DGAP-News: SKW Stahl-Metallurgie Holding AG: Chairperson of

DGAP-News: SKW Stahl-Metallurgie Holding AG / Key word(s): Change of Personnel SKW Stahl-Metallurgie Holding AG: Chairperson of the Executive Board and CEO Ines Kolmsee not available for further term 22.09.2013 / 19:58 --------------------------------------------------------------------- Chairperson of the Executive Board and CEO Ines Kolmsee not available for further term * CEO Ines Kolmsee will not extend her contract beyond March 31, 2014 * Personal reasons decisive * Search for a successor has commenced Unterneukirchen (Germany), September 22, 2013. Today, the Supervisory Board of SKW Stahl-Metallurgie Holding AG announced that it was informed by the CEO, Ines Kolmsee, that due to personal reasons she would not be available for an extension of her contract as CEO of the company. Her current term is to end on March 31, 2014. Ms. Kolmsee will be available until an adequate successor is found and has been familiarized. Since 2004, Ines Kolmsee is heading the mother company of the SKW Metallurgie Group, initially as sole director of a limited liability corporation and after its transformation into a stock corporation in May 2006, as CEO. Within the Executive Board, Ines Kolmsee is responsible for the areas of Strategy, Internal Audit and Risk Management, Human Resources, Investor and Public Relations, Legal as well as the SKW Metallurgie Group companies in the US, in Brazil and the plant in Bhutan. 'For about the past ten years, my life has been dominated in particular by my activities for SKW Metallurgie. During this time the company has been established as the global market and technology leader in its industry, and is, in my opinion, positioned very solidly. Therefore I now see the right point in time to hand over the responsibility into new hands and to devote more time to my family as well as to new professional challenges. Of course, I am available to secure the transition as well as the implementation of the comprehensive Group-wide efficiency program, which has been initiated by the Executive Board,' commented Ines Kolmsee, CEO of SKW Metallurgie, her decision. 'We respect Ms. Kolmsee's decision and thank her for the very high personal commitment. Under Ms. Kolmsee's leadership, the SKW Metallurgie Group advanced into the leading company within its industry. She also played a crucial role in the successful IPO. The search for a successor has commenced,' said the chairperson of the Supervisory Board of the company, Mr. Titus Weinheimer. Contact SKW Stahl-Metallurgie Holding AG Christian Schunck Head of IR and Corporate Communications Rathausplatz 11 84579 Unterneukirchen Germany Telephone IR/Press: +49 89 5998923-22 Fax: +49 89 5998923-29 E-mail: schunck@skw-steel.com Internet: www.skw-steel.com About SKW Stahl-Metallurgie Holding AG The SKW Metallurgie Group is the global market leader for chemical additives for hot metal desulphurization, and for cored wire used in secondary metallurgy. The Group's products enable steel-makers to efficiently manufacture high-quality steel products. Clients include the world's leading companies in the steel industry. The SKW Metallurgie Group has more than 50 years of metallurgical know how, and currently operates in more than 40 countries. What is more, the Group is a leading supplier of Quab specialty chemicals, which are mainly used in the global production of industrial starch for the paper industry. The company's operating business is broken down into the two core segments 'Cored Wire' and 'Powder and Granules', and the 'Other' segment. The SKW Metallurgie Group is headquartered in Germany with production facilities in France, the US (6), Canada, Mexico, Brazil, South Korea, Sweden, Bhutan, Russia, the Peoples' Republic of China (2) and India (2 via joint ventures). Shares of SKW Stahl-Metallurgie Holding AG have been listed in Frankfurt Stock Exchange's Prime Standard since December 1, 2006 with ISIN DE000SKWM013 /since August 15, 2011: DE000SKWM013), and have been included in the SDAX index from June 23, 2008. DISCLAIMER This press release contains statements on future developments that are based on currently available information and involve risks and uncertainties that could cause the actual results to differ from these forward-looking statements. These risks and uncertainties include, for example, unpredictable changes in political and economic conditions, particularly in the steel and paper industry, the competitive situation, interest and currency risks, technological development as well as other risks and unexpected circumstances. SKW Stahl-Metallurgie Holding AG and its Group companies accept no obligation to update such forward-looking statements. End of Corporate News --------------------------------------------------------------------- 22.09.2013 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: SKW Stahl-Metallurgie Holding AG Rathausplatz 11 84579 Unterneukirchen Germany Phone: +49 (0)8634 62720-15 Fax: +49 (0)8634 62720-16 E-mail: info@skw-steel.com Internet: www.skw-steel.com ISIN: DE000SKWM021 WKN: SKWM02 Indices: SDAX Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 231318 22.09.2013