Fabasoft AG, AT0000785407

Fabasoft AG, AT0000785407

09.05.2022 - 16:38:59

Fabasoft AG: Disclosure of an inside information according to Article 17 MAR

09 May 2022, 03:45 pm

Fabasoft AG has decided further transformation of the Managing Board; Wodniok becomes new Member, Bauernfeind will resign from the Managing Board with 30 June 2022

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On the basis of the initiative of the long?time Managing Board members and founders of Fabasoft AG, Leopold Bauernfeind and Helmut Fallmann, the Supervisory Board of Fabasoft AG in its meeting from 09 May 2022 has decided as follows:

Leopold Bauernfeind will resign from the Management Board in mutual agreement with the Supervisory Board as of 30 June 2022 and he will terminate his contract with Fabasoft AG as of 31 March 2023. Matthias Wodniok, director of Fabasoft Deutschland GmbH, will be appointed as further member of the Management Board of Fabasoft AG effective from 01 July 2022 until 30 April 2024. He will be in particular responsible for the business division ?eGov?.

In order to support the transformation process, there will be established a consulting committee (?Executive Committee?) for the period from 01 July 2022 to 31 March 2023, which will consist of Helmut Fallmann and Leopold Bauernfeind.

Linz, 09 May 2022 The Management Board

Fabasoft AG Honauerstra?e 4, 4020 Linz, Austria (ISIN AT0000785407; WKN 922985; Bloomberg Code FAA GY; Reuters Code FAAS.DE)

Linz, 09 May 2022 Helmut Fallmann, CEO E-Mail: Helmut.Fallmann@fabasoft.com, Telephone: +43 732 60 61 62

Leopold Bauernfeind, Member of the Management Board E?Mail: Leopold.Bauernfeind@fabasoft.com, Telefon: +43 732 60 61 62

09-May-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.dgap.de

Language: English Company: Fabasoft AG Honauerstra?e 4 4020 Linz

Austria Phone: +43 732 606 162 Fax: +43 732 606 162 609 E-mail: Leopold.Bauernfeind@fabasoft.com Internet: www.fabasoft.com ISIN: AT0000785407 WKN: 922985 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart EQS News ID: 1347365 ? End of Announcement DGAP News Service

1347365??09-May-2022?CET/CEST

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