On January 19, 2017, Dr. Ulrike Handel has informed the Chairman of the Supervisory Board of ad pepper media International N.V. that she prematurely terminates her management board service agreement as of 30 April 2017 in accordance with the contractual stipulations and resigns from the Management Board as of that date. As Chairwoman/Chief Executive Officer of ad pepper media International N.V., she has led the Group since March 2013.