Board of Management (Status: April 1st, 2010)
A portrait of the Board of Management of CEWE COLOR Holding AG and the Board of Management and management of the Neumüller CEWE COLOR Foundation.

| Dr. Rolf Hollander Chairman of the Board of Management of the Neumüller CEWE COLOR Foundation and Chairman of the Board of Management of CEWE COLOR Holding AG |
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| Dr. Michael Fries Member of the Managing Board of the Neumüller CEWE COLOR Foundation, responsible for coordinating the German plants, personal and logistics |

| Harald H. Pirwitz Member of the Board of Management of the Neumüller CEWE COLOR Foundation and responsible for Sales in Germany, Austria and Switzerland and also for marketing |

| Felix Thalmann Director of the Neumüller CEWE COLOR Foundation and responsible for foreign countries and expansion |

| Frank Zweigle Managing Director of the Neumüller CEWE COLOR Foundation and representative of the beneficiaries |
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| Dr. Reiner Fageth Managing Director of the Neumüller CEWE COLOR Foundation and Member of the Board of Management of CEWE COLOR Holding AG, responsible for Technology, Research and Development |

| Andreas F. L. Heydemann Member of the Board of Management of CEWE COLOR Holding AG and Managing Director of the Neumüller CEWE COLOR Foundation, responsible for Materials Management, EDP and Auditing |

| Dr. Olaf Holzkämper Member of the Board of Management of CEWE COLOR Holding AG and Managing Director of the Neumüller CEWE COLOR Foundation, responsible for Finance and Controlling, Investor Relations and Company Development
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