Philipp Gmür, CEO of the Helvetia Group, announces that he is stepping down in mid-2023

Helvetia Holding AG / Key word(s): Personnel Philipp Gmür, CEO of the Helvetia Group, announces that he is stepping down in mid-2023 25-Oct-2022 / 07:00 CET/CEST Release of an ad hoc announcement pursuant to Art. 53 LR The issuer is solely responsible for the content of this announcement. Ad hoc announcement pursuant to Art. 53 LR St.Gallen, 25 October 2022

Philipp Gmür, Group CEO of Helvetia Insurance, has announced that he will step down in mid-2023. He has been with the company since 1993 and has held the role of Group CEO since 2016. The Board of Directors has begun the process of appointing a successor.

Philipp Gmür, Group CEO of Helvetia Insurance, on his intention to step down in mid-2023: "After 30 years at the Helvetia Group, of which I spent 13 years as CEO of the Swiss domestic market and seven years as Group CEO, the time has come to start a new chapter. It is a privilege and a joy to be able to shape the Helvetia Group's development together with a strong team. However, I also look forward to passing on the baton and taking on new tasks outside the Helvetia Group." The qualified lawyer Gmür joined Helvetia in 1993 and after various career stages became Group CEO in 2016.

Chairman of the Board of Directors Thomas Schmuckli says: "Philipp Gmür has had a lasting impact on the Helvetia Group. Under his many years of leadership as CEO Switzerland, Helvetia developed into a leading all-line insurer in its domestic market. In the position of Group CEO, he has driven forward the internationalisation of the Group, the expansion of additional lines of business and the introduction of new business models in a targeted manner. We would like to express our sincere gratitude to Philipp Gmür for his immense and longstanding dedication to the Helvetia Group."

The Board of Directors has begun the process of appointing a successor.

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