9 June 2020 |

Mountain Alliance AG: Dr. Cornelius Boersch new Chairman of the Supervisory Board

München, June 9, 2020 – Mountain Alliance AG (MA, ISIN DE000A12UK08) announces a change in the composition of its Supervisory Board.

Mountain Partners AG has delegated Dr. Cornelius Boersch to the Supervisory Board of the Company effective June 04, 2020, in the course of its delegation right according to the articles of association. In the constituent meeting, Dr. Boersch was unanimously elected chairman by the board.

Dr. Cornelius Boersch is a globally active financial investor and respected business angel. As founder and Chairman of the Board of Directors of Mountain Partners AG, which is at the same time the majority shareholder of Mountain Alliance AG, he invests in promising technology start-ups.

Following the acquisitions of Mountain Internet AG and Mountain Technology AG with several promising technology investments in recent years, Mountain Alliance AG has already significantly expanded its market position as a later-stage growth investor for companies with a digital business model.

"The relationship between Mountain Partners AG and Mountain Alliance AG is a grown success story. We are very pleased to welcome Dr. Cornelius Boersch, a proven expert with an extensive network for the further expansion of Mountain Alliance AG, as Chairman of the Supervisory Board," says Daniel Wild, CEO of Mountain Alliance AG.

"Mountain Alliance AG is an important player in investments in disruptive business models of the digital world. Together with the Supervisory Board, the Management Board and all employees we will advance the growth strategy of Mountain Alliance AG. I am looking forward to the tasks ahead of us," says Dr. Cornelius Boersch.

The Supervisory Board of Mountain Alliance AG now consists of the members Dr. Cornelius Boersch, Tim Schwenke, Sandra Isabell Mann, Dr. Nikola Deskovic, Dr. Jens Neiser and Daniel S. Wenzel.

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