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Press Release Zumtobel Group: Management Board Mandate of CFO Thomas Tschol Extended

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Press Release Zumtobel Group: Management Board Mandate of CFO Thomas Tschol Extended Press Release Dornbirn, 14 November 2019 01 Zumtobel Group: Management Board mandate of CFO Thomas Tschol extended Dornbirn, Austria – The Supervisory Board of the Zumtobel Group announces that the contract of CFO (Chief Financial Officer) Thomas Tschol has been extended. With this decision, the Supervisory Board of the Zumtobel Group signals continuity: “We have come to appreciate Thomas Tschol as an excellent financial expert and look forward to a continued trustful cooperation. By extending his CFO mandate, we are taking an important step to provide stability and growth for all stakeholders,” explains Jürg Zumtobel, Chairman of the Supervisory Board of the Zumtobel Group. “I would like to thank the Supervisory Board for their trust. Together with my colleagues in the Management Board, we have set the course for a sustainable turnaround of the Zumtobel Group over the last few months. My goal is to continue the initiated change process with full commitment and at full speed. This is the only way we will be able to keep the company on the road to success in the long term,” says Thomas Tschol, CFO Zumtobel Group. Thomas Tschol assumed the role of Chief Financial Officer (CFO) in the Management Board of the Zumtobel Group with effect from 1 April 2018. His contract, which was terminated until 30 April 2020, has now been extended by the Supervisory Board until 30 April 2021. About Thomas Tschol Thomas Tschol studied business administration at the Ecole Supérieure de Commerce de Toulouse and at the TU Berlin and graduated in 1995. After starting his professional career at the Danube University in Krems and as a consultant at Cap Gemini Ernst & Young AG, Thomas Tschol established the Management Factory Corporate Advisory GmbH, a financial management service company, in Vienna in 2001. In addition to activities as the managing director of this company, he looks back on many years of experience as a Chief Financial Officer, among others with Mayr-Melnhof Holz Holding AG. Thomas Tschol, CFO Zumtobel Group | Photo Copyright Zumtobel Group Information This press release and the accompanying high-resolution image can be downloaded at: http://www.zumtobelgroup.com/en/press_center.htm 02 Media contact: Investor Relations Marina Konrad-Märk Emanuel Hagspiel Head of Group Communications Head of Investor Relations +43 (0)5572 509 575 +43 (0)5572 509 1125 [email protected] [email protected] About Zumtobel Group AG The Zumtobel Group is an international lighting group and a leading supplier of innovative lighting solutions, lighting components and associated services. With its brands, acdc, Thorn, Tridonic and Zumtobel, the Group offers its customers around the world a comprehensive portfolio of products and services. The Group’s know-how about the effects of light on people, acquired over decades, forms the basis for the development of innovations and for accessing new fields of business. In the lighting business, the Group with its Thorn and Zumtobel brands is one of the European market leaders. Through its lighting technology brand, Tridonic, the Zumtobel Group plays a leading role worldwide in the manufacture of hardware and software for lighting systems (LED light sources and LED drivers, sensors and lighting management). The Zumtobel Group’s service offering is one of the most comprehensive in the entire lighting industry, including consultation on smart lighting controls and emergency lighting systems, light contracting, design services and project management of turnkey lighting solutions, as well as new, data-based services focused on delivering connectivity for buildings and municipalities via the lighting infrastructure. The Group is listed on the Vienna Stock Exchange (ATX Prime) and currently holds a workforce of around 5,900 employees. In the 2018/19 financial year, the Group posted revenues of EUR 1,162.0 million. The Zumtobel Group is based in Dornbirn in the Vorarlberg region of Austria. For further information, please visit www.zumtobelgroup.com .
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