4. Group Management

4.1. Members of Group Management

The members of the Group Management are appointed and dismissed by the Board of Directors. There were no changes in the reporting year. As at 31 December 2021, the Group Management was comprised as follows:

Dr Peter Pfeilschifter

1965; German citizen. Place of residence: Müswangen LU, Eberbach (Germany). Position: CEO since 2019. Training/degree: Studies in economics and business organisation (1992 MBA) and doctorate in economic sciences (1996) at the Bundeswehr University Munich, Germany. Professional background: 1995 to1997 Senior Consultant, Coopers & Lybrand, Essen and Munich; 1997 to 2003 various leadership roles at ABB Schweiz AG, Baden and Zurich (Switzerland); 2003 to 2010 various leadership roles at Gelita AG, Eberbach (Germany) including Area President Europe, Chief Marketing Officer and Chief Operating Officer; 2010 to 2011 Head of Company Development at Sachsenmilch Leppersdorf GmbH, Leppersdorf/Dresden (Germany); 2011 Interim Managing Director at Gyma Deutschland GmbH, Kamp-Lintfort (Germany); 2011 to 2017 General Manager and Senior Site Director at Glanbia Nutritionals Deutschland GmbH, Orsingen-Nenzingen (Germany); 2017 to 2020 Managing Director at Uckermärker Milch GmbH, Prenzlau (Germany); at HOCHDORF Swiss Nutrition AG Managing Director Food Solutions 2018 until 2020 and Managing Director Baby Care 2020. Other activities: Chair of the Boards of Directors of all HOCHDORF subsidiaries; Chair of the foundation board of the HOCHDORF Swiss Nutrition Ltd. pension fund; Member of the German Senate of Economy since 2016.

Events after the balance sheet date
On 20 January 2022, Dr Peter Pfeilschifter announced his resignation as CEO of the HOCHDORF Group with immediate effect. In an extraordinary meeting, the Board of Directors appointed Ralph Siegl as Delegate of the Board of Directors. In this capacity, Ralph Siegl has assumed the role of CEO of the HOCHDORF Group. Information on Ralph Siegl can be found on page 39.

Nanette Haubensak

1969, German citizen. Place of residence: Zurich Position: CFO of the HOCHDORF Group since 29 June 2020. Training/degree: Degree in Economics at the Freie Universität Berlin (Germany); Master of Arts (European Tourism Management) at the University Savoie Mont Blanc (France) and Bournemouth University (UK); CAS Digital Transformation at the PHW Business School Bern. Professional background: 1997 to 2001 Senior Consultant at Management Arthur D. Little, Berlin; 2001 to 2006 M&A Manager and Head of Cooperations & Contract Management at Infineon Technologies AG, Munich (Germany); 2006 to 2019 Head of Corporate Development and Head of Finance & Controlling for the Components Division and subsequently the Machines & Systems Division at the Rieter Group, Winterthur. Other activities: Ambassador for the SANNI Foundation.

Géza Somogyi

1978, Hungarian citizen. Place of residence: Güttingen Position: COO of the HOCHDORF Group since 1 July 2020. Training/degree: Food science. Professional experience: 2002 to 2013 Development Engineer and Head of Operations at Mars Inc. Bokros (Hungary); 2015 to 2020 Head of Production at several plants with additional responsibility for the registration of German plants and formulations as a condition of market entry in China at Danone/Milupa, Fulda (Germany).

4.2. Permissible number of other mandates

Members of the Group Management may hold a maximum of 1 mandate in listed companies (Art.727 (1)(2) and three mandates in non-listed companies within the meaning of Art.727 (1)(2) CO as well as 5 mandates in a legal entity that does not meet the above criteria.

4.3. Management contracts

There are no management contracts between HOCHDORF Holding Ltd and third parties or third-party companies.