Dr Axel Lehmann is not available for election to the Board of Directors of Helvetia Holding AG

Dr Axel Lehmann will not stand for election to the Board of Directors of Helvetia Holding AG at the next Shareholders' Meeting. He has been appointed as Chairman of the Board of Directors of Credit Suisse Group.

For this reason, Dr Axel Lehmann will also not stand for election as Chairman of the Board of Directors of Helvetia Holding AG from 2023. The Board of Directors of Helvetia Holding AG has already decided earlier that Dr Thomas Schmuckli should be elected as Chairman of the Board of Directors on an interim basis at the 2022 Shareholders' Meeting. This will not change.

The Board of Directors will analyse the situation and inform again in due course.