02/16/2012 CORPORATE

Franz-Josef Flosbach- new Supervisory Board member

Franz-Josef Flosbach is a new member of the Supervisory Board of Atlantic Grupa since February 16 2012.

He is the Director for Europe, Middle East and Central Asia in DEG (German development bank) which, through the recapitalisation process, became Atlantic Grupa’s shareholder in November 2006. He obtained an industrial engineer’s degree at the Technical University Darmstadt. After working for a couple of years as a Senior Advisor with focus on M&A at the Treuhand- Vereinigung AG / Coopers & Lybrand GmbH, Franz-Josef Flosbach changed to DEG in 1975, where he has been assigned a number of executive tasks, including his present responsibility for new business development in the transformation countries of Europe, the Middle East and Central Asia.

He has special knowledge in areas such as financing and joint ventures, M&A, restructuring and privatization of enterprises, consultancy for enterprises and institutions. His fields of experience are financial services, processing industry, hotel and tourism industry.