Ad Interim Chairmanship Of SWX Group

The Board of Directors of the SWX Group has taken note that Dr. Reto Francioni, to date Chairman of the Board, has been nominated for the office of chairman of Deutsche Börse AG and will stand for election by its supervisory board. The SWX Board of Directors extends its best wishes to Reto Francioni for his election and future tasks, and would like to express its sincere gratitude for his devotion and the services he has rendered on behalf of SWX.

In the interest of proper procedure, the Board has relieved its former Chairman of all his previous obligations with immediate effect. Also with immediate effect and until a successor is elected, the Board will be headed by its current Vice Chairman, Jacques de Saussure. Upon his appointment to the ad interim chairmanship, de Saussure noted: “The replacement of Reto Francioni as Chairman is a completely normal process. We very much look forward to collaborating with him in his new function.“

In a personal communiqué, Reto Francioni proposed the former Head of the SWX Executive Committee, Ms Antoinette Hunziker-Ebneter, as his successor to the chair of the Board of Directors. The Board has taken this proposal under advisement and shall examine it – along with any further candidacies – and come to a finding on the nomination in due course.