Changes to KHD’s Supervisory Board – Proposed Reduction of Number of Members of the Supervisory Board

Cologne, May 31, 2012 – The Management Board and the Supervisory Board will propose an amendment to the articles of association (reduction of the number of members of the Supervisory Board from six to three persons and reduction of the remuneration for the members) at the Annual General Meeting, which is intended to be held on July 27, 2012.

In order to facilitate the proposed amendment of the articles of association the Chairman of the Supervisory Board, Mr. Gerhard Beinhauer, as well as the Deputy Chairperson, Mrs. Silke Stenger, have resigned from their office as members of the Supervisory Board effective as of May 31, 2012, and Messrs. Hubert Keusch and Luc Antoine Baehni have resigned from their office as members of the Supervisory Board effective on the registration date of the proposed amendment of the articles of association (reduction of the number of members of the Supervisory Board from six to three persons) in the commercial register. The invitation and agenda for the Annual General Meeting will be published by no later than June 19, 2012.

Both the Supervisory Board and the Management Board thank Mr. Beinhauer, Mrs. Stenger as well as Messrs. Keusch and Baehni for their active support and dedication.