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15 April 2020

SCHMOLZ + BICKENBACH announces change in the Executive Board

Lucerne, April 15, 2020 – SCHMOLZ + BICKENBACH, a global leader in special long steel, announced today that the Board of Directors of the company has appointed Dr Markus Boening as Chief Financial Officer (CFO) and member of the Group Executive Board effective October 1, 2020 at the latest. The acting CFO Matthias Wellhausen had decided to leave the company in the course of 2020, after the successful refinancing.

07 April 2020

SCHMOLZ + BICKENBACH AG nominates new members to the Board of Directors

Lucerne, April 7, 2020 – SCHMOLZ + BICKENBACH, a global leader in special long steel, will propose six new members, Svein Richard Brandtzæg, Heinrich Christen, David Metzger, Dr Michael Schwarzkopf, Karin Sonnenmoser and Jörg Walther, for election to the Board of Directors at the Annual General Meeting on April 28, 2020. The current members Martin Haefner (Vice-Chairman), Michael Büchter, Isabel Corinna Knauf and Alexey Moskov will not stand for re-election. The two current members Jens Alder and Adrian Widmer will stand for re-election, Jens Alder also as Chairman of the Board of Directors.

01 April 2020

SCHMOLZ + BICKENBACH successfully completes refinancing

Lucerne, April 1, 2020 – SCHMOLZ + BICKENBACH, a global leader in special long steel, announces the successful completion of its financial restructuring. Following the capital increase of CHF 325 million completed in January 2020, the company has now signed the new financing agreements with the banks and its major shareholder BigPoint Holding AG, which will run until March 2025.