MEDIA RELEASE

Ad hoc announcement pursuant to Art. 53 LR

Change in the Group Executive Board

Geberit AG, Rapperswil-Jona, 12 July 2021

The Board of Directors of Geberit AG has appointed Tobias Knechtle as the new Head of Group Executive Area Finance (CFO) and as a member of the Group Executive Board. He will join the company on 1 November 2021, replacing Roland Iff, who is set to retire at the end of 2021.

The Board of Directors of Geberit AG has appointed Tobias Knechtle as the new CFO of the Geberit Group with effect from 1 January 2022. Tobias Knechtle (49) completed his Master's degree in Business Administration at the University of Bern (CH) in 1995. He started his career in the Internal Audit department at Nestlé, before further roles as project manager at the Boston Consulting Group in Zurich and São Paulo, and as Managing Director of the German branch of the private equity company Cinven. From 2009 to 2014, he held leading positions in the finance department at the listed Kudelski Group. From 2014, he was CFO and member of the Group Executive Board at the listed Valora Group in Muttenz (CH). Since 2020, he has been investor, partner and CFO a.i. at Innoterra AG, Zug (CH). The Board of Directors is convinced that in Tobias Knechtle, it has found a manager with an excellent track record in the financial area of listed companies and, in addition, extensive experience in areas such as IT and auditing. His personality - one that fits in very well with the Geberit culture - together with his broad experience at international listed companies make him the ideal candidate to successfully lead and further develop the Group Executive Area Finance at Geberit.

After retiring from his operational role, CFO Roland Iff will concentrate on non-executive activities outside Geberit from 2022 onwards. The Board of Directors and Group Executive Board would like to express our sincere thanks to Roland Iff for his major contribution to the success of the Geberit Group, and are pleased to be able to count on his extensive experience until the end of 2021.

Also available at www.geberit.com/media:

  • CV of Tobias Knechtle

For further information, please contact:

Geberit AG

Schachenstrasse 77, CH-8645 Jona

Roman Sidler, Corporate Communications & IR

Tel. +41 (0)55 221 69 47

About Geberit

The globally operating Geberit Group is a European leader in the field of sanita ry products. The product range consists of sanitary technology, piping systems, ceramic appliances, bathroom equipment and furnishings as well as services which take economic, ecological and social aspects into account. The production network encompasses 2 9 production facilities, of which 6 are located overseas. The Group is headquartered in Rapperswil-Jona, Switzerland. With around 12,000 employees in around 50 countries, Geberit generated net sales of CHF 3.0 billion in 2020. The Geberit shares are listed on the SIX Swiss Exchange and have been included in the SMI (Swiss Market Index) since 2012.

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Geberit AG published this content on 12 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 July 2021 16:00:01 UTC.