Ad hoc announcement pursuant to Section 15 of the
German Securities Trading Act (WpHG)
CropEnergies Executive Board Member Dr. Guderjahn Appointed Member of Südzucker Executive Board
Mannheim, 1 February 2012 - Dr. Lutz Guderjahn (46) who has been a member of the executive board of CropEnergies AG, Mannheim, since 2006 will leave his position as a member of CropEnergies' executive board to join the Südzucker executive board after adjournment of the annual general meeting of CropEnergies AG on 17 July 2012.
Guderjahn will succeed Prof. Dr. Markwart Kunz (63), who holds the engineering, as well as research and development portfolios. Guderjahn will also assume Kunz' responsibility for the CropEnergies segment, thus continuing to closely accompany the further growth of the CropEnergies Group.
The supervisory board of CropEnergies AG will make a decision concerning Guderjahn's succession on the CropEnergies executive board in due time before the end of his term in office.
CropEnergies - a member of the Südzucker Group - is a leading European manufacturer of sustainably produced bioethanol for the fuel industry, with an annual output of over 700,000 cubic meters of bioethanol. "Crop" stands for "creative regeneration of power": Energy in the form of bioethanol is produced from renewable resources - grain and sugar beets. CropEnergies also refines the co-products of bioethanol production into over 500,000 tonnes of high-quality food and animal feed.
CropEnergies sees itself as a pioneer in the German bioethanol market and is expanding its market position throughout Europe. With three modern production sites and two tank storage facilities, CropEnergies has an efficient production and sales network in the European growth market for renewable energies. The shares of CropEnergies AG (ISIN DE000A0LAUP1) are listed in the regulated market (Prime Standard) on the Frankfurt Stock Exchange.