Swiss Steel Holding AG announces envisaged changes to the Board of Directors and a planned reverse stock split - Seite 2

Karl Haider is a recognized industrial expert and highly qualified executive with comprehensive experience from working at major international industrial groups. As the current Chief Executive Officer of Semperit Holding AG in Austria, he brings extensive experience and strategic acumen. Previously, Karl served on the Executive Board at Tata Steel Europe as the Chief Commercial Officer and Director Operations Downstream, and before he served on the Executive Board at high performance metals division of the voestalpine Group as the Chief Commercial Officer. His journey began as a sales manager for Rehau, where he honed his sales expertise. Karl Haider holds a PhD in Natural Science, as well as a Master’s Degree in Technical Chemistry and Business Economics, both from the Johannes Kepler University of Linz in Austria.

Martin Lindqvist is an accomplished industrial professional and financial expert with over 25 years of experience in the steel industry. Martin Lindqvist has resigned as the President and CEO of SSAB. He spearheaded SSAB’s policy decision to transition the entire Nordic production system to fossil-free production. During his years at SSAB, Martin Lindqvist held various Head of Business Area positions. Prior to his tenure at SSAB, he held key roles at renowned companies such as NCC and Outokumpu Copper Strip. Currently, Martin Lindqvist serves on the Board of Directors of SCA, Europe’s largest private forest holding. He has also previously served on the board of INDUTRADE. Martin Lindqvist holds a Bachelor’s Degree in Economics from the University of Uppsala in Sweden.

Jens Alder, David Metzger, Mario Rossi and Dr. Michael Schwarzkopf are standing for re-election as members of the Board of Directors for a further term of office. Emese Weissenbacher is not standing for re-election.

The Board of Directors is pleased to be able to propose three proven managers to the Annual General Meeting as its new members. Alexander Gut, Karl Haider and Martin Lindqvist all have many years of international management experience and a high level of expertise. Martin Lindqvist has broad and successful experience in the steel industry. At the same time, the Board of Directors would like to thank Emese Weissenbacher for her great commitment and her services to the company.