Flughafen Zürich AG: Change on Board of Directors at General Meeting of Shareholders 2023

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Andreas Schmid has been Chairman of the Board of Directors since Flughafen Zürich AG was established in 2000. During this time, the company has developed extremely successfully. The merger of the previous state-owned Airport Authority and Flughafen-Immobilien-Gesellschaft, which was already listed on the stock exchange at that time, created the foundations for a smoothly functioning business model that was further reinforced with the expansion of the commercial centers, growth in the real estate segment and the establishment of international business. Over the past 22 years, the company's value has increased greatly, and it has dealt with difficult crises such as the bankruptcy of the Swissair Group or the coronavirus pandemic under its own steam. Zurich Airport is considered a worldwide leader in terms of quality and image, and Flughafen Zürich AG is known for the high level of solidarity between the company and its employees. All the characteristic buildings that now shape Zurich Airport were built under the leadership of Andreas Schmid. These include the Airside Center, Docks E, B and D, Airport Shopping and the Circle, which opened in 2020.

The Board of Directors wishes to thank Andreas Schmid for his excellent work and outstanding commitment to Switzerland's gateway to the world. With his strategic foresight and entrepreneurial expertise, he significantly helped to shape Zurich Airport and has managed the company very prudently.