DGAP-News: UNIWHEELS AG: UNIWHEELS AG expands the management board (news with additional features)


DGAP-News: UNIWHEELS AG / Key word(s): Change of Personnel
UNIWHEELS AG: UNIWHEELS AG expands the management board (news with
additional features)

27.04.2016 / 14:00
The issuer is solely responsible for the content of this announcement.

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UNIWHEELS AG expands the management board
 
Dr. Wolfgang Hiller appointed as Chief Operating Officer and Head of the
Accessory division

Bad Dürkheim, 27th April 2016

At its meeting on 26 April 2016, the Supervisory Board of UNIWHEELS AG
passed a resolution to appoint Dr. Wolfgang Hiller as an additional member
to the Management Board effective 1 June 2016. As the Chief Operating
Officer (COO), Dr. Hiller will be in charge of the production plants and is
also assigned responsibility for the Accessory division.

Dr. Hiller has many years of international experience in the automobile
industry. His most recent post was at Buderus-Guss, Breidenbach, a brake
manufacturer, where he was CEO. Prior to this appointment he spent many
years at Bosch in Japan and Thailand, where he was a board member and
senior managing director. Dr. Hiller completed his masters degree in
physics in 1987 and earned his doctorate at the University of Bonn in
physics and computer science.

"The Supervisory Board is very pleased to have won such an internationally
experienced executive for the Management Board and is convinced that he is
the perfect match to accompany the strong growth in the group's production
as the new plant in Poland goes into operation. Dr. Hiller will also focus
on continued expansion of the Accessory business marketed under the
UNIWHEELS brands, ATS, RIAL, ALUTEC and ANZIO." - says Ralf Schmid,
UNIWHEELS AG Chairman of the Supervisory Board.

The other members of the Management Board are Dr. Thomas Buchholz (CEO and
Chairman) and Dr. Karsten Obenaus (CFO).


About UNIWHEELS:

The UNIWHEELS Group is one of the leading manufacturers of aluminum wheels
for cars in Europe and is one of the few technology leaders worldwide in
the aluminum wheel industry.

UNIWHEELS is Europe's third largest manufacturer of wheels supplying OEMs
in the automobile industry and is the leading producer of alloy wheels for
the aftermarket in Europe. The group's most well known proprietary brands
are ATS, RIAL, ALUTEC and ANZIO. Currently the group has three production
plants of which two are in Poland (Stalowa Wola) and one in Germany
(Werdohl). The new plant (No. 4) will go into operation in the middle of
the year and increase the group's maximum annual production capacity by
roughly 2 million wheels.

UNIWHEELS sees itself as one of the leading partners of the automotive
industry for the optimum reduction of CO2 emissions by reducing the weight
of alloy wheels. As well as weight-optimized construction methods, the
following procedures are primarily used: Flow Forming, Lightforming,
undercutting and forgecut.

In 2015 UNIWHEELS Group had with a sales volume of 7.8 million wheels EUR
436.5 million of revenues and an EBITDA of EUR 58.7 million. 2,539
employees worked for the Group.

Since 2015, UNIWHEELS AG is publicly listed on Main Market of Warsaw Stock
Exchange. The UNIWHEELS stock is floated under security identification
number A13STW, ISIN DE000A13STW4 and ticker symbol UNW.

For more information please contact:

Oliver Madsen
Head of Investor Relations
E-Mail: o.madsen@de.uniwheels.com
UNIWHEELS AG 
Gustav-Kirchhoff-Str. 10 
67098 Bad Dürkheim 
Germany


+++++
Additional features:

Document: http://n.eqs.com/c/fncls.ssp?u=TQOYQLPEBO
Document title: UNIWHEELS PR COO

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27.04.2016 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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