Wienerberger AG

Press release

Term of office prolonged for Wienerberger CEO Heimo Scheuch

  • Wienerberger's Supervisory Board prolongs the term of office of CEO Heimo Scheuch to 5 years until December 31, 2025
  • Supervisory Board supports the Group's ambitious growth strategy

Vienna, January 19, 2021 - The Supervisory Board of Wienerberger AG decided to prolong the term of office of Managing Board Chairman Heimo Scheuch (54) to five years. The CEO's current term of office has thus been extended until December 31, 2025. Heimo Scheuch has held the position of Chairman of the Wienerberger Group since 2009 and has played a key role in shaping Wienerberger's development into a leading provider of smart, innovative solutions for the entire building envelope and infrastructure.

Peter Steiner, Chairman of the Supervisory Board: "Wienerberger's performance in recent years has been excellent. In 2019, we delivered the best results ever in the 200-year history of the company, and even during the Covid-19 pandemic we impressively demonstrated our resilience. In his capacity as CEO, Heimo Scheuch has been instrumental in this strong performance. He was among the first movers in digitalization, innovation and sustainability, driving the transformation of the company into an innovative provider of system solutions for the entire building envelope and for infrastructure projects. Together, we will further advance on this successful path and play an active role in shaping the future of the entire building materials industry. The Supervisory Board is looking forward to continuing its cooperation with Heimo Scheuch as Chairman of the Managing Board."

"I thank the Supervisory Board for this show of confidence and look forward to dynamically pursuing our value-creating growth strategy in the coming years together with my colleagues on the Managing Board and our more than 17,000 employees. We are perfectly positioned to grow both organically and through acquisitions. We will build on our pioneering role in the development of sustainable and intelligent solutions for the building industry and for infrastructure; in doing so, we will generate added value for all our stakeholders", says Managing Board Chairman Heimo Scheuch on the occasion of his reappointment.

Heimo Scheuch studied in Vienna and Paris, where he obtained several degrees in law and economics. He began his career in corporate finance and joined the Wienerberger Group in 1996. In his capacity as CEO he has been responsible for the Group's strategic and operational development since August 1, 2009. Based on his long-standing industrial and management experience and a strong focus on sustainability, digitalization and growth, he steered the Group on a successful trajectory of growth. His international experience enabled him to transform Wienerberger into a leading provider of building material and infrastructure solutions.

Wienerberger AG (Vienna Stock Exchange: WIE, Reuters: WBSV.VI, Bloomberg: WIE AV)

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Wienerberger AG

Press release

Wienerberger Group

The Wienerberger Group is a leading international provider of smart solutions for the entire building envelope and for infrastructure. Wienerberger is the world's largest producer of bricks (Porotherm, Terca) and the market leader in clay roof tiles (Koramic, Tondach) in Europe as well as concrete pavers (Semmelrock) in Eastern Europe. In pipe systems (Steinzeug-Keramo ceramic pipes and Pipelife plastic pipes), the company is one of the leading suppliers in Europe. With its total of 201 production sites, the Wienerberger Group generated revenues of € 3.5 billion and EBITDA LFL of € 587 million in 2019.

For further information, please contact:

Claudia Hajdinyak, Head of Corporate Communications Wienerberger AG t +43 664 828 31 83| claudia.hajdinyak@wienerberger.com

Anna Maria Grausgruber, Head of Investor Relations Wienerberger AG t +43 1 601 92 - 10221 | investor@wienerberger.com

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Wienerberger AG published this content on 19 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2021 07:41:02 UTC