Alphaform AG / Key word(s): Change of Personnel 28.03.2014 10:25 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Ad hoc Announcement Change in the Management Board - significant result improvement in 2014 Feldkirchen, 28 March 2014 - Today the Alphaform AG Supervisory Board relieved Dr. Thomas Vetter of his duties as Management Board of the company with immediate effect and appointed the physicist Dr. Hanns-Dieter Aberle as the new Management Board. The Alphaform Supervisory Board would expressly like to thank Mr Vetter for the work he has done. Vetter headed Alphaform since January 2008. The Management Board agreement of Mr. Vetter who has a Ph.D in engineering expired at the end of 2014. Since the third quarter of 2013, Vetter had intensively advanced the restructuring process at Alphaform - both on the operating side and also on the financial side by obtaining fresh funds of EUR 3.3 million in February this year. For this reason, from the perspective of all those involved, an ideal time for an early change at the top had been created, especially as Vetter had declared his willingness to provide ongoing consultancy to Alphaform. Hanns-Dieter Aberle, the new Management Board, played a material role in the recent restructuring measures in a consultancy capacity. Hanns-Dieter Aberle is a respected expert of many years in the areas of laser technology and 3D printing. Over the last eight years, the physicist with a Ph.D worked as an interim manager for SMEs in the mechanical engineering segment, primarily in the areas of laser technology and 3D printing. One of his previous positions was Managing Director of Digma, the tool manufacturer. For the 2013 financial year, Alphaform reports a consolidated loss of EUR 6.2 million after net profit of EUR 0.5 million in the previous year. EUR 3.3 million of the loss in 2013 is the result of non-recurring effects on the statement of financial position. EUR 2.9 million is attributable to operations. Group revenue fell by 4.5 % to EUR 25.9 million in 2013. For the 2014 financial year, Alphaform AG expects to achieve revenue of approximately EUR 30 million and a significant earnings improvement against the previous year. As a result of the necessary restructuring expenses, for the 2014 financial year the Management Board expects a net loss to the order of EUR 1 million. For further information, refer to the Corporate News information which is published today. Contact: Dr. Hanns-Dieter Aberle CEO Tel.: +49 89 905002 29 ALPHAFORM AG Fax: +49 89 9050021029 Kapellenstraße 10 e-mail: [email protected] 85622 Feldkirchen Internet: www.alphaform.de 28.03.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Alphaform AG Kapellenstraße 10 85622 Feldkirchen Germany Phone: +49 (0)89 905002 - 0 Fax: +49 (0)89 905002 - 90 E-mail: [email protected] Internet: www.alphaform.de ISIN: DE0005487953 WKN: 548795 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------