===
EQS-News: FRIWO AG / Key word(s): Miscellaneous/Personnel
FRIWO AG with changes to the Management Board
2024-04-25 / 18:24 CET/CEST
The issuer is solely responsible for the content of this announcement.
FRIWO AG with changes to the Management Board
. Roald Gréboval will become a new member of the company's Executive Board from May 1, 2024
. Predecessor Dr. Walter Demmelhuber leaves FRIWO for personal reasons
Ostbevern, April 25, 2024 - The Supervisory Board of FRIWO AG - an international manufacturer of technically leading
chargers and e-drive solutions - has appointed Roald Gréboval as a new member of the company's Executive Board with
effect from May 1, 2024. His responsibilities include the Group's global sales activities for the core business. He
succeeds Dr. Walter Demmelhuber, who has stepped down from the Executive Board for personal reasons. Roald Gréboval
complements the existing Management Board team with CEO Rolf Schwirz, who remains responsible for R&D, Sales e-drives
and international expansion with a focus on India, and the CFO Oliver Freund.
"We are delighted to have Roald Gréboval, an internationally experienced industry and technology expert, join the
Management Board of FRIWO AG. His many years of expertise in the implementation of growth strategies, particularly in
innovative technology applications, which also characterize FRIWO, are particularly noteworthy. This will further
strengthen the company's growth trajectory as a leading global provider of power supply and charging solutions as well
as e-mobility system solutions. I would also like to thank Dr. Walter Demmelhuber on behalf of my colleagues on the
Supervisory Board for his commitment," said Richard Ramsauer, Chairman of the Supervisory Board of FRIWO AG, commenting
on the appointments.

Professional milestones Roald Gréboval
Roald Gréboval (52) holds a Master's degree in energy technology and a Bachelor's degree in mechanical engineering. He
has more than 25 years of industrial and management experience in international companies with a focus on the
technology and mobility sector. Most recently, he spent a total of five years as Managing Director of global rail
activities and Head of Sales Europe at the Luminator Technology Group, a globally successful supplier of technology
solutions for passenger information and video surveillance systems. Prior to this, he spent around six years as
Director of Market Development at Schaltbau Holding AG, a leading technology partner for the safety and availability of
rail and direct current, which was listed on the stock exchange at the time. Prior to that, he held various management
positions for around eight years at the French company COMPIN, an international Tier 1 system supplier.

Further information on the company can be found on FRIWO's investor relations pages at: https://www.friwo.com/en/about/
investor-relations/

Contact investor relations and media
FRIWO AG
Ina Klassen
+49 (0) 2532 81 869
ir@friwo.com

Peter Dietz
+49 (0) 69 97 12 47 33
dietz@gfd-finanzkommunikation.de


About FRIWO:
FRIWO AG, listed in the General Standard of the Frankfurt Stock Exchange and headquartered in Ostbevern/Westphalia, is
an international manufacturer of technically leading chargers and e-drive solutions. FRIWO offers a whole range of
applications with customized systems from a single source. Founded in 1971, the company has evolved from a supplier of
power supply products to a full-range provider of sophisticated and customized solutions for electromobility. Today,
the product portfolio includes not only high-quality power supply solutions, but also battery charging solutions for a
wide range of applications. In addition, all components of a modern electric drive solution are also available: from
the display to the motor control and drive unit to the control software. With modern development centres, production
facilities and sales locations in Europe, Asia and the USA, FRIWO is present in all the world's major markets. FRIWO's
most important customers are leading brands in their respective markets and rely on FRIWO products to provide their
customers with the highest quality. The main shareholder of FRIWO AG is a subsidiary of VTC GmbH & Co. KG, Munich. For
more information, please visit our website at https://www.friwo.com.
2024-04-25 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.

Archive at www.eqs-news.com  
Language:     English 
Company:      FRIWO AG 

Von-Liebig-Straße 11
48346 Ostbevern
Germany

Phone:        +49 (0)2532 81-0 
Fax:          +49 (0)2532 81-129 
E-mail:       ir@friwo.com 
Internet:     www.friwo.com/de/about/investor-relations/ 
ISIN:         DE0006201106 
WKN:          620110 
Listed:       Regulated Market in Berlin, Dusseldorf, Frankfurt (General Standard); Regulated Unofficial Market in 

Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1889987

End of News EQS News Service
===
1889987 2024-04-25 CET/CEST

Image link: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=1889987&application_name=news

END) Dow Jones Newswires

April 25, 2024 12:25 ET (16:25 GMT)