At today's meeting, the Supervisory Board of VERBUND AG named the members of the Executive Board and stipulated their terms of office from 1 January 2019.

Dipl.-Ing. Wolfgang Anzengruber has been appointed as CEO and Chairman of the Executive Board for another 2 years until 31.12.2020. Dr. Peter F. Kollmann has been appointed as CFO for 3 more years until 31.12.2021 with an extension option for 2 additional years until 31.12.2023. As new Executive Board member and Vice Chairman of the Executive Board, Mag. Dr. Michael Strugl has been appointed for 3 years until 31.12.2021 with an extension option for 2 additional years until 31.12.2023. As additional new Executive Board member, Mag. Dr. Achim Kaspar has been appointed for 3 years until 31.12.2021 with an extension option for 2 additional years until 31.12.2023.

The Executive Board appointments of Dr. Johann Sereinig, Vice Chairman of the Executive Board, and Dr. Günther Rabensteiner, member of the Executive Board, will end as planned on 31 December 2018. Due to the age of these members, their appointments will not be renewed for a further term.

Contact:

Andreas Wollein
Head of Group Finance, M&A and Investor Relations
T.: +43 (0)5 03 13 - 52604
F.: +43 (0)5 03 13 - 52694
mailto:investor-relations@verbund.com