Board Converting News, April 7, 2025

Koenig & Bauer Announces New CEO, CFO, Executive Board Changes Würzburg, Germany based Koenig & Bauer announced that Stephen Kimmich has been appointed as the next CEO starting in June. Kimmich, CFO and Deputy CEO, will succeed the previous CEO, Andreas Pleßke, who is sched- uled to retire as planned on December 31, and will assume special responsibilities within the group as a member of the Executive Board. “I am very pleased that Stephen Kimmich is succeeding me as CEO,” Pleßke said. “He has proven in recent years as CFO and Deputy CEO that he can lead Koenig & Bauer successfully. With his extensive wealth of knowledge–both in our markets and technologies, in mechanical engineer- ing and in finance–he is the ideal person for this position. In addition, every generational change always brings new impulses for a company.”

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Kimmich has been with Koenig & Bauer since 2020 and has taken on increasing responsibility for the compa- ny during this time. He studied mechanical engineering and business administration in the US, UK and Germany. His 25 years of global industrial experience in mechanical engineering and the automotive industry have given him not only a deep understanding of international business processes, but also the ability to lead and transform com- panies in a dynamic environment. At Koenig & Bauer, he initially served as CFO, respon- sible for finance, capital market communications, IT, and strategic M&A. In December 2023, he was appointed Dep- uty CEO and, in April 2024, additionally assumed respon- sibility for the business segment Special as a member of the Executive Board. He will succeed Pleßke as Chairman of the Executive Board at the annual general meeting in June 2025. The term is for five years. Chairman of the Supervisory Board, Raimund Klinkner, said: “With Stephen Kimmich, we have the ideal candidate to take on the role of CEO in the generational transition. In addition to his international experience and his profile as an engineer and financial expert, he has built up a pro- CEO Andreas Pleßke will hand over the baton to the current CFO, Stephen Kimmich, at the Annual General Meeting on June 4.

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April 7, 2025

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