Press Release

"Thorsten Lücke has many years of international experience within the Bosch Group and great expertise in Finance and the management of large international units. We are therefore pleased to appoint him to the BSH Board of Management as CFO," said Dr. Christian Fischer, Deputy Chairman of the Board of Management of Robert Bosch GmbH and Chairman of the Supervisory Board of BSH. "At the same time, on behalf of the entire Supervisory Board, I would like to thank Gerhard Dambach for his many years of service on the Board of Management and his great contribution to the success of BSH. We look forward to his continued active support in the tasks ahead and in the upcoming handover process to his successor."

"Thorsten Lücke is a successful manager and an experienced businessman with many years of international experience. My colleagues and I are very much looking forward to working with him on the Management Board," added Matthias Metz, President and CEO of BSH Hausgeräte GmbH. "At the same time, we would like to thank Gerhard Dambach for his outstanding commitment over the past five years and his extremely valuable contribution to BSH's success. From June, he will be actively involved in the transition phase together with Thorsten Lücke. I would like to thank him already today."

Thorsten Lücke graduated in Mechanical Engineering and Production Management from Rheinisch-Westfaelische Technische Hochschule (RWTH) Aachen, Germany, in 2000. He went on to earn a doctorate in Production Management from the Faculty of Mechanical Engineering. "Being appointed to the BSH Board of Management is both a challenge and a motivation for me. I am very much looking forward to the exciting task of playing a key role in shaping the future of BSH," said Lücke.