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The Supervisory Board of Flughafen München GmbH (FMG), the Munich Airport operating
company, has selected Jost Lammers (52) as the airport’s next president and CEO. He has been
appointed for a five-year term effective as of January 1, 2020.Jost Lammers will succeed Dr. Michael Kerkloh, who is to retire at the age of 66 on December
31, 2019 after leading the FMG Group very successfully for more than 17 years.

Albert Füracker, the Bavarian minister of finance and the chairman of the FMG Supervisory
Board, sees Jost Lammers as an “excellent choice”: “As the CEO in Budapest, Mr. Lammers
has guided that airport through an impressive period of growth and development. We have
therefore selected a candidate whose experience, skills, personality and age make him the ideal
choice to lead Bavaria’s Gateway to the World into the future and successfully master the many
challenges that lie ahead.”

Jost Lammers, Thomas Weyer (CFO and Director of Infrastructure) and Andrea Gebbeken
(Managing Director: Commercial and Security) will make up Munich Airport’s new Management
Board.

A respected expert in aviation with a degree in economics, Mr. Lammers is currently the CEO of
Budapest Airport. Before that he served as CEO of Flughafen Düsseldorf Ground Handling
GmbH and worked as an asset manager for Düsseldorf Airport with Hochtief AirPort GmbH and
as a project manager for Athens Airport. Mr. Lammers was recently elected president of Airports
Council International Europe (ACI Europe) and is a member of the supervisory board of Hamburg
Airport.

Awaiting the new CEO is a well-managed operation in excellent order. Munich Airport is firmly
established among Europe’s largest air transportation hubs and is regarded as Europe’s best
airport.