EQS-Adhoc: V-ZUG Holding AG: Sandra Forster-Bernacchia has been appointed as the new Head Human Resources and Member of the Executive Board of the V-ZUG Group and takes up the position on 1 December 2020

Press release dated 11 August 2020

V-ZUG Group: Sandra Forster-Bernacchia has been appointed as the new Head Human Resources and Member of the Executive Board of the V-ZUG Group and takes up the position on 1 December 2020

Zug, 11 August 2020 - V-ZUG Holding AG has appointed Sandra Forster-Bernacchia as Head Human Resources and Member of the Executive Board.

Sandra Forster-Bernacchia takes up her position as Head Human Resources of the V-ZUG Group on 1 December 2020. Due to the new positioning and focus of V-ZUG as an independent, listed company the Head Human Resources will act as a Member of the Executive Board in the future, be responsible for the groupwide personnel policy and support important culture and transformation matters on an international level.

Sandra Forster-Bernacchia studied Law and Political Science at the University of Zurich (lic. iur.). She completed further education (CAS & MAS) in the field of Human Resources at ZHAW-IAP Zurich as well as an Executive MBA program at University of St. Gallen. Up until today Sandra Forster-Bernacchia is working as Head People & Culture at ISS Schweiz AG, Zurich, and is responsible for Human Resources and Culture as a Member of the Executive Board. Between August 2013 and July 2019, she was responsible for Human Resources and multiple international projects as Head Human Resources and Member of the Executive Board at Hilti (Schweiz) AG, Adliswil.

About the V-ZUG Group

V-ZUG is the leading Swiss brand for household appliances. Located in the heart of Switzerland, V-ZUG has been developing and producing kitchen and laundry appliances for over 100 years and offers a comprehensive service as well. In Switzerland alone, there are over 300 technicians working in the service business. As market leader in Switzerland, V-ZUG Group also markets its products in selected premium markets abroad. V-ZUG Group currently employs around 2,000 people.

The holding company V-ZUG Holding AG is listed in the Swiss Reporting Standard of SIX Swiss Exchange in Zurich (securities number 54 248 374, ISIN CH0542483745, ticker symbol VZUG).

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This press release is published in German and English. The German version is binding. V-ZUG Holding AG processes personal data in accordance with its privacy statement available at: https://www.vzug.com/ch/en/privacystatement.

The press release is available at https://www.vzug.com/ch/en/investor-relations-news.