Supervisory Board to nominate Volker Kronseder for Supervisory Board election

The Supervisory Board of Krones Aktiengesellschaft (Krones AG) resolved in its meeting today that it supports the proposal made by shareholders, whose combined holdings exceed 25% of voting rights in Krones AG, and will nominate former Chairman of the Executive Board Volker Kronseder for election to the Supervisory Board by the 2016 annual shareholders’ meeting. If he is elected to the Supervisory Board, Volker Kronseder intends to run for the chairmanship. The annual shareholders’ meeting is scheduled to take place 15 June 2016.