COO and Deputy CEO Maria Moraeus Hanssen to leave Wintershall Dea on December 31st, 2019

Maria Moraeus Hanssen, COO and Deputy CEO of Wintershall Dea, will leave the company on December 31st, 2019 in order to pursue other opportunities. Until that time she will continue in her present role providing board-level leadership of the EMEA business units and the merger integration.

A recruitment process for her successor is underway. The shareholders, BASF and LetterOne, are most grateful for the significant contribution she has made during her tenure with both the company and DEA.

_{About Wintershall Dea}

_{With the merger of Wintershall Holding GmbH and DEA Deutsche Erdoel AG, two successful companies with a long tradition have formed Europe’s leading independent natural gas and oil company: Wintershall Dea. The company with German roots and headquarters in Kassel and Hamburg explores for and produces gas and oil in 13 countries worldwide in an efficient and responsible manner. With activities in Europe, Russia, Latin America and the MENA region (Middle East & North Africa), Wintershall Dea has a global upstream portfolio and, with its participation in natural gas transport, is also active in the midstream business.}

_{Wintershall Dea stands for more than 120 years of experience as an operator and project partner along the entire E&P value chain. The company employs around 4,000 people worldwide from over 60 nations. The company plans to increase its average daily production from around 590,000 barrels of oil equivalent to a range of 750,000 to 800,000 barrels in the period between 2021 and 2023. In the medium term, an initial public offering of Wintershall Dea is envisaged.}