Advanced Blockchain AG: Hatem Elsayed to Step Down from Management Board

Advanced Blockchain AG (ABAG) has announced a change in its leadership structure, with Mr. Hatem Elsayed stepping down from his position as a member of the Management Board. The transition became effective on 15 April 2026.

The departure was reached by mutual agreement between Mr. Elsayed and the company’s Supervisory Board. While he has exited his executive role, the company confirmed that Mr. Elsayed will remain involved with the organization in an advisory capacity.

Executive Transition and Board Acknowledgement

In an ad-hoc disclosure released on 15 April 2026, Advanced Blockchain AG expressed gratitude for the contributions made by the outgoing executive. The Supervisory Board specifically noted Mr. Elsayed’s significant contributions to the Company’s development, his strong commitment and the trustful cooperation.

The company, which operates as a venture builder and investor in the blockchain sector, is listed on the Scale Frankfurt and Primary Market Düsseldorf, as well as XETRA, under the ISIN DE000A0M93V6.

Context of Previous Tenure

This leadership change follows a previous period of stability in Mr. Elsayed’s role. On 21 August 2025, the Supervisory Board had extended Mr. Elsayed’s contract as Chief Operating Officer (COO) until 31 December 2027.

At the time of that extension, Rüdiger Andreas Günther, the Chairman of the Supervisory Board, had emphasized the value of Mr. Elsayed’s experience and commitment to the successful development of the firm.

The transition from an executive board member to an advisory role marks a shift in the company’s management trajectory ahead of the original 2027 contract expiration date.

Company Operations and Market Position

Advanced Blockchain AG focuses on the blockchain industry through its activities as a venture builder and investor. The firm manages various interests in the sector, including its subsidiary Incredulous Labs Ltd.

The company maintains transparency with its shareholders through regular updates and investor calls. In August 2025, the firm held an update call to discuss business development and the audited financial statements of Incredulous Labs Ltd.

The company is headquartered in Berlin, Germany and continues to operate within the regulatory frameworks of the European Union, including compliance with Article 17 of the Market Abuse Regulation (MAR) for the disclosure of inside information.