Pfleiderer Makes Changes to Supervisory Board

Munich, Germany, June 24, 2010--After nearly 20 years as chairman of the Supervisory Board, Ernst-Herbert Pfleiderer stepped down from his position at the end of Pfleiderer’s Annual Shareholders’ Meeting.

Executive Board Chairman Hans H. Overdiek said, “Mr. Pfleiderer has been closely connected with this company since his birth. Not only that, but over the years he has demonstrated in an exemplary manner how the founder family is still committed and assuming responsibility after many generations. Forty years at the company, 37 years in leading positions, nearly 20 years as chairman of the Supervisory Board – this is a track record that is not often seen in the history of German industry.”

The shareholders elected Hans Theodor Pfleiderer as a new member of the Supervisory Board, and Christopher von Hugo was elected as the new chairman of the company’s Supervisory Board.

Von Hugo is managing director and partner of One Equity Partners Europe GmbH, an internationally active investment firm that has held an equity interest in Pfleiderer since January and holds 23.3% of the company’s shares.

The Pfleiderer family holds 10.4% of the shares.