releases.
Media archive at https://eqs-news.com

ttn-28