Frankfurt am Main – September 2, 2020 – At its meeting today, the Supervisory Board of Northern Data AG (XETRA: NB2, ISIN: DE000A0SMU87) appointed Dr Mathias Dähn as member of the Management Board and Chief Financial Officer with effect from September 7, 2020. He has many years of management experience from various positions as CFO, most recently with SDAX-listed Koenig & Bauer. He succeeds Mathis Schultz, who is leaving the Management Board at the same time after many years with the Company and will accompany the handover to Mathias Dähn until the end of the year. The Supervisory Board would like to thank Mr Schultz for his great service to the Company. Since November 2017, he has been instrumental in driving forward the development of the Company.

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This press release does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities of Northern Data AG and does not constitute a prospectus of Northern Data AG. The information contained in this press release is not intended to form the basis of any financial, legal, tax or other business decision. Investment or other decisions should not be made solely on the basis of this press release. As with all business and investment matters, please consult qualified professional advice. This release and the information contained herein are not for distribution, directly or indirectly, in or into the United States of America, Canada, Australia or Japan.

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