A-TEC INDUSTRIES AG ::: Managing Board

Managing Board A-TEC Industries AG

Mirko Kovats Chairman of the Managing Board (since 9 March 2006)

Born in 1948. Studied at the Vienna University of Economics and Business Administration, obtaining a doctorate in 1971. Import-export business in Central and Eastern Europe with a focus on machine tools. Acquisition of a 50% interest in the EMCO Group in 1997. Founder and majority shareholder of A-TEC Industries. Creation and expansion of the A-TEC Industries Group through the takeovers of ATB, AE&E and Montanwerke Brixlegg. Chief Executive Officer (CEO) of A-TEC Industries since 2006.

Christian Schmidt Deputy Chairman (since 9 March 2006)

Born in 1957. Studied at the University of Natural Resources and Applied Life Sciences Vienna and the Swiss Federal Institute of Technology Zurich, graduating in 1982. From 1983 on, management positions with industrial companies and consultancies. Since 2001 part owner of A-TEC Industries. Involved in establishing and expanding the A-TEC Industries Group and a member of the management boards of ATB and AE&E. Since 2006 Chief Operating Officer of A-TEC Industries.

Franz Fehringer Member of the Managing Board (since 24 September 2010)

Born in 1957. Master degree in business administration from Vienna University, from 1988 independent tax advisor, 1983 - 1988 Employement in public accounting and tax advisory. Joined A-TEC in 2001 and held various roles with responsibility for accounting, treasury and tax. Various intragroup supervisory positions. Since 24 September 2010 Chief Finance Officer (CFO) at A-TEC Industries.

Fields of duty

In his capacity as Chief Executive Officer (CEO) and Chairman of the Management Board Mirko Kovats is responsible for the overall coordination and strategic alignment of the Company. As spokesman of the Management Board he is responsible for furnishing information to the Company’s governing bodies, and for making declarations to its shareholders, the public and the media.

As Chief Operating Officer (COO) Christian Schmidt is responsible for the operational management of the various divisions. This concerns, in particular, the technology employed by, and development of the factories. He also heads the central human resources (HR) function.

As Chief Financial Officer (CFO) Franz Fehringer heads the finance function, and the accounting function including risk management. He is also in charge of corporate internal financial control, and the legal, insurance and IT functions.

Meetings of the Management Board are held at least once a month.