Changes on the Board of Management

At an extraordinary meeting in the first quarter of 2014, the Supervisory Board of LANXESS AG resolved to terminate Dr. Axel C. Heitmann’s appointment as a member and Chairman of the Board of Management of LANXESS AG. The Supervisory Board appointed Matthias Zachert as his successor effective April 1, 2014. LANXESS’s Chief Financial Officer Dr. Bernhard Düttmann performed the duties of the Chairman of the Board of Management until Mr. Zachert took office.