DGAP-News: CEWE: Personal change

CEWE: Personal change

Oldenburg, 17. March 2022. The Chairman of the Board of Trustees of the Neumüller CEWE COLOR Stiftung, Dr. Rolf Hollander announced that the Board of Trustees, due to differing opinions on corporate management, with a majority decision, has accepted the Management Board contract of the Chairman of the Management Board, Dr. Christian Friege will not extend beyond December 31, 2022. As a personally liable partner, the Neumüller CEWE COLOR Stiftung manages the business of the listed CEWE Stiftung & Co. KGaA. The board of trustees decides on the composition of the board of directors. Dr. Friege has offered to ensure continuity in leadership and enable a smooth handover. The decision on the successor has not yet been made.

CEWE can report a pleasingly positive development after successfully completing the transformation from a classic analogue photo lab business to a digital photo service provider and well-known brand company. Brand awareness, turnover and earnings as well as dividend distributions have been continuously increased. CEWE has achieved the leading position in European photofinishing with its corporate brand and a series of company acquisitions. The CEWE PHOTOBOOK is by far the most popular photo book on the continent. Saxoprint, an important provider of commercial online printing, is part of the corporate group. Despite some adversities, it was possible to expand the market position and the economic result even during the pandemic.
Dr. Rolf Hollander, Chairman of the Board of Trustees of the Neumüller CEWE COLOR Foundation, emphasises: "The Board of Trustees would like to thank the entire seven-member Board of Management for its successful management work in recent years. CEWE is well positioned and has achieved an excellent market position - the solid, promising basis for the economic future of our company."

CEWE Stiftung & Co. KGaA, Axel Weber (Investor Relations)
Tel.: 0441 / 404 - 2288, Fax: 0441 / 404 - 421, Email:

Internet: cewe.de , deindesign.de , whitewall.com , cheerz.com ,
cewe-print.de , viaprinto.de , saxoprint.de, laser-line.de

The CEWE apps are all available in the app stores: CEWE FOTOWELT, CEWE POSTCARD and other photo apps, and the CEWE Investor Relations App for iPads(c) or android tablets, with annual reports and quarterly reports, presentations and sustainability reports.

Financial schedule
(insofar as already scheduled)

31.03.2022 CEWE 2022 Annual Report and Analysts' Press Conference
11.05.2022 Publication of the 2022 Q1 interim communication
15.06.2022 2022 Annual General Meeting
09.08.2022 Publication of the 2022 HY1 interim report
20.09.2022 2022 Berenberg & Goldman Sachs German Corporate Conference
21.09.2022 2022 Baader Investment Conference
11.11.2022 Publication of the 2022 Q3 interim communication
29.11.2022 2022 German Equity Forum

About CEWE:
The CEWE Group is Europe's leading photo service and online printing supplier.

From its beginnings in 1912, CEWE has progressed to become the leading photo service company for all those wanting to make more of their photos. This is mainly due to the much-awarded CEWE PHOTOBOOK, with more than six million books being sold each year. Customers can purchase other personalised photo products under the brand names of CEWE, WhiteWall and Cheerz - and from many leading retailers in Europe. Concerning their personal photos, they are inspired to produce a variety of creative designs and they trust the company with more than 2 billion photos every year.

The CEWE Group has also set up a highly efficient production system for advertising prints and business prints for the online printing market, which is still a new market. Every year billions of high-quality printed products are delivered reliably to their purchasers through the SAXOPRINT, LASERLINE and viaprinto sales platforms.

The CEWE Group, through the founder family of Neumüller as an anchor shareholder, focuses on sustainable corporate management and has already received many awards for this effort: economically sustainable in the long term; cooperative and fair in dealings with customers, employees and suppliers; socially responsible and protective of the environment and resources. An example of this is the climate-neutral process used to produce all the CEWE brand-name products.

The CEWE Group has a staff of 4,000 employees and operates in 21 countries. CEWE is listed on the SDAX. More information is available at company.cewe.de.