The Board of Directors of Forbo Holding Ltd. has appointed Andreas Jaeger as member of the Executive Board. He will take up his new position on January 1, 2021, replacing Urs Uehlinger, who will leave the company. Andreas Jaeger is 48 years of age, is a Swiss citizen and has a solid financial background, having worked for many years in international industrial companies - most recently as Corporate Controller at Geberit for about five years and before that in various finance functions at Holcim for ten years. Andreas Jaeger is a Swiss Certified Public Accountant with advanced training in business administration and international business law.