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[Translate to Chinese / Chinesisch:] New CEO of the ARGO-HYTOS Group AG

[Translate to Chinese / Chinesisch:] Dr. Marcus Fischer

[Translate to Chinese / Chinesisch:]

[Translate to Chinese / Chinesisch:] Dr. Marcus Fischer will take over as the new Chief Executive Officer of ARGO-HYTOS in June 2024.

The Board of Directors of the ARGO-HYTOS Group AG has appointed Dr. Marcus Fischer as the new CEO. He succeeds Erich Hofer, who will be leaving the Group after more than 10 years, the last three of which as CEO.

Mr. Hofer has held the position of CFO since 2017 and CEO since 2021 and will leave the ARGO-HYTOS Group AG in June 2024. We would like to thank Mr. Hofer for his steady commitment to ARGO-HYTOS.

Dr. Marcus Fischer is not a new member of the team. He has been with ARGO-HYTOS for 17 years. He started as Head of Development in 2007, and in 2010 he joined the management of the ARGO-HYTOS GmbH in Kraichtal and simultaneously took on the role of the Group CTO. At the beginning of 2016, he took over the position of the COO of the ARGO-HYTOS Group AG and is responsible for both development and all of the Group's production plants.
Dr. Marcus Fischer is an experienced technology and industry expert who is very familiar with our markets, customers and suppliers. We are delighted to have found an internal successor for the CEO position in him.

Dr. Marcus Fischer comments on his election as follows: "I would like to thank for the trust that has been placed in me with the appointment as CEO and I am very much looking forward to shaping the future of ARGO-HYTOS as the off-highway division of VOITH Turbo in these exciting times of technological change."

Until further notice, Dr. Fischer will perform the dual function of CEO and COO.

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