Setting the course for the future: ALSO HOLDING AG DRIVES FINANCE DIVISION FORWARD

As of 1 October 2023, the Board of Directors appoints Andreas Kuhn (42), a graduate business economist and certified public accountant, as the new CFO for the company. He also will be a member of the Group Management Board. His career at ALSO started almost twelve years ago. Through his current position, he is very familiar with all the details of monitoring and managing the company's performance.

His deputy will be Anja Steiner (34), Master of Advanced Studies Corporate Finance, who has been working very successfully in various positions at ALSO for several years. She is currently responsible for the finances of the largest region as Regional Finance Director for Germany, Austria, and Switzerland.

Andreas Kuhn can draw on a highly competent team to manage the finances. Experienced experts in areas such as credit controlling, treasury, currency and inventory management will collaborate with him to drive the financial development of the technology provider and the digitalisation of the division.

The previous CFO, Ralf Retzko, is leaving the company by mutual agreement and on the best of terms. He will remain closely associated with it as an advisor beyond the 2023 financial year.

Gustavo Möller-Hergt, CEO of ALSO Holding AG (SIX: ALSN): “Ralf Retzko has played a significant role in the development of our excellent team. We thank him for the extraordinary work he has been doing over many years. He is succeeded by Andreas Kuhn, a financial expert who also has extensive experience in working with the Swiss stock exchange and investors. The new appointment is another milestone in the generational change of the company’s management team.”