Dr. Arno Antlitz, currently member of the Board of Management of AUDI AG for Finance and Legal Affairs, is to succeed Frank Witter as the Group Board of Management member responsible for Finance at the earlier date of April 1, 2021. The Supervisory Board already announced the change last December. As is known, Witter’s contract expires at his own request at the end of June 2021, an earlier changeover was already intended in December. Witter will continue to serve the company in an advisory capacity until then to ensure the best possible transition. He will present the Group’s annual financial statements at the Annual Media Conference.