DGAP-News: NFON AG: Supervisory Board realigns Management Board and appoints Dr. Klaus von Rottkay CEO

Corporate News

NFON AG: Supervisory Board realigns Management Board and appoints Dr. Klaus von Rottkay CEO

Realignment and appointment of the Management Board to focus even more strongly on customer and market development as well as product development as strategic areas

Munich, October 21, 2020 - The Management Board of NFON AG (together with its subsidiaries "NFON" or the "Company"), the only pan-European cloud PBX provider, is being realigned. Dr. Klaus von Rottkay will lead the NFON Group as its CEO starting December 1, 2020, together with long-time Board member Jan-Peter Koopmann. Dr. Klaus von Rottkay thus succeeds Hans Szymanski and César Flores Rodríguez. After four and a half years as CEO, Hans Szymanski, who successfully led NFON AG to the stock exchange in 2018, will leave the company at the end of the year. At the same time, César Flores Rodríguez, responsible for sales, marketing, consulting & services as well as international business, under whose leadership the number of installed customer extensions (seats) will have doubled to around 500,000, will be leaving the company because sales activities are being bundled under the responsibility of the new CEO. During the transition phase until the end of the year, Hans Szymanski and César Flores Rodríguez will be available to the company in an advisory role. The areas of Research & Development, Technical Operations, Data Protection, Support/Logistics, Internal IT, Product Management and now Consulting & Services will remain the responsibility of Jan-Peter Koopmann as Chief Technology Officer.

"Hans Szymanski and César Flores Rodríguez deserve our sincere thanks for their achievements," said Rainer Koppitz, Chairman of the Supervisory Board of NFON AG. "With the new orientation and composition of the Management Board, the strategic areas of customer and market development on the one hand and product development on the other are now even more in focus. As a member of the Management Board of Microsoft Germany, Dr. Klaus von Rottkay has firmly established cloud services in Germany and in more recent years, as CEO of PlanetHome, another cloud-based company, turned it into a high-revenue market leader in the real estate industry. The new profile of the Management Board is a clear affirmation of NFON Group's strategic goal of becoming the No. 1 for Cloud telephony in Europe."

Dr. Klaus von Rottkay (51) holds a Ph.D. in physics and was Associated Principal at McKinsey from 1999 to 2005. In 2006, he joined Microsoft Germany, where he was initially responsible for the Server & Tools Business Group and then headed Enterprise Solution Sales. In 2011, Dr. Klaus von Rottkay moved to Microsoft's Danish subsidiary as COO/CMO until 2013, when he took over the Marketing and Operations departments in the same position on the Management Board of Microsoft Germany. During this time, he managed the Business Groups Windows & Devices, Office, Cloud & Enterprise and Business Solutions in the third largest subsidiary of Microsoft Corporation in addition to Marketing. He then joined PlanetHome Group as its CEO in 2017. As an M&A consultant, Dr. Klaus von Rottkay was also involved in many pre- and post-merger projects.

"An essential part of my previous work has been to help customers digitize their work processes leveraging Software-as-a-Service (SaaS). I will continue to do so," said cloud specialist Dr. Klaus von Rottkay. "With its forward-looking technology, NFON has anticipated the potential of a digitized working world. Digital and flexible communication solutions are essential for any company. The rapidly changing European market offers great opportunity, which we will continue to tackle with a our growth strategy."

Investor Relations Contact

NFON AG

Sabina Prüser

Head of Investor Relations

+49 89 45300 134
[email protected]

Media Contact

NFON AG

Thorsten Wehner

Vice President Public Relations

+49 89 45300 121
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About NFON AG

Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider - counting more than 40,000 companies across 15 European countries as its customers. With Cloudya, NFON offers an easy-to-use, independent and reliable solution for advanced cloud business communications. Further premium and industry solutions complete the portfolio in the field of cloud communications. With our intuitive communications solutions, we enable European companies to improve their work a little, every single day. NFON is the new freedom in business communication. https://corporate.nfon.com/de/

Disclaimer

This announcement is not an offer of securities for sale in the United States of America. The securities of the Company have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") and may not be offered or sold in the United States of America absent registration or an exemption from registration under the U.S. Securities Act. No public offering of securities of the Company is being made in the United States of America and the information contained herein does not constitute an offering of securities for sale in the United States of America, Canada, Australia, Japan or any other jurisdiction in which such offering would be unlawful. This announcement is not for release, publication or distribution directly or indirectly in or into the United States of America, Australia, Canada, Japan or any other jurisdiction in which the distribution or release would be unlawful or to U.S. persons.