Change in the Executive Committee of Schaffner Group

Media Release

Change in the Executive Committee of Schaffner Group

Luterbach, Switzerland, 19 December 2019 – Max Bänziger, Chief Operating Officer (COO) of the Schaffner Group, will leave the Group to take on a new professional challenge. He will step down from Schaffner Executive Committee at the end of January 2020.

Until a succession has been resolved, Martin Köppel, Head of Global Quality of the Schaffner Group and former production manager, will take over the tasks associated with the COO function on an interim basis.

Max Bänziger joined Schaffner Executive Committee in January 2018. The Board of Directors and the Executive Committee would like to express its warm thanks for his commitment and wish him all the best for the future.

Contact

Marc Aeschlimann

Christian Herren

Chief Executive Officer

Chief Financial Officer

T +41 32 681 66 01

T +41 32 681 66 01

marc.aeschlimann@schaffner.com

christian.herren@schaffner.com

Financial calendar

14 January 2020

24th Annual General Meeting

7 May 2020

Publication of half-year results 2019/20

8 December 2020

Publication of annual results 2019/20

12 January 2021

25th Annual General Meeting

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