Helvetia Holding AG announced that due to family misfortune, Doris Russi Schurter will not stand for re-election as Chairwoman of the Board of Directors at the next Shareholders' Meeting. Dr. Axel Lehmann will be proposed to the Shareholders' Meeting as a new member of the Board of Directors. He is expected to be elected as Chairman of the Board of Directors at the 2023 Shareholders' Meeting. Dr. Thomas Schmuckli, the current Vice-Chairman of the Board of Directors, will serve as interim Chairman.