Klaus Schmidt 

German citizen, is a non-executive member of the Board of Directors as well as Chairman of the Audit Committee of Kaba Holding AG. Klaus Schmidt has been with DEKRA AG (Stuttgart, Germany) since 1996, serving the company in various functions as a member of the board of management before being nominated as CEO in 2003. Currently, he serves the company as CEO as well as a member of various supervision boards. He is also a member of the following bodies and organizations: Advisory Board, Deutsche Bank AG; Advisory Board, Gothaer Versicherungsbank VVaG; Advisory Board of HUK Coburg VVaG; NORISKO S.A. (France), as Chairman; and a member of the Board of Directors of Vinçotte International S.A. (Belgium). Previously, Klaus Schmidt was Managing Director of Alcatel Air Navigation Systems GmbH and held various positions with Standard Elektrik Lorenz AG(SEL Alcatel AG). Klaus Schmidt received a degree in technically oriented business administration from the Technical University of Stuttgart. He rounded out his academic background in the MBA Program of the University of Oregon (USA) and completed the Advanced Management Programme at INSEAD (Fontainebleau, Paris).